Government Scheme: If you too are looking for a Central Government scheme to invest in, today we would be telling you about a scheme where you can make Rs. 1 Crore by investing just Rs. 12,500 every month. The government runs a number of special investment schemes for the general public, where you can make good returns on your investment. This government-run investment scheme is called Public Provident Fund. Currently, it is considered to be one of the best investment options. You can opt for this scheme at any Public Bank or Post-Office. 


Minimum Investment Amount is just Rs. 500:
You can start investing in PPF by depositing a minimum of just Rs. 500 per month. You can deposit a maximum of Rs. 12,500 per month or Rs. 1.5 Lakh per year. This investment option is known to give good returns and offers brilliant interest rates too. The maturity period of PPF is 15 years, but you can extend it by a period of 5 years at a time.


What interest rate could you get?
At the moment, Investors are enjoying an annual interest rate of 7.1% under this government scheme. The Government begins paying interest on a monthly basis after March every year. You can open an account in your name if you are an adult. In the case of children, their parents can open a PPF account on their kids' behalf.


Tax Exemption Benefits:
Investors also get the benefit of income tax exemption under this scheme. You can avail of tax exemption under section 80C. 


This is how you could get Rs. 1 Crore upon maturity:
In order to make Rs. 1 Crore upon maturity, you need to hold the PPF account for the maximum period possible, that is 25 years. In these 5 years, you would have deposited Rs. 37,50,000 in total at Rs 1.5 Lakh per annum. Calculating interest on this amount at 7.1% per annum, you would make Rs. 65,58,012 in interest. In this way, you would make Rs. 1,03,08,012 upon maturity, 25 years later. For your information, a PPF account matures after 15 years. However, it could be extended by 5 years after the standard maturity period of 15 years ends. However, this can be done only twice.