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

  1. #1
    NewBie
    Join Date
    Apr 2013
    Location
    india
    Posts
    1

    Question Would I be able to withdraw the whole PPF interest amount every financial year till maturity time?

    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.




  2. #2
    PW Stalwart Master's Avatar
    Join Date
    Feb 2009
    Location
    Mumbai
    Posts
    438

    Default

    Yes it is possible. But the total partial withdrawals during the extended period of five years should not be more than 60% of the total balance in the account during the time the extension was applied.

    Whenever you wanted to withdraw use Form C.


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