The SBI Special PPF Scheme 2025 aims to promote long term investments with high returns and tax advantages. This plan provides an opportunity for people to increase their wealth while taking advantage of tax benefits, with a fixed annual interest rate of 7.1%.
After it matures, the PPF account’s 15 year term can be extended in 5 year increments. Depositors may make annual investments of at least ₹500 and as much as ₹1.5 lakh in one lump sum or as many as 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 main advantages. According to Section 80C of the Income Tax Act, this indicates that the amount invested, the interest received, and the maturity amount are all tax-free.
The SBI Special PPF Scheme also provides the option to take partial withdrawals starting in the 7th year. PPF is a very flexible savings tool because account holders can also take out loans against their balance between the 3rd and 6th years.
2025 Special PPF Scheme Overview
| 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/ |
SBI Special Public Provident Fund Scheme 2025
The SBI Special PPF Scheme 2025 is one of the best long-term savings options available in India because it combines security, tax advantages, and consistent returns. For those looking for a low-risk investment with guaranteed returns, it is especially beneficial.
The demand of the Special PPF Scheme is increased by its feature to extend the tenure or make partial withdrawals, as well as the tax free nature that makes sure your savings will increase without any deductions.
Eligibility for SBI Special PPF Scheme 2025
- The SBI Special PPF Scheme 2025 is open to all Indian residents, and there is no upper age limit for opening a PPF account.
- However, Hindu Undivided Families and Non-Resident Indians (NRI)are not eligible to open a PPF account.
- Parents can open a PPF account on behalf of their minor children, but each child is allowed only one account.
- Individuals looking for more details regarding the Special Public Provident Fund Scheme 2025, can visit the official website of SBI.
Estimated Returns on The Special PPF Scheme 2025
Investors will make ₹6,000 a year if they deposit ₹500 per month into their PPF account. Depending on changes in interest rates, the estimated maturity amount after 15 years, with an annual interest rate of 7.1% compounded once a year, will range from ₹1,62,000 to ₹1,75,000.
The SBI Special PPF Scheme is an excellent option for individuals looking for long term financial growth because of its consistent return.
How to Open an SBI PPF Account
- People must go to the closest SBI branch and complete the PPF account opening form (Form 1) in order to open a PPF account with SBI.
- Passport size photos and proof of address documents, such as a voter ID, PAN card, Aadhaar card, or passport, must be submitted with the completed Form 1.
- These documents help in confirming your address and identity so that the SBI PPF account can be created easily.
FAQs
What is the minimum and maximum investment allowed in SBI PPF?
You can invest a minimum of ₹500 and a maximum of ₹1.5 lakh per year in SBI PPF.
Is the maturity amount in SBI Special PPF Scheme taxable?
No, the maturity amount is tax free under the Exempt-Exempt-Exempt (EEE) category.
When can partial withdrawals be made from the PPF account?
Starting in the 7th year, partial withdrawals from the PPF account are permitted.
Aarti, with 3 years of experience, specializes in writing content on government yojanas, finance, and current news. She creates informative articles that engage readers and simplify complex topics for better understanding.