big news sbi launches pension scheme Good news—State Bank of India (SBI) has launched a new retirement scheme starting August 2025, and it might be the perfect solution for you. With an investment of just ₹1 lakh, you could receive ₹44,000 every month after retirement. Sounds too good to be true? Let’s break it down.
The Financial Impact of SBI’s Retirement Plan (August 2025)
Imagine securing your golden years with just ₹1 lakh today and earning a guaranteed ₹44,000 every month starting from August 2025. Sounds unbelievable? But that’s exactly what the SBI Retirement Plan 2025 is offering a powerful way to transform a small investment into lifelong financial comfort.
| Year | Investment Amount | Monthly Pension | Total Pension Received (Yearly) | Additional Benefits | Tax Savings | Financial Security |
|---|---|---|---|---|---|---|
| 2025 | ₹1,00,000 | ₹44,000 | ₹5,28,000 | Yes | Applicable | High |
| 2026 | ₹0 | ₹44,000 | ₹5,28,000 | Yes | Applicable | High |
| 2027 | ₹0 | ₹44,000 | ₹5,28,000 | Yes | Applicable | High |
| 2028 | ₹0 | ₹44,000 | ₹5,28,000 | Yes | Applicable | High |
| 2029 | ₹0 | ₹44,000 | ₹5,28,000 | Yes | Applicable | High |
| 2030 | ₹0 | ₹44,000 | ₹5,28,000 | Yes | Applicable | High |
| 2031 | ₹0 | ₹44,000 | ₹5,28,000 | Yes | Applicable | High |
| 2032 | ₹0 | ₹44,000 | ₹5,28,000 | Yes | Applicable | High |
SBI Retirement Scheme Documents You’ll Need
- ID proof (Aadhaar, PAN, passport)
- Address proof (utility bill, ration card)
- Bank account details
- Passport-sized photo
- Nominee details
How to Invest in SBI’s Retirement Scheme
- Getting started is simple. Just follow these steps:
- Visit your nearest SBI branch – No online option yet, so an in-person visit is needed.
- Submit required documents – PAN card, Aadhaar, address proof, and bank details.
- Deposit ₹1 lakh – The minimum investment to unlock the benefits.
- Sign the agreement – Review terms and confirm your participation.
- Start receiving ₹44,000/month – Enjoy financial security post-retirement.
FAQs About SBI’s Retirement Scheme
Can I withdraw money early?
Yes, but there may be a small penalty fee.
How long does the scheme last?
The term ranges from 10 to 20 years, but you can adjust it based on your needs.