How to Revive a Dormant PPF Account
To reactivate a dormant PPF account, you need to submit a written request and deposit ₹500 for each year it was inactive. You’ll also have to pay a ₹50 penalty for every inactive year. If you skip the minimum yearly deposit, your account becomes inactive—something that’s easy to miss if you have multiple investments.
Not paying the deposit in any year can happen due to a lot of reasons, and as such reviving a dormant PPF account has been made easy by the authorities.
An inactive account will still earn you interests till maturity as per the terms, however there are some downsides to such accounts. For one, you cannot claim loans against your PPF account anymore, which might become a problem if you're looking at liquidity in the near future. Also, premature withdrawal will not be allowed for you until you reinstate the account.
Reviving an inactive account
There are small penalties in reviving a dormant account. The process to reactivate an account involves:
- Submitting a written request at the post office or bank branch where the account is based.
- Pay the minimum yearly deposit amount of Rs.500 for each year the account has been inactive.
- Pay a fine of Rs.50 for each year the account has been inactive.
- Visit the branch of PPF account once more to complete the verification process.
On completing the formalities, your account will get activated at the earliest. You are also required to reactivate an account that has matured while being inactive by completing the process detailed above. The proceeds of the account will be blocked until the account gets reinstated.
Example
Suppose you have completed the 10th year of your PPF tenure. You deposited Rs.500+ every year for the first 7 years and were not able to make deposits for any reason in the last 3 years. To revive the account, you will have to pay:
- Rs.500x3 = Rs.1,500 as arrears for each fiscal
- Rs.50x3 = Rs.150 as penalty for each fiscal
In addition, you will be required to make the minimum deposit of Rs.500 for the new fiscal, i.e. 11th year of the PPF tenure
PPF Top Pages
- PPF
- PPF Balance
- PPF Online Payment
- PPF Deposit Limit
- PPF Calculator
- PPF Rules
- How to Open PPF Account Online
- PPF Interest Rate
- PPF Account Opening Form
- Change Nominee Name in PPF
- PPF Withdrawal Rules
- Axis Bank PPF Account
- Bank of Baroda PPF Account
- Central Bank of India PPF Account
- Union Bank ppf account
- PPF Deduction
- PPF Closure Form
- Check PPF Account Statement
FAQs on Revive Dormant PPF Account
- How can I reactivate a closed PPF account?
By paying the required subscription amount of Rs. 500 for each year that was missed and a penalty of Rs. 50 for each year of default, you can reactivate your closed PPF account.
- Can parents remove a portion of a minor's PPF account?
Yes, parents or guardians may take money out of a minor's PPF account in part as long as they certify that the money taken out is necessary for the minor to utilize.
- I don't think I can keep contributing to my PPF account. Is it possible for me to terminate my account?
Closing a PPF account is only permitted after five years. Additionally, there are requirements that must be met for the account to be closed.
- How many times may I extend my PPF tenure in blocks of five years?
The number of times you may extend the account term is unlimited as long as you do so in blocks of five years. However, tenure can only be extended once each block matures.
- Can I modify the nomination for the PPF account?
It is possible to modify the previous nomination by submitting a new one.
Disclaimer
Credit Card:
Credit Score:
Personal Loan:
Home Loan:
Fixed Deposit:
Copyright © 2026 BankBazaar.com.