PPF Balance Check: There is also a limit on the amount that can be deposited in a PPF account in a year. At the same time, a minimum investment of Rs 500 can be made in a PPF account in a financial year. Apart from this, a maximum investment of Rs 1.5 lakh can be made in a year.
PPF Login: There are many savings schemes going on in the country. At the same time, some savings schemes are being run by the government for the benefit of the people. Through these schemes, the government is making many schemes available to the people. Through these schemes, people are being encouraged by the government to save and invest. At the same time, there is also a scheme run by the government, Public Provident Fund i.e. PPF. Lakhs of rupees can also be invested in this scheme in a year.
You can invest so much,
while there is also a limit on the amount that can be deposited in a PPF account in a year. At the same time, a minimum investment of Rs 500 can be made in a PPF account in a financial year. Apart from this, a maximum investment of Rs 1.5 lakh can be made in a year.
The account will become inactive,
however, if the minimum amount of Rs 500 is not deposited in the PPF account in a financial year, then the money deposited in the PPF account of the people can be greatly affected. If you do not deposit the minimum amount in the Public Provident Fund in a financial year, then the account will become inactive.
Interest will be affected
To keep the PPF account active, it is necessary to deposit a minimum of Rs 500 in the account every financial year. On the other hand, if the account becomes inactive, interest will not be calculated for the years in which the account remains inactive. In such a situation, its effect is seen on the interest of the money deposited for years. Then the interest will be calculated only when the account is reactivated.
Can be activated again,
however, if the PPF account is inactive, then you will have to write an application and must submit the documents again. You will have to deposit some money and penalty for delay in your payment. The bank or post office will consider your request and after verification the account will be activated. If the account is deactivated, the account can be activated again by paying a fine of 50.
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