Can I restart a PPF investment ?

POSTED BY 24adithya ON January 3, 2015 9:57 am COMMENTS (4)


I had taken a PPF 4 years ago and i have invested around 8,000 INR in it for the first 2 years and for the last 2 years i haven’t invested anything.

I have been following your forum and suggestions closely and i think i should invest regularly in PPF. I wanted to know if there is a way to close the current account or keep it as is and pay minimum to keep is alive and start a new PPF ?

My PPF is with SBI. Please suggest.



Thanks and Regards,


4 replies on this article “Can I restart a PPF investment ?”

  1. 24adithya says:

    Can i close the current PPF account and start a new one ?

    1. No you cant do that !

    2. Hemanth says:

      you cant close this as 15-year lockin is not over. As I said, please pay penalty and make it active and deposit min 500 every FY to keep it active.

  2. Hemanth says:

    A min. deposit of Rs.500 per FY should be there to have the PPF account active. As u have not deposited anything last 2 years, your account might have changed to inactive. Now, you have to make this active do further contributions. To make it active, they charge you around Rs.100 I think. So, after its active, you can use it. No need to open another PPF account. FYI…. it is illegal to have 2 PPF accounts.

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