A PPF account matures after fifteen years, the account holder can withdraw money only after fifteen years. How to turn 1,000 rupees into 26 lakhs? In such a situation, after the next 5 years in your PPF account, that is, in the 35th year, the money in your PPF account will increase to Rs 18.15 lakh. In such a situation, after the next 5 years in your PPF account, that is, in the 40th year, the money in your PPF account will increase to Rs 26.32 lakh. That is, the investment of Rs 1,000 you started at the age of 20 will become Rs 26.32 lakh till retirement.

Source: dna July 08, 2021 07:52 UTC