PPF and SSA subscribers may now deposit their savings up to June 30.
The Finance Ministry has released norms for deposit in Public Provident Fund (PPF) Sukanya Samriddhi Account (SSA) and Recurring Deposits (RD) of Post offices.
Accordingly, it has been decided that the subscribers of PPF and SSA may now deposit their savings up to June 30, which couldn't be deposited in FY 2019-20 due to lockdown in the country. Earlier the last date was March 31.
It has also been said that there will not be revival fee/penalty charges on n the PPF, SSA/RD accounts in which mandatory minimum deposit in not made upto March 31 subject to such deposit are made up to June 30.
All those PPF subscribers, whose accounts were matured on March 31, 2020 (including one year window for extension), can now be extended up to June 30.
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