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HomePersonal FinancePPF, SSY, NPS Account Update: Complete this work before this date, otherwise...

PPF, SSY, NPS Account Update: Complete this work before this date, otherwise your account will be frozen.

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PPF, NPS and SSY Scheme Investor: If you have also invested money in schemes like PPF, NPS and SSY, then definitely complete one of your work in the next 5 days. Invest in these before 31st March. It is necessary to invest money in these accounts at least once a year.

PPF, NPS and SSY Scheme Investor: If you have also invested money in schemes like PPF, NPS and SSY, then definitely complete one of your work in the next 5 days. Invest in these before 31st March. It is necessary to invest money in these accounts at least once a year. If you do not do this then these accounts will be frozen. To reactivate these accounts, you will have to invest money and also pay charges.

Pay the installment of these three schemes in 5 days

Have invested money in PPF, NPS and Sukanya Samriddhi Yojana. So till March 31, 2024, invest whatever amount you want in these. Investors in Public Provident Fund (PPF), Sukanya Samriddhi Yojana (SSY) and National Pension System (NPS) have to deposit a minimum amount in their account every financial year. This has to be done every financial year, so that the account remains active. If you do not deposit the minimum amount your account will be frozen.

PPF rules

Public Provident Fund (PPF) or PPF is a long-term investment scheme in India. A minimum of Rs 500 and a maximum of Rs 1.5 lakh can be deposited annually in PPF. The interest rate on PPF is decided by the government and currently the interest rate on it is 7.1 percent per annum. PPF has a lock-in period of 15 years. This means that the investor cannot withdraw money from it for 15 years.

Rules of Sukanya Samriddhi Yojana

Sukanya Samriddhi Yojana is an important step of the Government of India to secure the future of daughters. This scheme is an important means of promoting financial security and their education, and it also works as an investment. The government is currently giving 8.2 percent interest on it. You deposit money in it for 14 years and can withdraw money after completion of 21 years of investment.

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Sunil Kumar
Sunil Kumar
Sunil Sharma has 3 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done B.Com in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @sunil.izone@gmail.com
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