State Bank of India currently offers a 7.1% annual interest rate on its PPF scheme for 2024-2025. If you wish to invest in this scheme of State Bank of India, you can invest online or offline.
The Public Provident Fund (PPF) is a risk-free, government-backed investment option offering secure returns. It provides the ...
Let’s take an investment example: If you pay Rs. 50,000 per year in the SBI PPF scheme, over a period of 15 years of investment, at a deemed interest rate of 7.1%, the aggregate amount invested would ...
As December 2024 approaches, it’s time to gear up and stay financially vigilant. This month brings several critical deadlines ...
However, many Indians, given their risk-averse nature, for long, preferred savings in bank deposits, government-backed schemes like public provident fund (PPF ... mark," according to the SBI report.
SBI has launched a couple of deposit schemes, 'SBI Patrons' and 'Har Ghar Lakhpati', offering attractive rates to their ...
SBI has launched a recurring deposit scheme enabling customers to build a Rs 1 lakh corpus with monthly deposits. The scheme ...
SBI and HDFC Bank have started 2024 by enhancing deposit rates. SBI offers super senior citizens new benefits while HDFC has revised bulk deposit rates. SBI also introduces goal-oriented products ...
Here we share the difference between interest rates offered by State Bank of India (SBI) and small finance banks across tenures. As the table above mentions, SBI offers 6.8 percent interest on one ...