Public Provident Fund Scheme (PPF)


  • The Public Provident Fund Scheme is a  long-term, Government backed Small Savings Scheme for the general public with tax benefit.


  • A PPF account can be opened by following persons :
  • An individual (salaried or non-salaried) on his/her own behalf.
  • An individual person on behalf of a minor of whom he/she is the guardian.
  • Non Resident Indians are Not Eligible to open an account under PPF Scheme.


  • Minimum Deposit: Rs. 500/- per annum in integral multiples of Rs. 5/-
  • Maximum Deposit: Rs. 1,50,000/- per annum (In one whole financial year).
  • The amount can be deposited In one Lump sum for the whole financial year or in convenient installments not exceeding twelve (12) in a year.


  • Minimum Duration of PPF investment is of 15 years.
  • The account holder can extend the PPF account for a further block of 5 years on the expiry of 15 years from the end of the year in which the initial subscription was made


The major benefits of PPF investments to the Account holders are :

  • High and assured returns.
  • 100% guaranteed by Government of India.
  • Tax rebate while investing.
  • Tax-free returns.

NOTE: please visit for latest instructions/ modification in the scheme.