PPF Act, 1968 (Provident Fund Central Act)

Download the PPF 1968 Act

The main points of the 1968 rules are categorized under:

  • Limit of Subscription : How much maximum you can invest in PPF per year
  • Manner of making the subscription : Applying for new account & modes of payment and how you
  • Number of subscription: Multiples of payment in Rupees
  • Transfer of account: Transferring accounts from one bank to another
  • Issue of duplicate pass book
  • Condonation of default
  • Interest rate
  • Withdrawals from the fund
  • Loans
  • Repayment of loan & interest
  • Nomination and repayment after death of subscriber
  • Power to relax