If you are looking for a simple and safe investment option that starts with just ₹250 per month, then SBI’s Jan Nivesh Scheme could be a great choice for you. But what exactly is this scheme, how does it work, and what are its benefits? Let’s understand SBI ₹250 Jan Nivesh Scheme in detail!
What is SBI Jan Nivesh Scheme?
SBI’s Jan Nivesh Scheme is an investment plan where you can start with as little as ₹250 per month and build a solid financial corpus for the future. This scheme is specially designed for individuals who want to accumulate wealth through small savings without taking major financial risks.
According to SBI, this is a systematic investment plan that helps people develop a habit of disciplined investing and generate long-term wealth.
Key Features of Jan Nivesh Scheme
✔ Minimum Investment: Start with just ₹250 per month.
✔ Flexible Duration: Choose your investment tenure for 5 years or more.
✔ Guaranteed Returns: Safe and stable returns with SBI’s trusted financial system.
✔ Tax Benefits: Potential tax savings under certain conditions.
✔ Withdrawal Facility: Partial withdrawals allowed after a certain period (terms & conditions apply).
✔ Low-Risk Investment: Best suited for those looking for safe investments without stock market risks.
What is the Purpose of SBI Jan Nivesh Scheme?
The main aim of this scheme is to develop a habit of saving and provide financial security to individuals. If you are a salaried professional or a low-income investor, you can start saving with just ₹250 per month and build a substantial fund over time.
SBI states that the purpose of this scheme is to empower individuals with financial independence through small, systematic savings, without any major financial burden.
How Does SBI Jan Nivesh Scheme Work?
If you wish to invest in this scheme, you need to open an account with SBI. Here’s how it works:
Decide Your Monthly Contribution – Start with a minimum of ₹250 and increase the amount as per your preference.
Activate Auto-Debit Option – Ensure timely investment every month without any hassle.
Calculate Your Maturity Amount – The longer you invest, the higher your maturity amount.
Earn Returns – Receive fixed or assured returns based on the scheme’s terms.
Benefits of SBI Jan Nivesh Scheme
Stress-Free Savings – Since it starts with just ₹250, anyone can invest, regardless of income level.
Best for Children’s Education & Future Planning – The invested amount can be used for children’s education, higher studies, or any major financial goal.
Safe & Secure Investment – This scheme is backed by SBI, ensuring capital protection and stable returns.
Big Benefits from Small Savings – If you invest ₹250 consistently, you can build a substantial corpus over the long term.
Tax Benefits – Certain conditions allow for income tax deductions, making this a tax-efficient option.
Partial Withdrawal Facility – If needed, you can withdraw some amount based on the scheme’s terms.
Encourages Financial Discipline – Regular savings help you develop strong financial habits over time.
Also Read: SBI Life To Reduce Premium Rates On Term Plans
Who Should Invest in SBI Jan Nivesh Scheme?
👉 Salaried Employees: Who want to save a small portion of their salary without financial strain.
👉 Self-Employed Individuals: Who want to set aside a part of their business income for future security.
👉 Students & Young Investors: Who have a limited budget but want to start saving early.
👉 Retired Individuals: Who want to earn safe and steady returns on their savings.
How to Apply for SBI Jan Nivesh Scheme?
If you’re interested in this scheme, you can easily apply for it by visiting an SBI bank branch or applying online through SBI’s official website.
Offline Process:
Visit your nearest SBI branch.
Fill out the Jan Nivesh Scheme application form and submit the required documents.
Make the initial deposit (minimum ₹250).
Once verified, your investment plan will be activated.
Online Process:
Go to SBI’s official website or use the SBI YONO app.
Select the option for “Jan Nivesh Scheme”.
Complete online KYC and link your bank account.
Set up monthly auto-debit payments and start investing.
Common Questions About SBI Jan Nivesh Scheme (FAQs)
Can I invest more than ₹250 per month?
Yes, you can increase your monthly investment as per your financial capacity.
Is this scheme risk-free?
Yes, this is a safe investment plan that provides guaranteed returns.
Will I get a fixed maturity amount?
Yes, depending on the scheme’s terms, you will receive a pre-decided maturity amount.
Can I withdraw money before the maturity period?
Yes, partial withdrawals are allowed after a specific period (as per terms & conditions).
Are there any tax benefits?
Yes, under certain conditions, you may be eligible for tax deductions.
Final Verdict – Is SBI Jan Nivesh Scheme Right for You?
If you are looking for a safe, secure, and affordable investment option that starts with just ₹250 per month, then SBI Jan Nivesh Scheme is an excellent choice.
Pros:
✔ Start investing with just ₹250 per month
✔ Guaranteed & safe returns
✔ Best for long-term savings
✔ Trusted by SBI for financial security
Cons:
Fixed returns, so it won’t provide high growth like stock market investments
Limited liquidity (withdrawals are restricted as per the scheme’s rules)
If you want to start small but build a significant financial corpus, the SBI Jan Nivesh Scheme is a trusted and excellent investment option!
Would you consider investing in this scheme? Share your thoughts in the comments!
