India's Best Savings Scheme: Invest ₹3,000/Month in PPF for ₹20 Lakhs

• Public Provident Fund (PPF) is a government-backed, long-term savings scheme in India, offering tax benefits under the EEE (Exempt-Exempt-Exempt) model.
• The PPF currently offers an annual interest rate of 7.1%, compounded yearly, with a lock-in period of 15 years.
• Investors can contribute a minimum of Rs. 500 and a maximum of Rs. 1.5 lakh annually.
• A monthly investment of Rs. 3,000 in PPF can grow to approximately Rs. 9.87 lakhs in 15 years.
• Investing Rs. 6,000 monthly can accumulate around Rs. 19.74 lakhs over 15 years due to annual compounding.

Why It Matters: PPF offers a secure, tax-free path to long-term wealth creation.