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I have some doubts on PPF -
1. Do I need to deposit equal amount of payment every year in my PPF account?
2. Can I close or withdrawal the amount before 15 years?
3. What if I pay for only for first 2 years. Would the account be alive for next 13 years with out any deposit?
You can deposit any amount from Min 500 - Max 70000/- per year.Quote:
Originally Posted by Dhruvzz
You can partly withdraw the amount but cannot close it before 15 years. You can also take loan on the deposit amount.Quote:
2. Can I close or withdrawal the amount before 15 years?
No. To continue the account you have to deposit Min 500 every year.Quote:
3. What if I pay for only for first 2 years. Would the account be alive for next 13 years with out any deposit?