you can withdraw money from ppf account at 15 years.
you can withdraw money from ppf account at 15 years.
when can you withdraw money from ppf account?
15 years
bullet::::2. extend the ppf account with no contribution – ppf account can be extended after the completion of 15 years, subscriber doesn't need to put any amount after the maturity. this is the default option meaning if subscriber doesn't take any action within one year of his ppf account maturity this option activates automatically. any amount can be withdrawn from the ppf account if the option of extension with no contribution is chosen. only restriction is only one withdrawal is permitted in a financial year. rest of the amount keeps earning interest.
public provident fund (india)
bullet::::3. extend the ppf account with contribution - with this option subscriber can put money in his ppf account after extension. if subscriber wants to choose this option then he needs to submit form h in the bank where he is having a ppf account within one year from the date of maturity (before the completion of 16 yrs in ppf). with this option subscriber can only withdraw maximum 60% of his ppf amount (amount which was there in the ppf account at the beginning of the extended period) within the entire 5 yrs block. every year only a single withdrawal is permitted.
public provident fund (india)