SBI Special PPF Scheme- The SBI Special PPF Scheme 2025 seeks to promote long-term investments with substantial yields and tax benefits. This plan allows customers to develop their wealth while benefiting from tax breaks, with a fixed yearly interest rate of 7.1%. After maturity, the PPF account’s 15-year tenure can be extended in 5-year increments. Depositors can make annual contributions of ₹500 to ₹1.5 lakh in one lump sum or 12 installments.
SBI Special PPF Scheme 2025
The Special PPF Scheme 2025’s tax-exempt status under the Exempt-Exempt-Exempt (EEE) category is one of its primary benefits. Section 80C of the Income Tax Act states that the amount invested, interest earned, and maturity amount are all tax-free. The SBI Special PPF Scheme also allows partial withdrawals beginning in the seventh year. PPF is an extremely versatile savings strategy because account holders can borrow against their balance between the third and sixth years.
SBI Special PPF Scheme 2025 Details
| Organization | State Bank of India |
| Name of Scheme | SBI Special Public Provident Fund Scheme 2025 |
| Interest Rate | 7.1% per annum |
| Investment Amount | Min: ₹500, Max: ₹1.5 lakh per year |
| Tenure | 15 years, extendable in 5 years |
| Category | Schemes |
| Official Website | https://sbi.co.in/ |
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SBI Special Public Provident Fund Scheme 2025
The SBI Special PPF Scheme 2025 is one of the greatest long-term savings alternatives in India since it provides security, tax benefits, and steady returns. It is particularly advantageous to people seeking a low-risk investment with assured profits. The demand for the Special PPF Scheme is increased by its ability to extend the term or make partial withdrawals, as well as its tax-free nature, which ensures that your investments grow without deductions.
Eligibility for SBI Special PPF Scheme 2025
- The SBI Special PPF Scheme 2025 is open to all Indian residents, and there is no maximum age to register a PPF account.
- However, Hindu Undivided Families and Non-Resident Indians (NRIs) are not eligible to register PPF accounts.
- Parents can open PPF accounts for their young children, but each child is only allowed one account.
- Individuals looking for additional information on the Special Public Provident Fund Scheme 2025 should visit SBI’s official website.
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Estimated Returns
Investors can earn ₹6,000 per year by depositing ₹500 per month into their PPF account. The predicted maturity amount after 15 years, with an annual interest rate of 7.1% compounded once a year, ranges from ₹1,62,000 to ₹1,75,000. The SBI Special PPF Scheme is a fantastic choice for consumers seeking long-term financial success because to its constant return.
How to Open an SBI PPF Account?
- To open a PPF account with SBI, people must visit their nearest SBI bank and fill out the PPF account opening form (Form 1).
- Passport-sized pictures and proof of address documentation, such as a voter ID, PAN card, Aadhaar card, or passport, must accompany the completed Form 1.
- These documents assist in proving your residence and identity, allowing you to effortlessly open an SBI PPF account.
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Final Words
The SBI Special PPF Scheme 2025 offers a secure, tax-free investment opportunity with a fixed interest rate of 7.1% per annum. Its flexible deposit options, tax exemptions under Section 80C, and the ability to extend the tenure or make partial withdrawals make it a great long-term savings tool. Ideal for risk-averse investors, this scheme ensures steady growth while providing financial flexibility. For more details, visit the official SBI website.
SBI Special PPF Scheme FAQ’S
What is Interest Rate of SBI Special PPF Scheme 2025?
The interest rate is 7.1% per annum, compounded annually.
Can I Withdraw Funds from My PPF Account?
Yes, partial withdrawals are allowed from the 7th year onwards.
What is Maximum Investment Allowed in SBI Special PPF Scheme?
You can invest up to ₹1.5 lakh per year.
Who is Eligible to Open An SBI PPF Account?
Indian residents are eligible, but NRIs and HUFs cannot open an account.