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View Full Version : Would I be able to withdraw the whole PPF interest amount every financial year till maturity time?



smgedia
26-04-2013, 01:40 PM
My PPF Account will expire in 2013 and I wanted to extend it for next five year and I also want to withdraw the whole interest amount every financial year till maturity time. Can it be possible? If yes please guide me.

Master
27-04-2013, 12:21 PM
Yes it is possible. But the total partial withdrawals during the extended period of five years should not be more than 60% (http://www.policywala.com/content.php/468-How-to-extend-PPF-Account-after-15-Years) of the total balance in the account during the time the extension was applied.

Whenever you wanted to withdraw use Form C (http://www.policywala.com/downloads/PPF-Withdrawal-Form-C.pdf).