Nominee Updates in PPF Made Hassle-Free: Government Scraps Fees

Unknown Apr 02, 2026 900 Views

In a major relief to Public Provident Fund (PPF) account holders, Finance Minister Nirmala Sitharaman stated that banks will no longer levy charges for changing or updating nominee details in PPF accounts. This move, which took effect from April 2, 2025, was brought about by amendments to the Gov...