Thursday, July 10, 2025
  • Login
Asia News Observer
  • Home
  • J&K
  • Special
  • National
  • Health
  • Sports
No Result
View All Result
Asia News Observer
  • Home
  • J&K
  • Special
  • National
  • Health
  • Sports
No Result
View All Result
Plugin Install : Cart Icon need WooCommerce plugin to be installed.
Asia News Observer
No Result
View All Result
Home Lead

Central Government Scheme: Invest Rs 12500 per month and get Rs 1 crore – Here’s how

SBI special fixed deposit scheme for these people extended till March 31, extended second time — Check now

File Photo

Share on Facebook

New Delhi, Nov, 17: If you are looking to invest your hard-earned money and get guaranteed great returns, then this central government scheme is just for you. This special investment scheme by the central government of India offers the opportunity to make a huge amount of Rs 1 crore on maturity by investing only Rs 12500 monthly.

This government investment scheme that gives guaranteed returns is called the Public Provident Fund. The PPF is one of the best investment options in India with a minimum investment amount of as low as Rs 500.

While you can become a PPF investor for as low as Rs 500, you can also invest up to a maximum of Rs 12,500 every month or Rs 1.5 lakh per year. This investment scheme offers great interest rates with a maturity period of 15 years, which can be extended for another 5 years to maximise returns.

The scheme can be availed simply be going to a public bank or your nearby post office.

RelatedPosts

Vande Bharat, Chenab Bridge take spotlight at World Expo 2025 in Osaka: Railway Ministry

Centre allocates Rs 4,224 crore for 316 rural roads in Jammu and Kashmir

J&K Police Attaches Property of Pakistan-Based Militant Handler in Lolab, Kupwara

Great Interest rate and returns

Under PPF, investors are currently getting a great 7.1% annual rate of interest. Under the scheme, the government starts payments of interest every month after March in each year.

Furthermore, investors in this government scheme also enjoy the benefit of income tax exemption under section 80C.

Invest Rs 12500 per month and get Rs 1 crore on maturity

Making a crore out of your total investment in the scheme requires you to hold your PPF account for a minimum period of 25 years. While a PPF account matures at 15 years, it is not mandatory to close it at that time. A person can extend the invest indefinitely in blocks of 5 years.

In this time, your total investment, at Rs 12,500 per month, will stand at Rs 37,50,000. However, your total earnings, the investment combined with an interest of Rs 65,58,012 at 7.1% per annum, will be Rs 1,03,08,012 at the end of 25 years.

After the standard maturity period of 15 years ends. However, this can be done only twice. This scheme can also be started by parents by opening PPF accounts for children on their behalf.

ShareTweetSend
Previous Post

Hyderpora Encounter: Family members of slain Altaf, Mudasir demand bodies for proper burial

Next Post

Weather To Stay Dry, Mercury To Remain Below Normal By Minus 2-3°C In Kashmir: MeT

Related Posts

Vande Bharat, Chenab Bridge take spotlight at World Expo 2025 in Osaka: Railway Ministry

Vande Bharat, Chenab Bridge take spotlight at World Expo 2025 in Osaka: Railway Ministry

July 10, 2025
Govt intends to develop tourism infra at Peer-Ki-Gali, Dubjan

Centre allocates Rs 4,224 crore for 316 rural roads in Jammu and Kashmir

July 9, 2025
J&K Police Attaches Property of Pakistan-Based Militant Handler in Lolab, Kupwara

J&K Police Attaches Property of Pakistan-Based Militant Handler in Lolab, Kupwara

July 9, 2025

Haj-2026 Applications Open: HCI urges pilgrims to apply early

July 8, 2025

Amarnath Pilgrim Dies After Falling Unconscious at Baltal Base Camp

July 8, 2025

Pahalgam terror attack: NIA gets custody of two accused for 10 more days

July 7, 2025

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Facebook Twitter Instagram Youtube Telegram

About Us

Asia News Observer is a multimedia news portal based in Kashmir region of Jammu & Kashmir. We cover political, social and cultural dissent within the larger context of the conflict and its contours to provide an honest understanding of daily life.

NEWS BY TOPIC

  • Gaming / Technology
  • Health
  • International
  • J&K
  • Lead
  • National
  • News
  • Opinion
  • Special
  • Sports
  • Video

More Info

  • Home
  • Privacy Policy
  • Team
  • Contact Us
  • About Us

© 2020 ASIA NEWS OBSERVER - DESIGNED BY BUUCKET

No Result
View All Result
  • Home
  • J&K
  • Special
  • National
  • Health
  • Sports

© 2020 ASIA NEWS OBSERVER - DESIGNED BY BUUCKET

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
error: Content is protected !!