How Much Can I Deposit in Post Office Saving Schemes in India?
Learn about the maximum deposit limits in Indian Post Office Saving Schemes including PPF and other accounts for the financial year.
Video transcript
In India: Maximum deposit limits in Post Office Saving Schemes vary; for instance, a Single Account under Public Provident Fund (PPF) allows deposits up to INR 1.5 lakh per financial year. Check with your local Post Office for specific rules and limits as they can differ by country and scheme.
Questions and answers
What is the maximum deposit limit for a PPF account in India?
The maximum deposit limit for a Public Provident Fund (PPF) account in India is INR 1.5 lakh per financial year.
Do deposit limits vary across different Post Office saving schemes?
Yes, maximum deposit limits differ depending on the specific Post Office saving scheme and may vary by country.
Can I deposit more than INR 1.5 lakh in other Post Office schemes apart from PPF?
Different Post Office schemes have different limits; it is best to check with your local Post Office for the exact deposit limits.