Earnings up to ₹61,000 every month from PPF account:Fund of ₹1.03 crore will also be ready; know what the 15+5+5 formula is

The government has not made any changes to the interest rates of Small Savings Schemes for the July-September quarter, which is the second quarter of the financial year 2026-27. This means you will continue to receive the same interest as before. In such a situation, if you want to create a smart fund for retirement, Public Provident Fund (PPF) can be a good option for you. With the 15+5+5 investment strategy in PPF, you can build a fund of ₹1.03 crore in 25 years. From the interest received on this amount, you can create a pension of ₹61,000 per month. PPF is one of the most reliable and secure investment schemes. PPF offers 7.1% guaranteed interest Investing in PPF with a guaranteed interest of 7.1% is completely risk-free. This interest compounds every year, meaning you earn interest on your money, and then interest is also added to that interest. This power of compounding makes PPF so special. The interest earned and the maturity amount received are tax-free. In this scheme, you can invest a minimum of ₹500 and a maximum of ₹1.5 lakh every year. With an annual investment of ₹1.5 lakh, the 15+5+5 formula will yield ₹1.03 crore, with ₹65 lakh coming from interest PPF’s 15+5+5 formula is a type of investment plan where you let your money grow for 25 years. The original period of the PPF scheme is 15 years. But upon completion of 15 years, you have 3 options. Take a 5-5 year extension after 15 years How to get a monthly income of ₹61,000? Upon completing 25 years, you can continue the fund of ₹1.03 crore in your PPF account. You will continue to receive an annual interest of 7.1% on this amount. At 7.1% annual interest, approximately ₹7.31 lakh will be generated every year. This means you will receive about ₹60,941 per month (₹7.31 lakh/12). The special thing is that your principal fund of ₹1.03 crore will remain intact. Your regular income will start. Can invest up to ₹1.5 lakh annually; interest to maturity is tax-free Who can open a PPF account? Any individual can open this account in their name at a post office or bank. Additionally, the account can also be opened by another person on behalf of a minor.