Public Provident Fund (PPF) is a popular way to create a retirement corpus as it offers a tax-free amount on maturity. With a fixed interest rate that compounds annually, it’s perfect for those who prefer low-risk investments, allowing them to accumulate a substantial corpus in the long term. But if you are aiming to create a Rs 1 crore corpus through PPF, how many years will you need to invest, considering the maximum PPF investment limit in a financial year is Rs 1.5 lakh? And can you also earn a monthly income from a Rs 1 crore PPF corpus? Let’s find out!
In how many years, can a PPF accountholder build a Rs 1 crore corpus?
