The main features of the PPF account are mentioned below:įor a PPF, you should have a minimum investment of Rs.500 and your maximum investment is Rs.1.5 lakh for every financial year. The premature withdrawal of your Public Provident Fund up to 50% of the account balance is allowed once you complete 5 years of the Public Provident Fund.Any time before the completion of the full tenure of the account, you cannot withdraw the entire Public Provident Fund account.Once the completion of your 15-year term, you can get access to the Public Provident Fund account balance, and also withdraw it.The rules governing Public Provident Fund accounts say that you cannot withdraw the Public Provident Fund account balance after your Public Provident Fund account finishes its tenure (15 years). How do you Close a Public Provident Fund Account?
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