SBI PPF Scheme: A Safe Way to Earn Big Returns in Lakhs with Small Investments of Rs 2500/- 

Investing in the SBI Public Provident Fund (PPF) scheme can help you secure significant returns over time. By depositing as little as Rs. 2500 per month (or Rs. 30,000 annually), you can earn up to Rs. 8,13,642 in 15 years. Those who increase their monthly investment to Rs. 10,000 (Rs. 1.2 lakh annually) can accumulate a total maturity amount of Rs. 32,54,567.

Key Features of SBI PPF Scheme

• Interest Rate: Currently offering 7.1% annually for 2024-2025.

• Investment Range: Deposit between Rs. 500 to Rs. 1.5 lakh per year.

• Tax Benefits: Deposits are tax-exempt under Section 80C of the Income Tax Act.

Illustration of Returns

Monthly Investment: Rs. 2500 

• Total Investment (15 years): Rs. 4,50,000

• Total Maturity Amount: Rs. 8,13,642 (Profit: Rs. 3,63,642)

Monthly Investment: Rs. 10,000 

• Total Investment (15 years): Rs. 18,00,000

• Total Maturity Amount: Rs. 32,54,567

Eligibility

• Open to individuals 18 years and older.

• Parents can invest on behalf of children aged 10 and above.

Maturity & Extension

The PPF account matures after 15 years but can be extended in blocks of 5 years.

How to Open a PPF Account

Visit your nearest SBI branch to open a PPF account. Deposits can then be made annually or monthly to suit your financial planning.

For those seeking a secure investment option with tax benefits and attractive returns, the SBI PPF scheme is an excellent choice.