Become a Millionaire Through PPF?  Know Your Required Investment!

PPF (Public Provident Fund) is a tax-free, long-term investment option with compounding benefits.

Opening a PPF Account

Opening a PPF Account

To invest in PPF, you can open an account either at a bank or at your nearest post office. The process is simple, and you will need to provide the necessary documents to open the account.

 Investment Flexibility

 Investment Flexibility

You can invest in PPF with amounts ranging from Rs 500 to Rs 1.5 lakh. This allows you to choose the investment amount that suits your financial goals.

Becoming a Crorepati with PPF

If you deposit Rs 12,500 monthly in PPF for the next 25 years, you can become a crorepati. Wondering how? Let's explore the calculations.

Maximum Annual Deposit Limit

The maximum annual deposit in PPF is Rs 1.5 lakh, which means you can invest Rs 12,500 per month. This ensures that you maximize your investments within the allowed limit.

Understanding Interest Calculation

Currently, PPF offers an interest rate of 7.1%. According to this calculation, you will earn Rs 65,58,015 as interest over 25 years.

Total Returns

If you add the invested amount and the interest earned, you will have a total of Rs 1,03,08,015.

Tax Benefits

Tax Benefits

PPF also provides tax benefits under section 80C, and you can also avail the benefit of a loan in the third and fifth year of investment.

This is for informational purposes only. Investments are subject to market risks. Past performance doesn't guarantee future results.


Transforming Rs 500 into a Whopping 7.5 Lakhs