If you want to grow your money in a safe way and also want to create a big fund in the long term, then the Post Office PPF scheme is the best option for you. This scheme helps in increasing your money gradually and is completely safe due to being run by the government.

How to get ₹24,40,926
If you deposit ₹90,000 every year in this scheme, then your total investment will be ₹13,50,000 in 15 years. The current interest rate on this scheme is 7.1%. It gives the benefit of compounding, that is, the interest received every year is added to your investment and then interest is also received on it.
The total duration of the scheme is 21 years. This means that for 15 years you will deposit money and for the remaining 6 years only interest will be added. After 21 years, you will get a total of ₹24,40,926 in which ₹13,50,000 will be your investment and ₹10,90,926 will be profit in the form of interest.
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