Partial Withdrawals from PPF

[Yogesh]

One more query -

Can I add my spouse to this PPF account? So that both of us can be benefited with rebate.

[narayan]

I have few more queries on PPF withdrawal -
1- How many times, I can withdraw money from my PPF account?

Once in an year.

2- Is there any effect of loan on PPF on my future withdrawal?

I am not sure, but I don't thinks that you can withdraw money, if you havn't paid back the loan amount.

One more query -
Can I add my spouse to this PPF account? So that both of us can be benefited with rebate.

No. Joint accounts are not acceptable.

[PolicyWala]

A subscriber can make one withdrawal during any one year. The first withdrawal can be made at any time after the expiry of 5 full financial years from the end of the year in which the initial subscription was made (i.e. from the 7th year onwards). The amount of withdrawal will be limited to 50% of the balance at credit at the end of the 4th year immediately preceding the year in which the amount is withdrawn or at the end of the preceding year whichever is lower.

Source - statebankoftravancore.com