SBI PPF: मात्र ₹80,000 में 55 लाख का लाभ
Apply Online for SBI PPF Scheme Today
The State Bank of India (SBI) is one of the best banks in India, offering not just savings accounts but also a range of other services to its customers. One standout offering is SBI’s Public Provident Fund (PPF) scheme, an excellent investment option. By investing in this scheme, you can secure substantial returns while ensuring a safe and reliable way to grow your savings.
If you are concerned about your children’s future and want to invest to secure a better tomorrow, this article can be highly beneficial for you. Here, we will provide a brief overview of the SBI PPF Scheme, helping you understand how it can contribute to a secure financial future.
Key Features of the Scheme
First of all, let us inform you that SBI’s PPF scheme is available for a tenure of 15 years, offering the benefit of compound interest on your investment. This scheme is an ideal option for individuals looking for a safe and reliable investment without any risk, ensuring steady and secure returns.
Minimum and Maximum Investment
- The minimum investment amount is ₹500.
- the maximum investment limit is ₹1.50 lakh per year.
Interest Rate
- The scheme offers an annual interest rate of 7.10%.
- Investors benefit from compounding, providing long-term financial gains.
- The interest earned on PPF is tax-free.
- The investment amount and maturity proceeds are also tax-free.
How to Get a Return of ₹55 Lakhs on an Investment of ₹80,000
If you’re wondering how an investment of just ₹80,000 in the SBI PPF scheme can yield a return of ₹55 lakhs, here’s how it works: If you invest ₹6,666 every month in your PPF account and continue this for the next 15 years, you will earn a profit of ₹1,200,000. Additionally, the benefits of compounding and the maturity amount further increase your total returns to ₹55 lakhs.
If you want to invest in the SBI PPF scheme, there are two options available.
Online Process
- Log in to your SBI net banking or mobile banking app.
- Click on the “Open New PPF Account” option.
- Fill in the required details and make the payment.
- Visit the nearest SBI branch.
- Fill out the application form and submit the required documents.
- Make the initial investment via cash or cheque.
This scheme is an excellent option for individuals looking to set long-term financial goals. Additionally, it allows you to earn good returns by investing in government-backed schemes with no risk involved. If you wish to invest in this scheme, contact your nearest bank branch for more details.
Disclaimer
This content is for general informational purposes only and should not be considered a substitute for professional advice. For personalized advice or specific information, please consult an expert. This channel does not take responsibility for the accuracy of this information or its outcomes.
