The SBI Smart Champ plan is a child-specific savings plan offered by the State Bank of India. It offers a range of benefits that are designed to help secure your child's future.
Some key features of SBI Smart Champ plan are:
• Tax-efficient savings for your child: Through the SBI Smart Champ plan, you can save your hard-earned money with the tax-efficient benefits given by the government.
• High returns: The plan offers 8% p.a. returns with quarterly compounding, which can make your savings secure for your child's future.
• Attractive bonuses: The plan offers attractive bonuses such as the Education Scholarship, Maturity Benefit and Vacation Benefit, which can help you save for your child's future expenses.
• Flexible payment options: The plan also offers flexible payment options, such as monthly or yearly contributions. You can make one-time payments as well.
• Age-specific benefits: The plan offers age-specific benefits, such as the ‘Early Bird Benefit’, which can help secure your child's future expenses during various phases of life.
• Gift options: You can also get reward points and gifts when you make a contribution.
Overall, the SBI Smart Champ plan offers attractive benefits, such as long-term savings with high returns, age-specific benefits and attractive bonuses. Thus, it is an ideal plan to secure your child's future.
For more information about the SBI Smart Champ plan, you can visit https://www.sbismart.com/smart-champ
