Turn Small Savings Into A Lakhpati Dream
PFL Lakhpati Scheme helps middle-income families build wealth systematically. Deposit a small amount every month and watch it grow into a guaranteed lakh — no market risk, only compounding certainty.
A Scheme Built For Real People
Six honest reasons why thousands trust PFL Lakhpati for their long-term goals.
Guaranteed Returns
Fixed interest rate locked at enrolment — no market volatility, ever.
Small Monthly Deposits
Start with just ₹500/month. Perfect for salaried and self-employed families.
Flexible Tenure
Pick anywhere from 3 to 10 years based on your target and cashflow.
Tax Benefits
Eligible for deduction under Section 80C on qualifying deposits.
Loan Against Deposit
Borrow up to 80% of accumulated balance without breaking the scheme.
Auto-Debit Convenience
Standing instruction on your bank — never miss a deposit again.
Four Simple Steps To Your First Lakh
Choose Your Goal
Decide the target amount and tenure. Use our calculator to see monthly deposit needed.
Complete KYC
Submit ID, address proof, and income documents — fully digital, 15-minute process.
Set Auto-Debit
Link your savings account. Deposits are pulled automatically on your chosen date.
Receive Maturity
On maturity, the full guaranteed amount lands in your account — celebrate your lakh!
Watch ₹500 Become ₹1 Lakh
Discipline plus compounding creates real wealth. See how consistent monthly deposits grow over popular tenures.
- ₹500 × 120 months (10 yrs)₹1,00,240
- ₹1,000 × 72 months (6 yrs)₹1,02,150
- ₹1,500 × 54 months (4.5 yrs)₹1,04,800
- ₹2,500 × 36 months (3 yrs)₹1,02,900
What Will Your Lakh Buy?
Every rupee saved has a purpose. Here's how families use their maturity amount.
Child's Education
School admission or tuition top-up
Family Wedding
Contribute meaningfully without loans
Home Down Payment
Build your housing loan deposit
Vehicle Purchase
Two-wheeler cash purchase, no EMIs
Family Vacation
The trip everyone deserves once
Emergency Fund
Medical & unexpected life events
Business Capital
Seed capital for a small venture
Retirement Boost
Add to your golden years cushion
Three Ways To Reach A Lakh
- Tenure: 120 months
- Interest: 8.25% p.a.
- Total Deposited: ₹60,000
- Maturity: ₹1,00,240
- Loan facility: after 24 months
- Tenure: 72 months
- Interest: 8.50% p.a.
- Total Deposited: ₹72,000
- Maturity: ₹1,02,150
- Loan facility: after 12 months
- Tenure: 36 months
- Interest: 8.75% p.a.
- Total Deposited: ₹90,000
- Maturity: ₹1,02,900
- Loan facility: after 6 months
Every Small Detail Working For You
Miss-A-Month Grace
Up to 2 missed deposits per year without penalty or plan disruption.
Top-Up Anytime
Bonus deposits allowed on festivals and bonuses — reach maturity faster.
Nomination Facility
Add up to 3 nominees. Simple, secure family protection built in.
Digital Passbook
Live balance, interest accrual, and maturity tracker on our mobile app.
"I started with just ₹1,000 a month when my daughter was 6. Six years later, PFL handed me a cheque of ₹1,02,150 — exactly when we needed her school admission fees. It felt like magic, but it was just consistency."— MEENA SHARMA, HOMEMAKER, PUNE
Eligibility & Documents
Who Can Apply
- Indian resident aged 18 to 65 years
- Minor account with guardian (age 10+)
- Salaried, self-employed, or homemaker
- Active savings account for auto-debit
- Valid mobile number and email ID
- Joint account with spouse allowed
Documents Needed
- PAN Card (mandatory)
- Aadhaar Card for KYC
- Passport-size photograph
- Bank statement (last 3 months)
- Cancelled cheque for ECS mandate
- Nominee ID proof (optional)
Everything You Wanted To Ask
Can I withdraw before maturity?
Yes, premature withdrawal is allowed after 12 months but attracts a 1% interest reduction. Loan facility is a better alternative to keep the plan intact.
What happens if I miss a monthly deposit?
You get 2 missed months per year without penalty. Beyond that, a nominal ₹50 late fee applies and the missed amount is added to the next deposit.
Is the interest rate locked at the time of joining?
Yes — the rate confirmed on your enrolment date stays fixed till maturity, regardless of any RBI or market rate changes.
Can I increase my monthly deposit later?
You can add top-up deposits anytime. Changing the base monthly amount requires closing the current plan and starting a new one at prevailing rates.
How is the maturity amount taxed?
Interest earned is taxable per your slab. TDS is deducted if interest exceeds ₹40,000 in a financial year (₹50,000 for senior citizens).
Can NRIs open a Lakhpati account?
Yes, NRIs can open on a repatriable or non-repatriable basis using NRE/NRO accounts, subject to FEMA guidelines.
Start Today
Your First Lakh Is One Deposit Away
Speak with a Lakhpati advisor for a personalised plan, eligibility review, and same-day enrolment assistance.