The Public Provident Fund or PPF is one of the most popular investments in India. The Fund has crores of subscribers and is extremely popular across all sections and asset classes in India.

The Maximum Amount One Can Invest in PPF

The Minimum Amount Individuals Can Invest in PPF

An individual has to invest a minimum sum of Rs 500 each year in the PPF. This is the mandatory requirement as per rules governing PPF.

What Are the Penalties For Not Depositing The Minimum Amount in PPF

A penalty of Rs. 50 is levied if an individual fail to deposit a sum of Rs 500 during the financial year. This means that if you have defaulted for depositing the amount for two financial years then you must be ready to pay a total fine of Rs 100 for two years. If it is a default for three years, then the amount payable is Rs 150 and so on and so forth.

So, if you have forgotten to deposit an amount you better pay the charges and then regularise your account.

What About Domestic Indians Who Have Turned NRIs?

If you were a domestic Indian who opened a account and then turned a NRI, chances are you may not be able to deposit the money from abroad. So, you too can pay the charges and continue your PPF account. It's important to remember that NRIs can continue an old account, they had opened before turning NRIs, but are not allowed to open fresh account.

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