While opening a PPF account, you will not find the provision for nomination in the application form, nomination has to be filed separately.
Even though it is not mandatory to name nominees for a PPF account, it is advisable to do so to avoid conflicts in the event of death and to have a clear transfer of funds to a desired person.
Here is how you can add nominee to your SBI PPF account using the Yono app, according to the SBI website.
Registration of nomination through YONO app
Login to YONO app -> click on Services & Request ->click on Account Nominee ->Click on Manage Nominee-> select Account Number from drop down->fill the nominee details and submit.
Registration of Nomination through branch
Download the Form E-> fill the details and submit to the home branch.
here to download Form E.
In a financial year, the minimum annual contribution to a PPF account is Rs 500. The rules allow for a minimum contribution of Rs 500 per year and a maximum contribution of Rs 1.5 lakh per year. The Rs 1.5 lakh limit applies to all accounts held in his or her own name or on behalf of a child. You can contribute in a lump sum or on a monthly basis, but no more than 12 times per fiscal year.
The deadline to make a contribution for this fiscal year is March 31, 2022. Failure to deposit the minimum amount of Rs 500 per financial year leads to the PPF account being designated ‘inactive’.