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PPF, Sukanya Samriddhi deposit, account extension rules eased: 10 points
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In view of the lockdown due to the coronavirus outbreak, the government has eased deposit rules for some small savings schemes including Public Provident Fund (PPF) and Sukanya Samriddhi scheme.
This is applicable for deposits that could not be made for FY 2019-20 due to lockdown. The subscribers of PPF, Sukanya Samriddhi accounts can however continue to make deposit for FY 2020-21 in the usual manner.
The subscriber of the PPF/ Sukanya Samriddhi accounts have to deposit the amount for FY 2019-20 and 2020-21 separately in their accounts.
The government has also eased account extension rules for PPF accounts that matured on March 31, 2020. Here are 10 things to know about new PPF, Sukanya Samriddhis rules: 1) To keep these accounts active
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