Let's know how to become a millionaire by starting an investment in post office SIP.

Post Office PPF Scheme 2023:

Post office public provident fund is the best option if you want to become a Crorepati by accumulating funds for your future.

The post office PPF scheme is very useful for the common people. Let us know all about this PPF scheme.

In the Post Office PPF Scheme, the investor will have to invest Rs 417 every day (deposit Rs 12500 every month).

If you deposit only Rs 417 every day in the post office public provident fund scheme, you will get Rs 1 crore on maturity.

If you deposit Rs 12500 every month for 25 years, then your Public Provident Fund balance will be around Rs 1 crore.

Investors will get the benefit of compounding with an annual interest of 7.1% At the time of maturity.

The maturity period of the Post Office PPF scheme is 15 years. It can be extended twice for 5-5 years.

Let us tell you that you get guaranteed returns in PPF. You also get tax benefits by investing in Post Office PPF.