Public Provident Fund: Invest THIS much in PPF to become a crorepati before your retirement

If you’re 30 years old and plan to start investing in the PPF to get Rs 1 crore before your retirement, then you should invest Rs Rs 12500 per month. Your total investment after 15 years will become Rs 40,68,209, of which Rs 22.5 lakh is the principal and Rs 18,18,209 is the interest. 

However, instead of withdrawing the amount, you can keep investing in the scheme so that your investment becomes Rs 66,58,288 after 20 years and Rs 1,03,08,015 after 25 years. 

You can also start investing in PPF a little early to become a crorepati. For instance, you can start investing Rs 10,000 every month in PFF to become a crorepati at the age of 55 or before your retirement. 

In this case, your investment will become Rs 32,54,567 after the 15 years tenure. However, if you keep investing in the scheme for 15 more years, then your total investment will become Rs 1,23,60,728 when you turn 55.

If you starting at the early age of 20, then you need to invest just Rs 7,500 per month in the PPF scheme to become a crorepati by age 55. After the 15 years tenure, your investment in PPF will become Rs 24,40,926. 

However, if you keep on investing in the scheme, then your investment in the scheme will turn into Rs 1,36,18,714 when you turn 55.

Public Provident Fund or (PPF) is a long term investment option in which investors receive impressive, safe returns. You can invest a maximum of Rs 1.5 lakh in a year in the PPF scheme, which is roughly about Rs 12,500 per month.

The Indian government is currently offering an annual interest of 7.1% on PPF investments made for 15 years.