If you are planning to invest your hard earned money safely for your future, then a special scheme is being run by the Post Office. Investing in this scheme gives great returns in today’s time. The name of the scheme of the Post Office is Public Provident Fund.
Post Office PPF Scheme
If you are planning for safe investment then Post Office Public Provident Fund Scheme can prove to be a beneficial option for you as it is run by the government. That is why there is no risk of any kind on investment in it. You can create a fund of lakhs of rupees for your future by depositing small amounts of money in Post Office PPF Scheme.
100% Safety Guaranteed
Post Office Public Provident Fund Scheme is a long term scheme, which means you have to invest in this scheme for a long period. Now let us tell you that the duration of this scheme has been kept at 15 years by the Government of India, in which your money is completely safe. The government itself gives you 100% guarantee of security. Post Office PPF Scheme is a beneficial option for retirement planning as well as tax saving.
Post Office PPF Scheme Interest Rate
If you are planning for risk-free investment then Post Office Public Provident Fund Scheme is the best option for you because in this scheme you can get a huge amount for your future by depositing small amounts of money. PPF Scheme is very useful for the middle class people. Let us tell you that at present, the benefit of interest on this scheme is being given at the rate of 7.1%. Although the government keeps changing this interest rate, you get the benefit of compounding interest in it.
Calculations
- If you invest ₹1500 every month in this scheme of Post Office (Post Office Savings Scheme), then your total investment in 1 year is 18000 rupees and in 15 years, the total investment is 2,70,000 rupees. On this, you are given a return of 586000 including interest on maturity.
- If you invest ₹2000 every month in Post Office PPF Scheme, then your total investment in 1 year is 24000 and in 15 years the total amount invested by you is 3,60,000 rupees. On this, you are given a return of 7,82,000 on maturity.
- If you invest ₹3000 every month in Post Office Public Provident Fund Scheme, then your total investment in 1 year will be ₹36000 and in 15 years, the total investment will be ₹5,40,000; in this, you are given a return of ₹11,73,000 on maturity.
- If you invest ₹4000 every month in Post Office PPF Account, then the total amount invested by you in 1 year is Rs 48,000 and in 15 years it is Rs 7,20,000. On this you are given a return of Rs 7,82,000 on maturity.
- If you invest ₹5000 every month in the Public Provident Fund scheme, then you invest ₹60,000 in 1 year and a total of ₹900000 in 15 years, on which you are given a return of ₹19,55,000 on maturity.
Post Office Small Savings Scheme
If you extend your PF account for another 5 years after 15 years and continue investing ₹ 5,000 every month for 20 years, you can raise a fund of up to Rs 54 lakh from this scheme.
Post Office Public Provident Fund
- Minimum investment: In this scheme run by the post office, you can deposit up to ₹ 500 in a minimum period of 1 year.
- Maximum investment: You can invest a maximum of Rs 1.5 lakh in Post Office Public Provident Fund Scheme in 1 year.
- Partial Withdrawal: You can also withdraw some amount from this account after 7 years in case of emergency.
- Loan Facility: Loan option is also given on Post Office PPF account after 3 years.
Who should invest in PPF Account
- PPF Scheme (PPF Account) is a special scheme for those who want to save tax.
- This scheme is also a special option for those who want to save for their retirement.
- This scheme is also beneficial for those who look for safe investments and guaranteed returns.
- This scheme is also a best option for those who want to invest their money for a long period.
Documents required for the account
- PAN card
- Filled PPF account opening form
- Minimum initial deposit of Rs 500
- Passport size photo
- Address Proof
This is how Post Office PPF Account is opened
- To open a Post Office PPF account (Post Office PPF Scheme), you have to go to your nearest post office. From there you will have to get a form from the officer to open a PF account.
- You will have to enter all the information asked in that form, after this you will have to attach some important documents with that form. You can invest a minimum of ₹ 500 to 1.50 lakh rupees annually in a Public Provident Fund account.
- You can invest in it according to your wish. After form verification, you will get the passbook of the PF account. In this way, your account will be easily opened in the Post Office scheme.
Source & Reference: https://www.chaandtak.com/personal-finance/post-office-ppf-scheme-2025-check-now/