The State Bank of India (SBI) has introduced a unique savings plan in 2025 that is gaining huge attention—called the SBI Lakhpati Scheme. With this scheme, ordinary savers can deposit just ₹1,500 per month and build a guaranteed corpus of ₹1 lakh, making it a perfect option for middle-class families, salaried employees, and small business owners looking for safe and assured returns.
What is SBI Lakhpati Scheme 2025?
The SBI Lakhpati Scheme is a special recurring deposit (RD) plan designed to help people save small amounts regularly and achieve the milestone of becoming a Lakhpati. It is completely risk-free and backed by SBI, India’s largest government bank.
Unlike stock markets or mutual funds, this scheme guarantees returns and comes with flexible tenures, making it suitable for all income groups.
Key Features of SBI Lakhpati Scheme
- Monthly Deposit: Starting from ₹1,500
- Maturity Value: Around ₹1,00,000 (depending on tenure and interest rate)
- Tenure Options: 5 years to 10 years
- Interest Rate: 6.5% – 7.1% p.a. (as per SBI RD rates in 2025)
- Safety: 100% government-backed, no market risk
- Premature Withdrawal: Available with minimal penalty
- Loan Facility: Loans can be availed against the RD balance
How ₹1,500 Monthly Becomes ₹1 Lakh
If you deposit ₹1,500 every month, the money grows steadily with compound interest. For example:
- Over 5 years, the maturity amount comes close to ₹1 lakh, including interest.
- Longer tenures (7–10 years) can generate even higher returns.
This makes it a disciplined savings tool for anyone who wants to achieve financial stability with small, regular contributions.
Who Should Invest in This Scheme?
The SBI Lakhpati Scheme is ideal for:
- Salaried professionals who want a safe wealth-building plan
- Parents saving for children’s future expenses
- Small business owners seeking guaranteed returns
- Homemakers & retirees looking for secure savings
How to Open SBI Lakhpati Scheme Account
Opening this account is simple and hassle-free:
- Visit your nearest SBI branch or use the SBI YONO app.
- Select the Recurring Deposit (RD) option.
- Enter your monthly installment (₹1,500 or higher) and tenure.
- Complete KYC formalities (Aadhaar, PAN, address proof).
- Start your savings journey with auto-debit from your bank account.
Benefits of SBI Lakhpati Scheme 2025
- Government-backed safety & reliability
- Small deposits create big wealth over time
- Flexible investment tenure
- Loan against deposit available during emergencies
- Promotes financial discipline through monthly savings
Final Verdict
The SBI Lakhpati Scheme 2025 is one of the best small savings plans available in India. By investing just ₹1,500 per month, you can achieve the dream of becoming a Lakhpati in a safe, simple, and smart way. With guaranteed returns, flexible tenures, and SBI’s trust, this scheme is a must-consider option for every small saver in 2025.