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Q.

Is partial PPF withdrawal possible?

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0 2023-03-28T10:02:18+00:00

Partial PPF Withdrawal:

You are permitted to partially withdraw up to a specified amount of money under the PPF plan. But keep in mind the following things if you decide to withdraw a portion of your PPF:

  • Partial withdrawals are permitted when 5 financial years have passed since the PPF account's opening.

  • You can take up to 50% of the available sum after the fourth financial year is over.

  • A single partial withdrawal is permitted every fiscal year.

  • You must submit your application form and passbook together.

  • Partial withdrawals are only permitted after all information has been verified by the bank or post office.

  • The amount withdrawn is exempt from taxes.

Read more: How to know PPF account number How to get loan against PPF 
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