You can become a 'Lakhpati' by saving just ₹20 a day; learn all about SBI's Lakhpati RD Scheme..

If you wish to build a substantial fund for the future by saving small amounts regularly, the State Bank of India (SBI) 'Har Ghar Lakhpati' scheme could be useful for you. It is specifically designed for individuals who want to save regularly without taking risks. Essentially, this scheme is a specialized version of SBI's Recurring Deposit (RD) plan, tailored for target-based savings.

The objective of this scheme is to help people accumulate a sum of ₹1 lakh or more by maturity through small monthly deposits. If you are looking to build a significant fund within a set timeframe through a safe investment, this scheme is an excellent option.

What is the ‘Har Ghar Lakhpati’ scheme?