Invest ₹7000 monthly in PPF: Get ₹22,78,197 at maturity.

• PPF (Public Provident Fund) is a central government-backed long-term savings scheme offering financial security.
• The scheme currently offers an annual interest rate of 7.1% and matures in 15 years.
• Investors can deposit a minimum of ₹500 and a maximum of ₹1.50 lakh annually.
• A monthly investment of ₹7000 (₹84,000/year) yields ₹22,78,197 at maturity, including ₹10,18,197 in interest.
• PPF accounts offer loan facilities and have withdrawal restrictions for the first five years, with subsequent withdrawals allowed only for specific reasons.

Why It Matters: Government's PPF scheme offers significant long-term savings and financial security.