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NewBie
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.
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PW Stalwart
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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