You can become a millionaire in a few years with just 10,000 rupees. Learn about the plan.

Investment Tips: With a monthly investment of just 10,000 rupees, you can build a substantial corpus in a few years. You can become a millionaire by investing in this government scheme. Learn the process.

People are very active these days when it comes to investing. Many invest in various avenues. Some invest in gold, some in the stock market, and some in mutual funds. Everyone wants their money to be safe and grow over time.

If you are looking for an investment that will remain secure over the long term and is not affected by market fluctuations, the Public Provident Fund (PPF) scheme is the right option for you. This scheme is run by the government and is considered very popular across the country.

Investing in the PPF scheme currently offers an annual interest rate of 7.1 percent. This rate provides good returns for long-term investments. Even by making small savings, you can accumulate a large corpus for the future.

This scheme is therefore especially beneficial for those who want regular and secure investments. The minimum investment amount in the PPF scheme is ₹500 per month, while the maximum annual deposit is ₹1.5 lakh.

The term of the scheme is 15 years, and after maturity, you can extend it for 5 more years. This makes it a safe long-term investment option. If you invest ₹10,000 every month, you can become a millionaire.

You will need to deposit ₹10,000 every month for the entire 15 years. At the current interest rate of 7.1 percent, your total maturity value in 15 years will be approximately ₹32 lakh. This amount will be very useful for you in the future.

The process of opening a PPF account is quite simple. You can apply for it by visiting your nearest bank or post office. Regular and long-term investments can earn you good returns. This scheme is especially beneficial for those who are looking for safe and reliable investment.