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How to stop Investment in PPF?

Wednesday, August 17, 2016 by Indian Real Estate News

 

How do I stop my investment in PPF?

You have to deposit a minimum of Rs 500 in a PPF account in a financial year

 You cannot discontinue a Public Provident Fund (PPF) account cannot. You have to deposit a minimum of R500 in a PPF account in a financial year. If you fail to make this yearly payment, a penalty of R50 would be levied each year, along with the arrears of subscription of R. 500 for each such year till the maturity. You can close your PPF account on maturity after the completion of 15 financial years. However, you can make partial withdrawals from the PPF after six years.
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