State Bank of India (SBI) has introduced an attractive Child Investment Plan for 2025, allowing parents to secure their child’s future with disciplined savings. By depositing ₹6,000 monthly, investors can potentially grow their corpus to ₹4.25 lakh in five years. This plan combines disciplined investment with guaranteed growth, making it ideal for parents looking for secure financial planning for their children’s education, health, or other future expenses.
Overview of SBI Child Investment Plan
The SBI Child Investment Plan is a recurring deposit-based scheme designed to help parents accumulate a significant corpus over a medium-term period. By making regular monthly contributions, investors benefit from compounded growth while ensuring that funds are available when needed. The plan emphasizes safety, disciplined savings, and predictable returns.
How the Plan Works
Parents or guardians can open the plan with an initial deposit and a fixed monthly contribution of ₹6,000. The deposit earns interest at a fixed rate, compounded monthly. At the end of five years, the accumulated corpus, including principal and interest, can be withdrawn or reinvested, providing flexibility for future financial needs.
SBI Child Investment Plan – 5-Year Growth
| Monthly Deposit | Tenure | Interest Rate (Approx.) | Estimated Maturity Amount |
|---|---|---|---|
| ₹6,000 | 5 Years | 6.5% – 7% | ₹4,25,000 |
Eligibility and Application Process
The plan is available to Indian residents who are parents or legal guardians of a child. Applicants must provide valid identification, proof of residence, and details of the child. The plan can be opened online through SBI’s net banking portal or offline at any SBI branch. Monthly deposits can be automated through standing instructions from linked bank accounts.
Benefits of the SBI Child Investment Plan
The plan provides a disciplined way to save, offering predictable and secure growth over the investment period. It ensures that parents can accumulate a substantial corpus without taking investment risks. The plan also allows flexibility in withdrawal or reinvestment, making it suitable for future education, healthcare, or other child-related expenses.
Conclusion: The SBI Child Investment Plan 2025 is an effective way for parents to plan for their child’s future. By depositing ₹6,000 monthly, investors can grow a secure corpus of ₹4.25 lakh over five years. This plan combines safety, predictable returns, and disciplined investment, providing a reliable financial foundation for children.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Investors should verify interest rates, plan terms, and eligibility through official SBI channels before investing. Returns are estimated and subject to applicable banking policies.
