• Deposits can be made in lump-sum or in 12 installments.
• Joint account cannot be opened.
• Account can be opened by cash/cheque and In case of cheque, the date of realization of cheque in Govt. account shall be date of opening of account.
• Nomination facility is available at the time of opening and also after opening of account. Account can be transferred from one post office to another.​​​
• The subscriber can open another account in the name of minors but subject to maximum investment limit by adding balance in all accounts.
• Maturity period is 15 years but the same can be extended within one year of maturity for further 5 years and so on.
• Maturity value can be retained without extension and without further deposits also.
• Premature closure is not allowed before 15 years.
• Deposits qualify for deduction from income under Sec. 80C of IT Act.
• Interest is completely tax-free.
• Withdrawal is permissible every year from 7th financial year from the year of opening account.
• Loan facility available from 3rd financial year.

No attachment under court decree order.

• The PPF account can be opened in a Post Office which is Double handed and above.

From 1.4.2014, interest rates are as follows:- 8.70% per annum (compounded yearly).