POSTED BY April 12, 2014 9:53 pm COMMENTS (4)
ONHi All,
To, keep the PPF account active, I have to invest Rs.500 into the PPF Account per year. Is it the financial year or 12 months from the previous investment into PPF Account ?
For example, I deposited Rs.500 in May,2013, so I have deposited for financial year 2013-14.
So, when I have to do the next deposit to keep the account active. Is it before May 2014, or can I deposit it even in February 2015, which comes under Financial year 2014-15.
Regards,
Hemanth.
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Dear Hemanth, from 1st April to 31st March, any day of your choice you can deposit this 500 Rs. in a given FY.
Thanks
Ashal
Thank you Ashal.
It is like, you have to deposit 500 in a given FY.
Thank you Viren