Do I have to contribute every year to my PPF account?

Yes. Your account will be defunct if you do not deposit the required minimum of Rs. 500 a year.

03 Dec 2008

Yes. Your account will be defunct if you do not deposit the required minimum of Rs. 500 a year. The amounts already deposited will continue to earn interest, which will be paid to you at the end of the term (15 years), but you can't take loans or make withdrawals.