Elaborating upon the minimum amount required for opening a PPF account and the minim deposit required to keep one's PPF account active SEBI registered tax and investment expert Jitendra Solanki said, "For opening a PPF account one needs just ₹100 — the minimum amount required for opening a PPF account. However, this minimum amount required for opening a PPF account won't be enough to keep one's PPF account active. To keep one's amount active, one needs to deposit minimum ₹500 in one's PPF account in one financial year. So, after opening the PPF account, one need to make sure that its minimum PPF balance on 31st March of that financial year is ₹500." The Managing Director of the SEBI registered firm said that the best way is to make regular monthly deposit in one's PPF account.

Source: Mint May 06, 2021 07:38 UTC