Individuals Holding PPF Not Allowed to Perform Any Transaction On April 1 and 2, Says India Post

As per the reports, individuals having a Public Provident Fund (PPF) account and want to earn interest for the full financial year, then you must deposit money into your PPF account before April 05, 2025.

However, this year, the Department of Posts said that no transactions would be allowed on April 1 and 2, 2025, meaning no deposits will be made on these mentioned dates. To avoid delays, investors are advised to make their deposits online instead of relying on post office transactions. This ensures that the money gets credited on time and qualifies for full-year interest.

On these two days, no cheques will be allowed. According to the communication, staff salaries and pensions will be processed late in the evening on April 2. Because of this delay, pension payments will only be available to recipients on April 3 instead of earlier in the day.

A delay in the processing of transactions affects all post office small savings account holders. The reason behind this, as per the PPF rules, is that the amount of interest is calculated on the basis of the account balance of the individual between the 5th and the last day of each month. If you invest early in a financial year before April 5, the entire interest earning can be maximised. To avoid delays, you can complete your PPF deposit using India Post Payments Bank (IPPB) or banks that offer online PPF investment services instead of relying on post office transactions.

Now, individuals having a PPF account are allowed to invest upto Rs. 1.5 Lakh, in which an interest rate of 7.1% a month is followed. The PPF is associated with an E-E-E (exempt-exempt-exempt) structure, meaning you get tax benefits at every stage. The money you invest in PPF can be deducted from your taxable income under Section 80C, up to a limit of Rs. 1.5 lakh per year. Along with this, the interest an individual can earn during the tenure period. Additionally, the amount you will receive after the maturity period will not include tax, making it a useful and safe option for your investment portfolio.