How Much Invest Every Month to Become a millionaire? Know complete details
How Much Invest Every Month to Become a millionaire? Know complete details
Public Provident Fund (PPF) stands out as an attractive long-term investment scheme. It offers tax-free returns, making it a lucrative venture for individuals seeking to grow their wealth.
Tax Benefits
Tax Benefits
One of PPF's main advantages is its triple EEE benefit. This implies that there's no tax on the initial investment, the interest accumulated, or the matured amount, optimizing your savings.
Safety
Safety
The safety of your investment is paramount, and PPF guarantees this. Being a government-backed investment, it ensures your money is secure and promises steady returns.
Minimum Investment
Minimum Investment
Starting your investment journey with PPF is easy and affordable. With a minimum deposit requirement of just Rs. 500, PPF is accessible to everyone.
A Path to Millionaire
A Path to Millionaire
Consistent and regular investments in PPF can lead to significant wealth accumulation. In fact, by investing regularly over 25 years, you could accumulate up to Rs. 1 crore.
Loan Facility
Loan Facility
After a 5-year lock-in period, PPF allows you to take a loan against your account, adding another layer of financial security.
This is for informational purposes only. Investments are subject to market risks. Past performance doesn't guarantee future results.
Disclaimer
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