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The Post Office offers several investment schemes, among them is the Public Provident Fund (PPF), which is popular for its guaranteed returns and tax benefits on investments of up to Rs 1.5 lakh per year under Section 80C. You can open a PPF account at either a post office or a bank. Both options have the same rules and benefits, so you can choose the one that's most convenient for you. On that note, let’s find out how much you will earn in 15, 20, and 25 years by investing Rs 8,000 monthly in Post Office PPF.

The Public Provident Fund (PPF) at the post office is a savings plan that helps you save money for the long term. It's backed by the government, offers tax benefits, and guarantees returns, helping to secure your financial future.

 Any individual, including those who are employed, self-employed, or pensioners, can open a PPF account. A guardian can open a PPF account on behalf of a minor or a person.

Only one PPF account can be opened across the country, either in a post office or a bank.

1. The minimum deposit required in a year is Rs 500, while the maximum deposit allowed is Rs 1.50 lakh.

2. Combined Deposit Limit: The maximum limit of Rs 1.50 lakh applies to the combined deposits made in: Your own PPF account or a PPF account opened on behalf of a minor.

The account matures after 15 financial years, excluding the financial year of account opening.

When your PPF account matures, you have a few options:

1. Take the maturity amount: Fill out the account closure form, submit it with your passbook, and get your money.

2. Keep the money in the account: You can leave the maturity amount in the account and still earn interest. You can withdraw the money anytime or make one withdrawal per year.

3. Extend the account: Within one year of maturity, you can extend your PPF account for another 5 years by submitting an extension form at the post office.

Here are the rules regarding withdrawals from a PPF account:

You can make one withdrawal per financial year, but only after five years from the date of account opening, excluding the year of account opening.

The amount of withdrawal allowed is up to 50 per cent of the balance credited to the account at the end of the fourth preceding year or the end of the preceding year, whichever is lower.

Investment amount: Rs 8,000

Annualised rate of return: 7.1 per cent

Investment period: 15, 20, 25 years

Annual investment: Rs 96,000 (8,000x12)

Your total investment amount in 15 years will be Rs 14,40,000. The estimated interest earned during this period will be Rs 11,63,654, and the estimated maturity amount will be Rs 26,03,654. 

Your total investment amount in 20 years will be Rs 19,20,000. The estimated interest earned during this period will be Rs 23,41,304, and the estimated maturity amount will be Rs 42,61,304.

Your total investment amount over 25 years will be Rs 24,00,000. The estimated interest earned during this period will be Rs 41,97,130, and the estimated maturity amount will be Rs 65,97,130.

DISCLAIMER: Investments carry risk; seek professional guidance

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