Government of India has increased the annual subscription amount to PPF from Rs.70,000/- to Rs.1,00,000/- per year and the interest aret has been increased to 8.6% w.e.f 1st December 2011
Related RBI Notification is attached for future reference
http://rbidocs.rbi.org.in/rdocs/notification/PDFs/LAB051211FL.pdf
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