PPF Update: Get Rs.12 Lakh Profit By Depositing 1k Monthly

PPF (Public Provident Fund) Investment Scheme

There is no fixed time to invest, people make decisions every day then just forget about it. They always worry when they compare their current financial conditions with the future they are planning. Recently we have entered a new era with new and better opportunities to invest. Your saving needs the protection of investment to fight inflation. In the market, there are numerous schemes that offer high returns, but we have a great suggestion for you to invest with no risk at all.

Public Provident Fund (PPF) can be a great investment opportunity with its new scheme. It is specially created for low-risk investors. Risk is very low as the PPFs are fully shielded by the government. If you invest carefully then you can earn an adequate amount of profits in these schemes.


According to a PPF scheme, you can invest for far better returns for a longer period. You will just have to deposit Rs.1000 every month to get the profit of Rs.12 Lakh. This was initiated by the government in 1968 as National Savings Organisation for small saving options. For more detailed info you can visit the official government website.

Also read:

5 Investment Ideas In India To Plan Your Retirement

How Much Interest is there

Central Government Make changes to the interest rates of PPFs quarterly. Normally the interest rates range between 7 to 8 per cent. These rates can fluctuate slightly according to the economic positions. Current interest rates on PPF are 7.1 which can vary next year. It is comparatively better than the returns that banks offer to us. The minimum amount to invest in a PPF account is Rs.500 and the upper limit is Rs.1.5 lakh for every year. These schemes have a maturity period of 15 years.

PPF Benefit: Take Loan When You Need

If you are a PPF account holder then you can also take a loan when you need it. But you can avail of this benefit in the 3rd or 6th year of account opening. You can also withdraw some amount after 6 years of account opening.

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Rishabh Sharma

Rishabh is an experienced content writer and editor, he is working for Viralbake to cover a diversified range of categories. His articles mainly focus on providing information, being a travel guide, educating others, and also making people aware of technology, after all, he is a technophile. When not writing he can be found gaming, watching movies, and travelling.

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