PPF Withdrawal eligibility conditions

 


Withdrawal

  • Partial withdrawal is allowed from 7th financial year of opening the account
  • Only one withdrawal is allowed per financial year
  • You are eligible for withdrawal if your account is active. In-active accounts won't qualify for withdrawal
  • Withdrawal limit is 50% of the account balance standing at the end of 4th financial year immediately preceding the financial year of withdrawal OR at the end of preceding financial year, whichever is lower
  • If you had availed any loan, then the unpaid loan amount will be deducted from the withdrawal amount
  • Any amount withdrawn is not repayable

Post a Comment

Previous Post Next Post

Most Visited

Search Content of www.potools.blogspot.com @