PPF Tips: You will get a tax-free income of Rs 1 lakh every month from PPF, this is the easiest way..

You can invest a minimum of Rs 500 and a maximum of Rs 1.5 lakh every year in a PPF account. You can deposit this investment in a lump sum or 12 monthly installments, whichever is convenient for you.

If you invest an amount of Rs 1.5 lakh every year for 15 years, your account will mature. After this, you can extend it for an additional 5-5 years and continue the investment process.

In 15 years, your investment amount will be around Rs 22.5 lakh, including interest, and the total maturity can reach Rs 40.68 lakh. In 20 and 30 years, this amount can grow to Rs 66.58 lakh and Rs 1.54 crore respectively.

With continuous investment and the addition of interest, your total deposit amount can reach Rs 1.95 crore in about 33 years, which will include interest of about Rs 1.45 crore which is completely tax-free.

After 33 years, your total amount will earn an interest of around Rs 16.24 lakh annually, which will give you a tax-free income of around Rs 1,15,363 every month.

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