How to reactivate a PPF account

A Public Provident Fund (PPF) account holder is required to deposit a minimum of Rs 500 every financial year. Failure to deposit this amount leads to account being designated as inactive. Here is how one can reactivate his/her PPF account.

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Once the application is submitted, the bank or post office scrutinises the application with their records.
A Public Provident Fund (PPF) account allows individuals to invest up to Rs 1.5 lakh each year and also provides a tax deduction under Section 80C of the Income Tax Act. The account has a validity of 15 years and the account holder is supposed to deposit a minimum of Rs 500 every financial year.

Failure to deposit this amount leads to the account being designated as inactive. One can reactivate the account by following the below mentioned procedure.

  • Written application
For the revival of an inactive PPF account, the account holder needs to make a written request to the bank or the post office branch where the account is located. The application can be made any time during the 15 year period of the account.


  • Deposit
The investor will be required to deposit a minimum of Rs 500 for each financial year of the period when the account was inactive. The cheque needs to be submitted to the branch along with the application.

  • Penalty
To revive the account, the bank or post office charges a penalty of Rs 50 for each financial year in which the account was in an inactive state. The penalty needs to be deposited along with the payment of arrears.
Inactive PPF account? Follow this process to reactivate it
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In the fixed income space, the Public Provident Fund (PPF) is a popular investment avenue among investors. A PPF account allows individuals to invest up to Rs 1.5 lakh each year and also provides a tax deduction under Section 80C of the Income Tax Act. The account has a validity of 15 years and the account holder is supposed to deposit a minimum of Rs 500 every financial year.

In the fixed income space, the Public Provident Fund (PPF) is a popular investment avenue among investors. A PPF account allows individuals to invest up to Rs 1.5 lakh each year and also provides a t..
Read More

Failure to deposit the minimum amount of Rs 500 per financial year leads to the PPF account being designated 'inactive'. One can reactivate the account by following the steps mentioned below.

Failure to deposit the minimum amount of Rs 500 per financial year leads to the PPF account being designated 'inactive'. One can reactivate the account by following the steps mentioned below.

To revive the inactive PPF account, the account holder needs to submit a written request to the bank or the post office branch where the account is present. The application can be made any time during the 15 year tenure of the account.

To revive the inactive PPF account, the account holder needs to submit a written request to the bank or the post office branch where the account is present. The application can be made any time durin..
Read More

The investor or account holder will need to deposit a minimum of Rs 500 for each financial year of the period when the account was inactive. The cheque needs to be submitted to the branch along with the application.

The investor or account holder will need to deposit a minimum of Rs 500 for each financial year of the period when the account was inactive. The cheque needs to be submitted to the branch along with ..
Read More

To revive the account, the bank or post office charges a penalty of Rs 50 for each financial year in which the account was in an inactive state. The penalty needs to be deposited along with the payment of the above-mentioned arrears.

To revive the account, the bank or post office charges a penalty of Rs 50 for each financial year in which the account was in an inactive state. The penalty needs to be deposited along with the payme..
Read More

Once the application is submitted, the bank or post office scrutinises the application with their records. If the period of deposit (15 years) has elapsed, the account can't be revived. However, one can access the maturity proceeds by paying the penalty.

Once the application is submitted, the bank or post office scrutinises the application with their records. If the period of deposit (15 years) has elapsed, the account can't be revived. However, one ..
Read More
  • The amount in a PPF account continues to earn interest even while it is inactive.
  • One cannot avail a loan against an inactive PPF account.
The amount in a PPF account continues to earn interest even while it is inactive.One cannot avail a loan against an inactive PPF account.

  • Process
Once the application is submitted, the bank or post office scrutinises the application with their records. If the period of deposit (15 years) has elapsed, the account can't be revived. However, one can access the maturity proceeds by paying the penalty.

Point to note
  • The amount in a PPF account continues to earn interest even while it is inactive.
  • One cannot avail a loan against an inactive PPF account.
(Content on this page is courtesy Centre for Investment Education and Learning (CIEL). Contributions by Girija Gadre, Arti Bhargava and Labdhi Mehta.)
(Disclaimer: The opinions expressed in this column are that of the writer. The facts and opinions expressed here do not reflect the views of www.economictimes.com.)
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