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Friday, April 22, 2016

Withdrawals form PPF Account

 

Invest Online PPF

 

You can extend your Public Provident Fund (PPF) account on maturity after 15 years by a block period of five years with or without making further contributions

If you are extending it with contributions, you can withdraw up to 60% of the balance amount at the beginning of the extended period in one or more installments, but only one withdrawal is permitted per year.
 
If the account is extended without contribution, any amount can withdrawn without restrictions. However, only one withdrawal is allowed per year. The balance will continue to earn interest till it is completely withdrawn
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