PPF, NPS, Sukanya Samriddhi rules: What’s the minimum deposit to be made per financial year to avoid penalty or account freezing?

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Key Points

The deadline for minimum deposits for the current financial year is March 31, states an ET report...

According to the 2019 PPF rules, a minimum deposit of Rs 500 must be made in a PPF account every financial year..

To reactivate an inactive PPF account before maturity, the depositor must pay a default fee of Rs 50 for each defaulted year..

Failure to make the minimum deposit of Rs 250 in a financial year results in the SSY account being treated as defaulted..

According to NPS rules, individuals must deposit a minimum of Rs 1,000 per financial year into their accounts...

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