Most of us want to invest our savings money in a good place. However, it is important for you to understand when and where to invest the savings money, only then you can get a good return on it. Many people in the country do not invest in those investment options where there is a risk of market risks. If you also want to invest in a scheme that gives safe and guaranteed returns, then this news is especially for you. Today we are going to tell you about a very great scheme of the government. The name of this scheme is Public Provident Fund Scheme. This scheme of the Government of India is very popular in the country. Many people are investing here. In this connection, let us know about it in detail -

By investing in the Public Provident Fund Scheme, you are currently getting an interest rate of 7.1 percent. Public Provident Fund Scheme is also known as PPF Scheme. In this scheme, you can invest a minimum of Rs 500 and a maximum of Rs 1.5 lakh annually.

Your money invested in Public Provident Fund matures in a period of 15 years. If you want to invest further, you can extend the investment period for five years each.

If you also want to invest just Rs 8,000 and collect Rs 26 lakh in a few years, then for this you will first have to open your account in the Public Provident Fund scheme.

After opening an account in the PPF scheme, you have to save Rs 8,000 every month and invest Rs 96,000 annually in the PPF scheme. You will have to invest Rs 96,000 every year for a total of 15 years. In such a situation, after 15 years, you will have a total fund of Rs 26,03,654. This money will work to meet your financial needs in the future.