If you want to build a good fund over the long term with a safe investment, the Public Provident Fund (PPF) is a reliable option. Tax exemption, guaranteed returns, and government guarantee make it a top choice for the middle class. The question is, how much money will you get at maturity after 15 years if you invest ₹2,000, ₹3,000, or ₹5,000 every month? This PPF calculation will clarify everything.

Let's understand the basics of PPF first.
A PPF account is opened for 15 years, and the interest rate is determined by the government. The interest rate is reviewed every three months. Currently, PPF offers an annual interest rate of 7.1%. A minimum of ₹500 and a maximum of ₹1.5 lakh can be invested annually. The biggest advantage is that the investment, interest, and maturity amounts are all tax-free.

PPF calculation for investing ₹2,000 every month
If you invest ₹2,000 every month, which is ₹24,000 annually, in PPF, your total investment over 15 years will be approximately ₹3.60 lakh. At an interest rate of 7.1%, you will receive approximately ₹6,50,913 at maturity after 15 years.

What will you get by investing ₹3,000 every month?
By investing ₹3,000 every month, or ₹36,000 annually, your total investment over 15 years will be ₹5.40 lakh. After adding the interest, you will receive approximately ₹9,76,370 at maturity.

How big a fund will be created by investing ₹5,000 every month?
If you invest ₹5,000 every month, or ₹60,000 annually, in PPF, your total investment over 15 years will be ₹9 lakh. At an interest rate of 7.1%, you will receive ₹16,27,284 at maturity.

Who benefits from investing in PPF?
PPF is especially suitable for those who do not want to take any risks. Salaried individuals, self-employed people, women, and parents can invest in this scheme for their children's future. It is considered a completely safe investment as it is not affected by market fluctuations.

Extension Option
If you wish to continue contributing to your PPF account even after 15 years, you can do so. For this, you need to submit an application before maturity. The extension will be for 5 years at a time. This way, you can extend it in blocks of 5 years for as long as you want and accumulate a substantial amount of money.

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