Post Office PPF Scheme: Gone are the days of keeping your money in the bank, because now people believe more in investing instead of keeping their money in the bank, because by investing your money, you can increase your money at home, that is, you can make money from money. So today let us see one such scheme so that we can make money at home through money itself.

Post Office PPF Scheme

The full name of PPF is Public Provident Fund, if you want to invest your money for a long time then this scheme is best for you because by investing money in this scheme you get good interest, so don't invest in rupees only. Invest in the scheme so that money is saved and the money continues to grow at home. Through this scheme you will get an interest rate of 7.10% on your invested money.

Benefits of Post Office PPF Scheme

If you invest your money in this scheme, you also get tax relief, in this scheme you don't have to pay tax up to ₹1,50,000.

To avail any post office scheme you have to open an account in the post office which is opened for just ₹100.

By investing in this Post Office PPF Scheme you get 7.10% interest on your investment.

One can start with a minimum investment of ₹500 and can invest up to ₹1,50,000 in this scheme.

Keep this in mind before investing in Post Office PPF Scheme

Before investing in any post office scheme, visit the nearest post office and get complete information about the scheme, then invest the money if you feel it is suitable.

Before investing keep in mind that you should have self confidence that you can pay money in that scheme from time to time.

How much return you will get on how much investment

For example if you invest ₹75,000 every year in this scheme you will get 7.10% interest so after 5 years you will get ₹9,09,105 on this amount out of which your investment will be ₹3,75,000. Thus a huge profit is seen on an investment of only 5 years.

How to apply in this scheme?

If you want to apply in Post Office PPF Scheme, then you should go to your nearest post office and tell any employee about this scheme and get all the information about this scheme through him, after that the employee will give you the application form, fill this application form again this application which It has to be returned to the employee after which the employee will submit your application form.