POSTED BY April 3, 2014 8:37 pm COMMENTS (4)
ONHey i just applied for a PPF account in icici bank and i wanted to know what happens if i don’t have any money in my account and i skips that month’s ppf ?? will they charge me for that?? or should i just give them the missed month’s ppf along with my next months pf ???
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Read these 2 articles by Manish.
https://www.jagoinvestor.com/2009/08/why-to-open-ppf-account-even-if-you.html
https://www.jagoinvestor.com/2012/02/how-ppf-interest-is-calculated-video.html
Dear Jayadev, how about reading some articles on PPF published in main JI site by dear Manish?
Thanks
Ashal
You have to deposit at least Rs.500 in a financial year into your PPF account to have the PPF account active. Also you can only deposit 12 times into your PPF account in a financial year.
Regards,
Hemanth.
You are supposed to deposit minimum Rs. 500 in a financial year only.