SBI Bank offers a variety of programs to help investors save money. The rewards on investment for every citizen who deposits money in these schemes are substantial. The Public Provident Fund program also known as Special PPF Scheme 2025, which is offered by the State Bank of India as of February 2025, has an annual interest rate of 7.1%, which is fixed by the Indian government. The PPF account can be extended in 5-year increments after it matures, with a 15-year term. A minimum of Rs 500 SBI Monthly Deposit PPF Scheme 2025 and a maximum of ₹1.5 lakh can be contributed by investors each year. Deposits can be made in full or in up to 12 installments within a fiscal year. Rest information you will get in thai post so keep reading and become more updated.
Special PPF Scheme 2025
In SBI’s PPF account, hundreds of thousands of Indians have placed their money in a secure and dependable manner. In addition, income tax benefits are provided on savings made under the Public Provident Fund Scheme. Opening a PPF account is simple: simply visit the bank’s closest branch and complete the application. The Special PPF Scheme 2025 still provides you 7.1% of interest by State Bank Of India. With its alluring rewards and tax advantages, this government-sponsored savings scheme aims to promote long-term investing.
A minimum contribution of ₹500 is required to create a PPF account, and investors may contribute up to ₹1.5 lakh annually. You have the option of making deposits in full or in up to 12 installments over the course of the year. The program’s 15-year lifespan may be extended in 5-year increments as it develops.The SBI PPF scheme’s tax-exempt status under the Exempt-Exempt-Exempt category, which means that the amount invested, interest generated, and maturity funds are all tax-free, is one of its main benefits. Additionally, account holders have the flexibility to make partial withdrawals from the 7th year onwards and can avail loans against their PPF balance between the 3rd and 6th years.
SBI Special Public Provident Fund Scheme 2025
| About | SBI Special Public Provident Fund Scheme 2025 |
| Authority | State Bank Of India |
| Year | 2025 |
| Amount | Check Online |
| Eligibility | Eligible Indians |
| Category | Yojana |
| Official Website | www.sbi.co.in |
Rs 500 SBI Monthly Deposit PPF Scheme 2025
The Rs 500 SBI Monthly Deposit PPF Scheme 2025, a government-backed savings plan intended to promote long-term investment with tax advantages, is provided by the State Bank of India (SBI). Every fiscal year, a minimum deposit of ₹500 is needed to maintain the PPF account operational. You have the option of making deposits in full or in up to 12 installments over the course of the year. The PPF now has a yearly compound interest rate of 7.1%.
The yearly contribution for those who want to deposit ₹500 per month would be ₹6,000. In addition to guaranteeing the account stays active, this regular monthly investment also benefits from compound interest over the account’s 15-year term. The PPF plan is a desirable choice for those looking for a safe and tax-efficient savings avenue because of the tax-exempt status of both the invested money and the interest earned under Section 80C of the Income Tax Act.
Special PPF Scheme Eligibility Criteria 2025
To become member of this scheme you have to meet with numerous Special PPF Scheme Eligibility Criteria 2025:
- Anyone who lives in India is eligible to register a PPF account in their own name. There is no upper age limit to register a PPF account with SBI, and Hindu undivided families are not eligible to do so.
- You are not permitted to open this account in India if you are an NRI.
- If you are a parent then you may easily open a PPF account on behalf of your kid. Each youngster is only permitted to have one of these minor accounts.
Documents Required For Special PPF Scheme 2025
The following list of documents is required in order to open an SBI PPF account:
- Printed out the PPF Account opening form (Form 1), signed it, and uploaded passport-size pictures.
- Copies of self-attested identification documents, such as voter ID, driver’s license, PAN card, and Aadhaar card.
- Passport, Aadhaar card, electricity bill, etc. are examples of proof of address.
Special PPF Scheme Amount & Gross Total 2025
The following crucial elements should be taken into account when estimating the Special PPF Scheme Amount & Gross Total 2025:
- ₹500 is the minimum monthly deposit.
- If the monthly deposit is ₹500, the annual deposit is ₹6,000 (₹500 × 12 months).
- The current interest rate, compounded annually, is 7.1%.
- 15-year term (with the ability to extend in 5-year increments)
Estimated Special PPF Amount After Maturity Of 15 Years
The predicted maturity amount, depending on real interest rate variations, will be between ₹1,62,000 and ₹1,75,000 if you deposit ₹500 per month (₹6,000 annually) for 15 years at an interest rate of 7.1% annually.
FAQs On Special PPF Scheme 2025
You may easily open this account through an online or offline option.
500 rupee per fiscal year.
Every year, you will invest ₹6,000.
15 years, with 5-year extensions possible.
7.1% annually (subject to quarterly modification).
No, the government makes revisions to it every three months.