In 2026, investors are again turning towards safe and guaranteed savings options, and the SBI PPF Scheme stands tall among them. Backed by the Government of India, this scheme helps individuals build long-term wealth with zero market risk. The PPF scheme from SBI provides tax advantages and fixed interest rates with simple online accessibility, making it a popular choice for people planning their retirement and future.
What Is SBI PPF Scheme?
The State Bank of India Public Provident Fund (PPF) is a long-term savings scheme with a 15-year maturity period. The system supports people to save money regularly while they build their financial assets. SBI allows users to create accounts through both online and offline methods, which makes it easy for both salaried workers and self-employed people to open accounts.
SBI PPF Interest Rate 2026
For FY 2025-26, the PPF interest rate is 7.1% per annum, compounded annually. The government reviews the rate every three months while it provides investors complete safety.
Investment Rules
You can begin an SBI PPF account with a minimum investment and then add more funds as your financial situation improves. The system lets users save money on a regular basis without putting them into a situation where they need to spend money.
Key Limits
- Minimum yearly deposit: ₹500
- Maximum yearly deposit: ₹1.5 lakh
- Deposit frequency: Once or up to 12 times in a year
- Account tenure: 15 years (extendable)
SBI PPF Scheme 2026 Overview
| Feature | Details |
|---|---|
| Interest Rate | 7.1% p.a. |
| Risk Level | Zero |
| Tax Benefit | EEE |
| Lock-in Period | 15 Years |
| Loan Facility | 3rd to 6th Year |
| Partial Withdrawal | After 7th Year |
| Account Mode | Online & Offline |
Tax Benefits Explained
SBI PPF falls under the EEE category which means:
- Investment qualifies under Section 80C
- Interest earned is fully tax-free
- Maturity amount is also tax-free
This makes PPF one of the most tax-efficient investment options in India.
Withdrawal & Loan Option
PPF functions as a long-term investment, yet it provides investors with more flexible terms. The system permits users to make partial withdrawals starting from the seventh year. People can use their third-year balance to obtain loans which help them during times of financial need.
Why SBI PPF Is Popular in 2026
SBI PPF is preferred due to government guarantee, stable returns, and easy digital management through YONO SBI. The investment option provides security to conservative investors who want to grow their wealth at a steady pace.
Who Should Invest?
This scheme is ideal for:
- Salaried employees
- Self-employed professionals
- Retirement planners
- Parents saving for children’s future
FAQs – SBI PPF Scheme 2026
Q1. What is the SBI PPF interest rate in 2026?
The current interest rate is 7.1% per annum, compounded yearly.
Q2. Is SBI PPF completely safe?
Yes, it is backed by the Government of India, making it 100% secure.
Q3. Can I open SBI PPF online?
Yes, you can open and manage your PPF account through YONO SBI or net banking.
Q4. Is SBI PPF better than FD?
PPF provides tax-free earnings together with long-term accumulation, which usually makes it more advantageous than fixed deposits for extended financial objectives.
Q5. Can I extend my PPF account after 15 years?
Yes, the account can be extended in blocks of 5 years.