Act Now! PPF, Sukanya Samriddhi, NPS Accounts At Risk If Minimum Deposit Missed
Act Now! PPF, Sukanya Samriddhi, NPS Accounts At Risk If Minimum Deposit Missed
- •Deposit minimum amounts in PPF, NPS, and Sukanya Samriddhi Yojana accounts by March 31, 2026.
- •Failure to deposit the minimum required amount can lead to account inactivation or forfeiture.
- •PPF requires an annual minimum of Rs 500, Sukanya Samriddhi Rs 250, and NPS Tier-I Rs 1,000.
- •Reactivation incurs penalties: Rs 50 per default year for PPF/SSY, and Rs 100 for NPS.
- •Ensure deposits to keep accounts active and avail tax benefits under Section 80C and additional NPS deductions.