A person can withdraw his money after the sixth financial year of opening his account with over 15 years as his maturity period. Withdrawal is only permitted if that person meets certain conditions. permitted if that person meets certain conditions.
1. Who are eligible?
- It can be opened by an Indian citizen
- If the person is residing in another country, he can still open or operate his/her PPF account
- It can be opened on behalf of the minor. Parents can open pdf count in name of their children
- It can be opened by one individual
- Hindu undivided families can not open.

2. Documents required to open ppf account
- PPF opening form should be filled
- ID proof should be provided; PAN card, Aadhar card, passport, voter ID, driving license)
- Address proof should be provided along with electricity bill, telephone bill, ration card, and Aadhar card
- Pay-in-slip at the bank to transfer money to your PPF amount
- A birth certificate is required to open a minor’s account.
3. Documents required to open a minors account _
- Details of minors or parents in the form
- KYC documents of the guardians along with the photograph
- The minimum value of the cheque that needs to be contributed
- Minor’s proof of age/ Aadhar / birth certificate.
4. Forms to fill which are associated with the PPF scheme
- Form A - PPF account should be opened.
- form B - to deposit into the account
- form C - to obtain the partial withdrawal
- form D - to request a loan
- form E - to make a nominee
- form F - to make changes to the account details
- form G - to get funds in the account by a legal heir or a nominee
- form H - to extend the tenure.

5. How to withdraw money from a PPF account?
A small amount of money can be withdrawn from the PPF account which is permitted after 6 years of completion from the date of opening. it's not permitted till the lock-in period.
following steps must considerably be taken:
Withdrawal on maturity
When the account matures you can withdraw the entire amount with the interest. You need to download Form C first and then you read to fill and sign that particular form and submit that in the bank where your PPF account exists after then, the bank will close your account and then the amount will go into your account which is linked with your ppf account
- Limited or premature PPF withdrawal
You can withdraw partially using PPF online. It can be withdrawn using some basic criteria. - To withdraw from a PPF account, you must at least been invested for 6 years from the date of opening
- There’s no tax taken on partial withdrawals
- If it’s an emergency, you can close it on the 5th year of opening your account
- You can withdraw limitedly only once a year.
6. Â Procedure to withdraw money online as well as offline :
- Download C form
- Fill in the necessary details
- Apply to the required bank
- Net banking facilities should be done

7. Extension of PPF on maturity
After your account matures, you can withdraw all the money which you’ve invested. If you do not withdraw it upon the maturity then the bank will automatically extend the maturity with the duration of 5 years unless you say. You can either choose to extend your PPF account for the next term with or without contributing. Interest will tend to continue to accrue if no withdrawals are made within a year.
8. PPF Withdrawal rules after extension
The rules for withdrawing after an extension are completely different, you have to wisely choose if you want to extend your PPF with a contribution or without the contribution
with contribution :
- You can only borrow 60% of the balance amount.
- The left amount will be accumulated for the next 5 years of the extension period.
Without contribution :
- You can block your account for 5 years after maturity without contributing.
- Till the extension period, you can withdraw the balance amount.
- Only one withdrawal is permissible
- Premature closing
You can close your PPF account after 5 financial years from the date of opening, it’s only permissible on the grounds which is specified by the government: - when a child is about to peruse higher education.
- when the account holder is suffering from any disease.
There will be a reduction in interest by 1% which is applicable from when the person opened his account.
Calculate your PPF online here :

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M Pavan
I'm a content creator and data analyst at rapidezwriter with over a year of experience in SEO and SMO. I am also a part-time blogger at blogtanist, skilled in research and information accumulation.
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