Public Provident Fund Scheme: Invest this much every month, you will get around Rs 1 crore at the time of maturity

A large number of people in the country prefer to invest in the Public Provident Fund Scheme. In this, there is more hope of getting good returns on investment. By investing in Public Provident Fund Scheme, you will not have to face any kind of market risk.

At present an interest rate of 7.1 percent is being given on investment in it. You can deposit a huge amount of Rs 1 crore by investing Rs 12,500 in the Public Provident Fund Scheme.

For this, by opening your account in the Public Provident Fund Scheme, you can save Rs 12,500 every month for 25 years and invest Rs 1.5 lakh annually. After this, at the time of maturity you will get a huge amount of around Rs 1 crore. The investment amount in this scheme matures in 15 years. You have the option to extend it for another 5 years.