PPF is also a good way to double your money. If you have some money and want to earn money from it, then you can choose PPF. Generally, there are two ways to double your money in PPF.
You can double your money in PPF depending on the time and interest rate. As- Based on time, the amount invested in PPF doubles in 15 years. So, if you invest in PPF for at least 15 years, your money will double.
The interest rate in PPF is decided every quarter based israel phone number data on the interest rate. If the interest rate is more than 12%, then your money can double in just 10 years.
Apart from these two methods, you can also double your money by increasing your PPF investment. For this, you can also open a PPF account in the name of your partner. In this way, your total investment limit will be Rs 3 lakh.
6. Double your money by doing business
If you do not want to invest anywhere, then you can double your money by doing business. Doubling money by doing business can be a good way, but it also involves some risk. Therefore, it is important to do complete research and planning before starting a business.
For this, first of all you have to make a business plan of your own, which fulfills the needs of the people and which has a good market. After this, you will have to make a good experienced team. If you do not know the business idea, then you can know 101 business ideas on this blog.
conclusion
There are many ways available today to double your money, which we will keep updating in this article. By the way, you must have already known how to double your money and how to invest. If you do not have money and want to earn money, then you can know the ways to earn money online .
You can choose the method of doubling your money as per your knowledge from the methods mentioned and can double the money by investing it.