SBI investment schemes: State Bank of India (SBI), the country’s largest government bank, brings many great investment schemes for its customers, which not only keep your money safe but also give good returns. If you also want to earn more profit with less risk, then these top schemes of SBI can prove beneficial for you. Let us know about those popular schemes of SBI, by investing in which you can make your future financially strong.

1. SBI Fixed Deposit (SBI investment schemes)

SBI’s fixed deposit scheme is still considered the most reliable investment option. In this, the investor gets guaranteed returns after the stipulated time. The tenure of FD ranges from 7 days to 10 years. Senior citizens get the benefit of additional interest, which increases their earnings.

2. SBI Mutual Fund

If you expect high returns, then SBI Mutual Fund can be the best option for you. You can invest as per your risk profile through equity, debt and hybrid funds. By investing small amounts through SIP, a big fund can be created in the long run.

3. SBI Public Provident Fund (PPF Scheme)

PPF scheme provides an opportunity for excellent returns along with saving tax. It has a lock-in period of 15 years and the interest is tax free. This is a great plan for those looking for a safe investment for the long term.

4. SBI Savings Account and RD Scheme

SBI’s savings account and recurring deposit (RD) scheme are also better options. Through RD, a large amount can be generated by saving small amount every month. In this also fixed interest is available and the risk is very less.

5. SBI Life Insurance Plan

SBI Life’s endowment and ULIP plans offer investment benefits along with security. This plan can prove to be a good means for financial security in future.

If you want good returns with safe investment, then these schemes of SBI can become the best choice for you. You can make your future golden by investing in FD, mutual funds, PPF and insurance schemes. Before investing, it is very important to choose the right plan as per your need and risk profile.