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Public provident fund

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(Querist)
27 November 2013 Sir, What is the procedure of opening a PPF A/c and what is the minimum limit of depositing amount and it is compulsory to deposit every month fixed amount. Thanks in Advance.
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Manish Bhandari

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Manish Bhandari (Expert)
28 November 2013 You can open in any nationalised or even private bank PPF A/c There is no compulsion for every month deposit but yes in a calender minimum 500 has to be deposited to keep the account active. The current limit in a year is 100,000. Which you can deposit in one go or multiple deposits.
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