India, April 4 -- Modifying details of the nominee in your Public Provident Fund (PPF) account will no longer result in a charge.

This is because "necessary changes" are being made to the Government Savings Promotion General Rules 2018.

"In the Government Savings Promotion General Rules, 2018, in Schedule II, under 'Fee to be charged for services,' the words and figures '(b) Cancellation or change of nomination - Rs.50' shall be deleted," according to a Finance Ministry notification.

This new change has been effective since April 2, 2025.

In an X post, finance minister Nirmala Sitharaman called them "necessary changes", adding that "the Banking Amendment Bill 2025, passed recently, allows nomination up to 4 persons for payment of depo...