New Delhi, Oct. 22 -- The government-backed Public Provident Fund (PPF) continues to be one of India's most reliable long-term savings schemes, especially for conservative investors. Although PPF has a 15-year lock-in period, it permits partial withdrawals before maturity under certain conditions.
Here's a detailed guide on the steps to withdraw PPF and key rules -
Step 1: To withdraw funds, an account holder must download the PPF withdrawal form, also known as Form C, from their bank's website or from the bank branch.
Step 2: Enter the necessary details on the PPF form, which includes the amount of funds to be withdrawn and the number of years the account has been active.
Step 3: Attach a copy of the PPF passbook with Form C.
Step 4...
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