I have opened account in the year 2006. Due to change in the job, I am not able to deposit any amount. So now it is 3 years, I have not deposited any money. How much amount I need to deposit If I want to continue ppf account?
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I have opened account in the year 2006. Due to change in the job, I am not able to deposit any amount. So now it is 3 years, I have not deposited any money. How much amount I need to deposit If I want to continue ppf account?
You have to pay fine of Rs. 100/- and Rs. 50/- per year. So 100+100 = 200.
It is possible to revive the PPF by contributing Rs 500 with a penalty of Rs 50 per year. Just to keep in mind, that the above fee does not attract any rebate (or interest).