I have a PPF Account with State Bank of India since July 2007. I want to close the account, and invest the amount on MFs, but State Bank of India told me that I cannot close it before 15 years. Is there any way out?Similar Threads:
I have a PPF Account with State Bank of India since July 2007. I want to close the account, and invest the amount on MFs, but State Bank of India told me that I cannot close it before 15 years. Is there any way out?Similar Threads:
I am afraid you cannot close it before completion of 15 years. The PPF account is a 15-year contract. It can be terminated only on the death of the account holder.