In case you have not paid the minimum deposit amount in any financial year, your PPF account will be discontinued. In such cases, no loan and withdrawal facilities are available for the account holders.  A lapsed account can be reinstated by the depositor prior to the maturity of the account by depositing the minimum subscription amount (i.e., Rs. 500) along with a default fee of Rs. 50 for each defaulted year. The total deposit in a year should encompass deposits made for the defaulted years of previous financial periods.