If you do not fill at least 500 rupees in a financial year, then your account will be deactivated . In this case, if your account is closed and you want to activate it again. So know its complete process:
First of all, where is your PPF account. In post office or bank, application has to be made in writing there. You can apply this application from the time of opening of account till 15 years.
Till the time your account was not active, you would have to deposit Rs 500 in a financial year. You have to deposit the money in bank or post office by check.
Banks or post offices also charge a penalty of Rs 50 to get their account revived. Whatever your outstanding balance is, you will have to pay a penalty along with filling it.
After submitting the application, the bank or post office checks your application. If the deposit period is over 15 years, then this account cannot be activated again. On the other hand, if 15 years have not been completed, then it can be activated after paying the penalty.
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