Thursday, April 26, 2012

Public Provident Fund (PPF) Account - Investment Vehicle - India

One can open a 15-year account and then can continue it for 5 years at a time with the option to withdraw 60 percent of the balance in next 5 years in annual amounts. Many persons do not know this rule and options and many bank officials also do no know this and hence do not extent this facility to their account holders.
Original knol -

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