FINANCE

March 31 Deadline: Keep Your PPF, SSY, and NPS Active

March 11, 2026

Keep Your PPF, SSY, and NPS Active: Complete This Before March 31

The financial year ends on March 31, 2026. You must check your savings accounts now. The goal is to avoid penalties and keep your accounts active. In fact, missing the minimum deposit can lead to a “default” status. Plus, you might lose important tax benefits. So, make sure to complete your transfers this week.

Add rightsofemployees.com as a Preferred Source

The Minimum Deposit Rules

But how much do you need to pay? Each scheme has a different limit. Is it a huge amount? No. Consequently, even a small payment can save your account. Moreover, reviving an inactive account later is a slow process. Previously, many users forgot these dates and paid high fines. Therefore, you should double-check your bank app today.

Sukanya Samriddhi Yojana (SSY)

The SSY helps save for a girl child’s future. And, the rules for this account are very strict. You must deposit at least Rs 250 every year. Accordingly, if you miss this, you must pay a fine of Rs 50 for each year.

Public Provident Fund (PPF)

Still, the PPF remains the most popular long-term saving tool. You must deposit at least Rs 500 per year. But what happens if you miss the deadline? Your account becomes inactive. Why? Because the law requires yearly activity. Essentially, you cannot take loans or withdraw money from an inactive account. You must pay Rs 550 for every missed year to fix it.

Scheme	Min. Deposit	Default Penalty
🛡️ PPF	Rs 500	Rs 50 + Min. Deposit
👧 SSY	Rs 250	Rs 50 + Min. Deposit
👴 NPS	Rs 1,000*	Varies by Tier

National Pension System (NPS)

Then there is the NPS for your retirement. The reason to invest now is to save on taxes. Indeed, you can claim up to Rs 2 lakh in tax deductions. Worth noting: This works for both the old and new tax regimes. Ultimately, meeting the March 31 deadline keeps your retirement plan on track.

Frequently Asked Questions (FAQs)

Can I deposit money online? So, yes. Most banks allow you to transfer funds via UPI or Net Banking. Because of this, you can finish your task in just two minutes.

What if March 31 is a holiday? In fact, banks are usually busy during the year-end. Additionally, online portals can sometimes crash. But you should finish your payments at least three days early.

Do these deposits help with 80C? But yes. Consequently, PPF and SSY deposits are great for reducing your taxable income.

{{post_title}}

March 31 Deadline: Keep Your PPF, SSY, and NPS Active