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August 8th, 2019

Nowadays everyone is worried about saving money and there are various schemes available to make money from the market. But today we will tell you about a post office scheme in which you will become a millionaire within a few years of opening an account and you will not need a lot of money. All you have to do is save 200 bucks.

Within a few years, a fund of 21 lakh will be made

Let me tell you that you can easily save up to Rs 200 from daily expenses and with small savings you can meet your needs in the future. The Post Office No Public Provident Fund Account is the best option to save nowadays. You have to save Rs 200 a day in this account. If you can do it every day, then depending on you, you can have a fund of Rs. 21 lakh.

You can open this account anywhere

You can open this post office account at any branch in the country. Also, you can open more than one account if you wish. Apart from this, two people can also operate this account together.

This way you will get Rs 21 lakh

Let me tell you that if you are 25 years old you save only 200 rupees from your expenses, then after 15 years, you will get about Rs 21 lakh support.

How to become a Fund

Let me tell you that if you are planning to save only Rs 200 per day through this scheme then you will get 6000 a month. Year entry will be Rs 72000.

  • If you do this for 15 years, your entry will be Rs 10.80 lakh.
  • At the same time, interest in compounding PPF will be compounded into your money for compounding year 8. Also, if you get interested at this rate for 15 years, the total return will be Rs 21 lakh.
  • That means you will have an additional benefit of Rs. 8 lakh as interest on your total investment.

Can open an account in a hundred bucks

Let me tell you that you can open this account for Rs. 100 It requires investing at least 500 rupees a year. At the same time, you can invest an additional 1.5 lakh rupees a year in this account. You can also open a joint account. You can also open this account in your child’s name. However, it does not have pre-matched withdrawals.

Read in Gujarati: Click Here

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