PPF and SSY Accounts Alert: Complete This Step Before March 31 to Keep Them Active
March is not only a month of festivals and celebrations. It is also an important time for financial planning. For investors who have money in government backed savings schemes such as the Public Provident Fund and Sukanya Samriddhi Yojana, March 31, 2026 is a key deadline.
If account holders have not deposited the required minimum amount during the current financial year 2025 to 2026, their accounts may become inactive. This can lead to penalties and loss of several benefits offered by these schemes.
Sukanya Samriddhi Yojana
The Sukanya Samriddhi Yojana is one of the most popular savings schemes designed to support a girl child’s future education and marriage expenses. The scheme currently offers an attractive interest rate of about 8.2 percent, which is higher than many traditional fixed deposits.
To keep the account active, parents or guardians must deposit at least ₹250 every financial year. If the minimum amount is not deposited before March 31, the account will become inactive. To reactivate it later, a penalty of ₹50 per year must be paid along with the pending minimum contribution.
Public Provident Fund
The Public Provident Fund continues to be a trusted investment option for long term savings and retirement planning. It also offers tax benefits to investors. At present, the scheme provides an interest rate of around 7.1 percent.
If account holders have not deposited the required minimum amount during the current financial year 2025 to 2026, their accounts may become inactive. This can lead to penalties and loss of several benefits offered by these schemes.
Sukanya Samriddhi Yojana
The Sukanya Samriddhi Yojana is one of the most popular savings schemes designed to support a girl child’s future education and marriage expenses. The scheme currently offers an attractive interest rate of about 8.2 percent, which is higher than many traditional fixed deposits.To keep the account active, parents or guardians must deposit at least ₹250 every financial year. If the minimum amount is not deposited before March 31, the account will become inactive. To reactivate it later, a penalty of ₹50 per year must be paid along with the pending minimum contribution.
Public Provident Fund
The Public Provident Fund continues to be a trusted investment option for long term savings and retirement planning. It also offers tax benefits to investors. At present, the scheme provides an interest rate of around 7.1 percent.Next Story