The Indian government supports the SBI Public Provident Fund (PPF) system, which is a safe and lucrative investing option. SBI PPF Scheme 2025 gives investors tax advantages while enabling them to gradually increase their money. Over the course of 15 years, a basic investment of Rs 500 each month can grow into a sizable sum. The plan’s 7.1% annual interest rate makes it a solid option for those seeking long-term growth and financial stability. This complete post is included with SBI PPF Scheme Eligibility Criteria 2025 and so on. Another benefit of this scheme is Deposit 90K & Get 24.40L which we have briefly discussed in this post.
SBI PPF Scheme 2025
A safe, long-term investing choice, the State Bank of India (SBI) Public Provident Fund (PPF) Scheme 2025 is supported by the government. It offers investors a competitive annual compound interest rate of 7.1%, guaranteeing consistent development. A minimum annual deposit of ₹500 is required to start a SBI PPF Scheme 2025, and the maximum investment amount is ₹1.5 lakh every fiscal year. You can choose to make contributions in full or in as many as 12 installments per year. The investor can withdraw the entire amount or prolong the term in 5-year blocks without making any more contributions after the scheme’s 15-year lock-in period. Partial withdrawals are allowed beginning in the seventh year, while loans against the PPF balance are available from the third to the sixth year.
The SBI PPF scheme’s tax-exempt status is one of its main benefits. PPF investments are fully tax-free, and both the interest generated and the maturity amount are deductible under Section 80C of the Income Tax Act. Because of this, it is a very alluring investment choice for people who want to accumulate wealth while saving money on taxes. The plan is also risk-free because it is supported by the Indian government, which makes it perfect for cautious investors. Customers may effortlessly check balances, make contributions, and monitor maturity data by using the YONO app and SBI Net Banking to manage their SBI PPF accounts online.
SBI Public Provident Fund Scheme 2025
| Benefit Name | SBI Public Provident Fund Scheme 2025 |
| Year | 2025 |
| Department | SBI |
| Government | Indian Government |
| Type Of Investment | Long Term |
| Minimum Deposits | Rs/-500 |
| Time Period | 15 years almost |
| Rate Of Interest | 7.1% |
| Official Portal | www.sbi.co.in |
| Category | Finance |
Deposit 90K & Get 24.40L : How To Get This Benefits
Compounding will cause your investment to increase greatly if you deposit ₹90,000 a year at an interest rate of 7.1% in an SBI PPF account. Your total contribution over 15 years will be ₹13,50,000 (₹90,000 x 15 years). The maturity amount, when compound interest is applied annually, will be around ₹24.40 lakh. The account can also be extended in 5-year increments to further boost your savings. Because of this, the SBI PPF scheme is a safe, long-term investment choice that offers tax advantages and assured returns.
Eligibility Criteria For SBI PPF Scheme 2025
Following is the SBI PPF Scheme Eligibility Criteria 2025 after qualifying through which you can make your discount.
- All Indian citizens are eligible to participate in the SBI Special PPF Scheme 2025, and there is no higher age restriction on PPF account opening.
- Although each underage child is only permitted one PPF account, parents can open an account on their behalf.
- People can visit SBI’s official website to learn more about the Special Public Provident Fund Scheme 2025.
Required Documents
The list of documents needed to open an SBI PPF account is as follows:
- Completed online passport-size photos
- Submit your signed copy of Form 1.
- All attested documents such as a copy of your Aadhaar Card, PAN card and so on.
- Address Proofs such as utility bills, ration cards, Aadhaar Card and so on.
How Apply Online SBI PPF Scheme 2025
You can Apply Online SBI PPF Scheme 2025 using these steps.
- Go to www.onlinesbi.com and enter your user ID and password to access SBI Net Banking.
- Make sure your PAN and Aadhaar are connected to your savings account.
- Click on “e-Services” and choose “New PPF Account”
- To transfer funds, pick your savings account.
- Fill out the application form with your nominee’s information, Aadhaar, and PAN.
- Verify the data and submit the form.
- A ₹500 minimum deposit is required, and it will be automatically deducted.
- You may get a One Time Password on your registered mobile number.
- Your PPF account number will be generated following a successful verification process.
- The PPF account details can be downloaded or printed for your records.
- Bring your KYC documents to the closest SBI branch for verification if necessary.
- As an alternative, go to “Investments” in the SBI YONO app and choose PPF Account.
- To open and activate your PPF account online, take the same actions.
- Use the YONO app or SBI Net Banking to check your balance, make deposits, and manage your PPF account.
FAQs On SBI PPF Scheme 2025
15 years is the locking period.
Yes, in five-year increments.
No, there are no taxes at all.
Yes, using the YONO app or SBI Net Banking.
No, only Indian residents are qualified.
Yes, nonpayment costs ₹50 a year.