My PPF account is about to complete 15 years, came to know that there are other ways also except closing the account itself. Informative and to the point :)
Hi Sir , I opened my PPF account in July 1998 and contentious deposited amount. Even deposited 1.5 Lacs in April-23 also. Total Corpus is 10 Lacs ( 8.5 Lacs including interest in March-2023 and added 1.5 Lacs in April-24 ) and the account was extended till 2028 without my concurrence with a view since i deposited the money and they extended .. Suddenly i need the money to pay fee to my daughter for higher education. Please suggest me the calculations as per the latest rules.
My Dad opened PPF account in 2000 for my daughter when she was born in US ( he passed away in 2015). He kept adding money to her account on my behalf from my NRO account in India between 2000 to 2009 . Did not take any tax deductions as there was no income in India. We applied to close this account in GPO since two years in 2021 and no action is being taken. GPO's PPF office kept her account closure application, passbook and her ID documents. What can we do?
Spend few hours 6-10 hours at least preparing quick reference the file. Arrange the transaction made chronologically.Get the genuine documents certifying that you are authorised and legal heir to accumulated amount. Take NOC from next of kin of your father. With these details send hard copy letter to GPO headquarters with copy to local post office and regional head quarters. Keep one copy in reference folder. Send first reminder after two months and there after every month. Do that for one year.If none of the agencies responded, meet Lawyer dealing such cases . put RTI and send legal notice seeking penalty interest.As long as you are correct No one can deny the amount.
Can you please give an example for the withdrawal after completing 5 years. Say after 5 years have 8 lakhs total..what amount can be withdrawn? I didn't get the whichever is lower part. Thanks in advance
Hello, you can make a partial withdrawal only after 5 completed financial years. If your PPF account has completed 5 financial years, you can withdraw 50% of the corpus at the end of the financial year or 50% of the corpus at the end of the 4th financial year preceding the year of application, whichever is lower. To get the exact amount applicable in your case, you can contact your bank or the post office.
5 years condition is from the first deposit or separately for each deposit? For example, I made my first deposit of ₹1L on 5-3-2018 and kept investing ₹ 1L every year. Balance on 31-3-20 = 3,00,000 (1L + 1L + 1L) (Assuming no interest for simplicity) Will I be eligible to withdraw 50% of 1,00,000 or 50% of 3,00,000 in FY 2023-24?
Hello, please do share the video with your friends and family as well. We already have a video on the EPF. Please check ruclips.net/video/lBagn--KERk/видео.html.
Isse achha to Mutual funds mein invest karna hain..Investment of same amount through SIP in mutual funds can give us much higher return than PPF. The PPF interest rate has been fixed at 7.1% for the last 3 years, increase karne ka koi indication nehi hain ulta aur bhi ghat jane ka dar hain
Hello, children's higher education is a long-term goal. You can find out the corpus required at the time when the goal is due and start SIPs in equity funds to accumulate the amount. We also have a video on children's funds. You can watch it at ruclips.net/video/pTPtxE_BkAc/видео.html.
My PPF account started from 2007 almost 18 year but due to company switch account number is transferred from one account to another how it will calculated
My PPF, after several 5 year extended blocks, matured on 18th March 2023. They paid full interest upto 31.3.23. When I went to withdraw the full amount on 14th April, 2023, the bank SBI didn't pay any interest from 1st April to 14th April, 2023. Is this correct ?
Hello, the PPF interest is calculated on a daily basis but it is credited at the end of the financial year. Since the interest from 1st April to 14th April falls in FY24, you should receive it at the end of the financial year. However, we would suggest that you contact your bank regarding this.
Hello, glad to know you liked this video. Please share it with your friends and family as well. We do have a video on the EPF as well: ruclips.net/video/lBagn--KERk/видео.html.
Hello, either is okay. If you want to invest in the PPF every month, in a systematic manner, it's okay. However, if you want to invest lump sums, that's fine as well. One small thing: to ensure that your contribution earns interest from the same month, invest in the PPF before the 5th of the month. If you invest after 5th, the contribution will start earning interest from the next month.
If I extend the scheme after five years and contribute, i know that I may withdraw 60% of the money in one year at the beginning of extension. But is 60% amount is the total amount which I can withdraw during the whole tenure of five years,or I may again withdraw 60% of the remaining amount in next year or any subsequent year? Please inform and oblige. I am a senior citizen and have extended the scheme for five years with contributions.
Similar and more comprehensive video should be made on EPFO - Benefits - Transfer & Merger - Withdrawal eligibility - Withdrawal process - Taxation on Employee & Employer contributions for private and govt employees and more
Hello, thanks for your suggestion. Will forward it to our content team. For now, please feel free to watch one of our existing videos on the EPF: ruclips.net/video/lBagn--KERk/видео.html.
My grand father whose age is 97 wants to close his PPF account.his account is almost 28 years old. he is in the middle of the 5 year extension as well. will he loose any money if he shuts his PPF account?
Hello, that would depend on your personal requirements and risk profile. Equity funds can generate better returns over the long term but they are also volatile. On the other hand, the PPF is steady and carries no risk. So, decide appropriately.
Sir after maturity im not extended my account within one year if i can continue the account for another 2 to 3 years in the same status .if i get the interest and that interest will be tax free ?
Hello, if you don't do anything after the maturity of the PPF account, your account is automatically extended for 5 years without contribution. You can, however, withdraw up to the entire corpus once a year. When your account is extended, your corpus will continue to earn interest and any withdrawals are tax-free.
Hello, yes, the loan on the PPF is a short-term loan of 36 months and needs to be repaid during the tenure of the PPF. You can avail of a loan against the PPF between the third and the sixth financial year of opening your PPF account. The loan can be up to 25% of the PPF balance at the end of the preceding two years' closing balance. The interest rate is 1% higher than the prevailing PPF interest rate and remains unchanged for the loan tenure. If you fail to pay the loan back in 36 months, then the interest is charged at 6% higher than the prevailing PPF rate.
Hello, thanks for the infortive video. Could you answer my question. Let us i have choosed invest into PPF ln monthly basis, what is the end date wille be calculated for maturity. Does it work in the same way how ELSS locking works ?
Hello, PPF doesn't work like ELSS, where each of your investments will have a 3-year lock-in period. In the PPF, the overall account tenure is 15 years. This 15-year period is calculated from the end of the financial year in which you make the first deposit. You can invest up to Rs 1.5 lakh in a financial year in your PPF account. If you wish, you can make monthly investments as well. But the overall tenure of the account will be 15 years, irrespective of when you make the incremental investments.
Hello, if you are facing any issues with the ET Money app, you can contact us by visiting www.etmoney.com/help. You can raise a ticket on this page and a customer service executive will get back to you soon.
You mentioned the extension can happen within 1 year of PPF maturity. So someone misses that then there's no way to extend and contribute to the account even after first 5 year block?
Hello, yes you can withdraw after 3 years but how much, that will depend on whether you have extended your PPF account with or without contribution. If you have extended your PPF account without contribution, you can withdraw up to the 100% of your corpus. If you have extended the PPF account with contribution, you can withdraw up to 60% of the corpus at the start of the extension period. Please also note that in both the cases, you can make just one withdrawal in a financial year.
@@ETMONEYsir if we invest 1.5 lakh in one shot on 1st April every year , then after 15 years , how much can we expect is it more then 40 lakhs or how is it
Hello, NRIs are not allowed to open a new PPF account or even extend an existing one. If someone opened a PPF account and later that person became an NRI, such an account will have to be closed on its maturity after 15 years.
If the NRI withdraws the PPF amount on maturity into the NRO account is it taxable? How much would you be charged? Do you recommend to continue investing in PPF once your status changes to NRI?
I want to ask one question 1. I have ppf account from last 5 years my wife having joint saving account with me but her pan card mentioned on account so can she can open ppf account separately??
Dear sir, I have opened ppf account on 11/09/2008 with bank. Now I have some questions. Please clarify :- 1. Can I withdraw my full corpus on 11/09/2023 or 01/04/2024 ? 2. If it is withdrawable on 11/09/2023, Will the bank pay the interest for the period from 01/04/2023 to 10/09/2023 ? 3. If it is not withdrawable on 11/09/2023, Will the bank pay the interest for the period from10/09/2023 to 31/03/2024 on 01/04/2024 ?
Very informative..can you also pls do a video on Sukanya Samrudhi? Keen in understanding if OCI children can stay invested in this scheme and what happens if they move to another country..whether we can withdraw the corpus or not
Hello, thanks for liking the video. Please share it with others as well. We do have a video on Sukanya Samriddhi Yojana. Please check ruclips.net/video/vFeH2lu6TGU/видео.html.
After 15 years ppf ki maturity automatically linked bank account mein transfer ho jayegi ya iske liye ppf related documents & withdraw forms fill karne honge??. Please clarify this doubt.
You can extend it by another 5 years. In this period,you need not deposit money in each year. Or you need to ask your bank to transfer whole corpus to your linked bank account and close the account.
Try to extend PPF a/c as much as possible. Only incase of emergency, you close the same. Or continue the account by normal process. KYC needs to be done before closure.
Hello, after the completion of 15 years, you will have to contact the bank or the post office where you have your PPF account. There is no automatic transfer of the corpus. Only after you have filled up the required forms can you withdraw the PPF balance.
@@ETMONEY Explain in proper detail for "FULL CLOSURE" . If account completes 15 years in 2029 Dec 15. I will have to wait till 2030 April 1st right. When should i fill some "form c ..etc" and submit in bank. On Dec 15 or Dec 16 or March 31 or Apr 1st or Apr 2nd or Apr 3rd or May 5. If i contact them on June 1st ? will bank say sorry your account got auto renewed for 5 years . Then i again go to bank on 2035 May 2nd . Then bank will say, I am sorry account got auto renewed , pleas come on 2040. (Explain in detail, don't explain parital withdrawal, auto renewal ..etc. .Just explain what is process, when should i contact bank with bank . Can i submit form c or something like than 6 months in advance or should i wait for Muhurat on April 1st . What if April 1st is 2nd saturday. Can i go on April 3rd . Will bank say it got auto renewed. So the depositer will never get his money. )
PPF not worth at all, think from the fact 40lacs ,, 5 yrs back from now consider today's worth and think about 5 to 10 years from now, value of money remain same due to high inflation... 40 lacs 15 yrs from now is equivalent to 10 lacs in today's worth ... It is just play game of government.
Hello, after your PPF account has matured, you can contact your bank or post office where you have your PPF account. You will be required to fill up some forms for withdrawal.
Hello, we understand that you would prefer to watch this video in Hindi. However, this is our English RUclips channel. You can visit our Hindi channel at www.youtube.com/@etmoneyhindi/videos. It has many insightful videos as well. Many of the videos on the English channel are also translated and posted on the Hindi channel.
PPF is a loss making Investment, 1.5 lacs every year will make 45 lacs in 16 years, 1.5 lacs per year in any Nifty 50/blue-chip funds will give you 5 crores in 16 years with almost no risk.
My PPF account is about to complete 15 years, came to know that there are other ways also except closing the account itself. Informative and to the point :)
Cqsq 7:54
Good vlog and very informative for the PPF a/c holders as also for others who wants to open PPF a/cs. 12:16
Hello, glad to know that you liked this video. Please share it with others as well.
Hi Sir , I opened my PPF account in July 1998 and contentious deposited amount. Even deposited 1.5 Lacs in April-23 also. Total Corpus is 10 Lacs ( 8.5 Lacs including interest in March-2023 and added 1.5 Lacs in April-24 ) and the account was extended till 2028 without my concurrence with a view since i deposited the money and they extended .. Suddenly i need the money to pay fee to my daughter for higher education. Please suggest me the calculations as per the latest rules.
Why does etmoney not have customer care no?
simple and detailed information by 'ET" video makes a common man understand the investments available in the market. Thanks.
Hello, thanks for your encouraging words. Kindly also share this video with your friends, family and colleagues.
The interest rate has been fixed at only 7.1% for the last 3 years..The government should revise it for the benefit of middle class people
Very informative and helpful
If you close your acct at maturity of 15 years, withdraw money. Can you open new acct if you are senior citizen?
Please also make a video on how may one invest PPF maturity amount in retirement income generation instruments?
Hello, thanks for your suggestion. Will forward it to our content team.
Excellent video. Can you tell how to close the account premature upon the death of the account holder and transfer the money to legal heir?
I'm already joined etmoney NPS rs 1 lack but not found withdrawal. How? Please explain me
Sir please tell how can I link my ppf account which is at post office with my bank account net banking
My Dad opened PPF account in 2000 for my daughter when she was born in US ( he passed away in 2015). He kept adding money to her account on my behalf from my NRO account in India between 2000 to 2009 . Did not take any tax deductions as there was no income in India. We applied to close this account in GPO since two years in 2021 and no action is being taken. GPO's PPF office kept her account closure application, passbook and her ID documents. What can we do?
That's why I don't invest in government policies.
Pls check which ac it is linked with. Proceed with them
Spend few hours 6-10 hours at least preparing quick reference the file. Arrange the transaction made chronologically.Get the genuine documents certifying that you are authorised and legal heir to accumulated amount. Take NOC from next of kin of your father.
With these details send hard copy letter to GPO headquarters with copy to local post office and regional head quarters. Keep one copy in reference folder. Send first reminder after two months and there after every month.
Do that for one year.If none of the agencies responded, meet Lawyer dealing such cases . put RTI and send legal notice seeking penalty interest.As long as you are correct No one can deny the amount.
@@jsreekanth4u gpo mn gpf ka hota h ppf ka nahi....kindly check properly
Why GPO? You stay in US and do not know these basic?
V. Good vede🎉o. If I did not apply for extenssion then what will happen if I withdraw after another 5 yrs what will happen
Sir if we extend post 15 yrs..do we still get the tax benefit under 80c
Can you please give an example for the withdrawal after completing 5 years. Say after 5 years have 8 lakhs total..what amount can be withdrawn? I didn't get the whichever is lower part. Thanks in advance
Hello, you can make a partial withdrawal only after 5 completed financial years. If your PPF account has completed 5 financial years, you can withdraw 50% of the corpus at the end of the financial year or 50% of the corpus at the end of the 4th financial year preceding the year of application, whichever is lower. To get the exact amount applicable in your case, you can contact your bank or the post office.
5 years condition is from the first deposit or separately for each deposit?
For example, I made my first deposit of ₹1L on 5-3-2018 and kept investing ₹ 1L every year.
Balance on 31-3-20 = 3,00,000 (1L + 1L + 1L)
(Assuming no interest for simplicity)
Will I be eligible to withdraw 50% of 1,00,000 or 50% of 3,00,000 in FY 2023-24?
Hello, Thanks for the information shared. Can you prepare a video on EPF withdrawals & its tax implications?
Hello, please do share the video with your friends and family as well. We already have a video on the EPF. Please check ruclips.net/video/lBagn--KERk/видео.html.
How to close a deactivated PPF account?
I have made a premature withdrawal 2 years back. Can I make another withdrawal this year?
If we choose extension with contribution, then do we get tax benifit on the contribution?
Yes
Isse achha to Mutual funds mein invest karna hain..Investment of same amount through SIP in mutual funds can give us much higher return than PPF. The PPF interest rate has been fixed at 7.1% for the last 3 years, increase karne ka koi indication nehi hain ulta aur bhi ghat jane ka dar hain
Can we change bank branch of PPF account?
Hi sir, what is the way to invest for my child's education who is 1 year old...pls suggest
Hello, children's higher education is a long-term goal. You can find out the corpus required at the time when the goal is due and start SIPs in equity funds to accumulate the amount. We also have a video on children's funds. You can watch it at ruclips.net/video/pTPtxE_BkAc/видео.html.
My PPF account started from 2007 almost 18 year but due to company switch account number is transferred from one account to another how it will calculated
Can one withdraw from ppf account before its maturity (15 years)?
My PPF, after several 5 year extended blocks, matured on 18th March 2023. They paid full interest upto 31.3.23. When I went to withdraw the full amount on 14th April, 2023, the bank SBI didn't pay any interest from 1st April to 14th April, 2023. Is this correct ?
Hello, the PPF interest is calculated on a daily basis but it is credited at the end of the financial year. Since the interest from 1st April to 14th April falls in FY24, you should receive it at the end of the financial year. However, we would suggest that you contact your bank regarding this.
Very nice video. Thank you so much.
Can u pls make a similar video related to EPF.
Hello, glad to know you liked this video. Please share it with your friends and family as well. We do have a video on the EPF as well: ruclips.net/video/lBagn--KERk/видео.html.
How to invest SIP or Corpus
Hello, either is okay. If you want to invest in the PPF every month, in a systematic manner, it's okay. However, if you want to invest lump sums, that's fine as well. One small thing: to ensure that your contribution earns interest from the same month, invest in the PPF before the 5th of the month. If you invest after 5th, the contribution will start earning interest from the next month.
will interest be calculated again and decreased by 1% even if i close after 27 years?
Good
If I extend the scheme after five years and contribute, i know that I may withdraw 60% of the money in one year at the beginning of extension. But is 60% amount is the total amount which I can withdraw during the whole tenure of five years,or I may again withdraw 60% of the remaining amount in next year or any subsequent year?
Please inform and oblige. I am a senior citizen and have extended the scheme for five years with contributions.
Sir How Can I transfer my all amount to my NPS Account?
Please suggest 🙏
Sir Please advice that how can I transfer my all ppf deposited amount to my NPS account 🙏
Similar and more comprehensive video should be made on EPFO
- Benefits
- Transfer & Merger
- Withdrawal eligibility
- Withdrawal process
- Taxation on Employee & Employer contributions for private and govt employees
and more
Hello, thanks for your suggestion. Will forward it to our content team. For now, please feel free to watch one of our existing videos on the EPF: ruclips.net/video/lBagn--KERk/видео.html.
My grand father whose age is 97 wants to close his PPF account.his account is almost 28 years old.
he is in the middle of the 5 year extension as well.
will he loose any money if he shuts his PPF account?
Should I continue my PPF account after maturity or Should I invest the corpus in mutual funds for long term?
Hello, that would depend on your personal requirements and risk profile. Equity funds can generate better returns over the long term but they are also volatile. On the other hand, the PPF is steady and carries no risk. So, decide appropriately.
Any day in this market invest is mf or shares !!! Also u can withdraw anytime!!
Sir after maturity im not extended my account within one year if i can continue the account for another 2 to 3 years in the same status .if i get the interest and that interest will be tax free ?
Hello, if you don't do anything after the maturity of the PPF account, your account is automatically extended for 5 years without contribution. You can, however, withdraw up to the entire corpus once a year. When your account is extended, your corpus will continue to earn interest and any withdrawals are tax-free.
Suppose someone does nothing.. after 15 yrs
What will happen then
Sir, after going for ppf loan, can we repay the loan back, during the tenure
Hello, yes, the loan on the PPF is a short-term loan of 36 months and needs to be repaid during the tenure of the PPF. You can avail of a loan against the PPF between the third and the sixth financial year of opening your PPF account. The loan can be up to 25% of the PPF balance at the end of the preceding two years' closing balance. The interest rate is 1% higher than the prevailing PPF interest rate and remains unchanged for the loan tenure. If you fail to pay the loan back in 36 months, then the interest is charged at 6% higher than the prevailing PPF rate.
Hello, thanks for the infortive video.
Could you answer my question.
Let us i have choosed invest into PPF ln monthly basis, what is the end date wille be calculated for maturity. Does it work in the same way how ELSS locking works ?
Hello, PPF doesn't work like ELSS, where each of your investments will have a 3-year lock-in period. In the PPF, the overall account tenure is 15 years. This 15-year period is calculated from the end of the financial year in which you make the first deposit. You can invest up to Rs 1.5 lakh in a financial year in your PPF account. If you wish, you can make monthly investments as well. But the overall tenure of the account will be 15 years, irrespective of when you make the incremental investments.
Sir sip me withdrawal ka option nhi aa rha h.
Hello, if you are facing any issues with the ET Money app, you can contact us by visiting www.etmoney.com/help. You can raise a ticket on this page and a customer service executive will get back to you soon.
You mentioned the extension can happen within 1 year of PPF maturity. So someone misses that then there's no way to extend and contribute to the account even after first 5 year block?
My ppf gets mature and I keep it as it is without contribution, will I get tax benefit in 80C as I used to get???
Without contribution u can't get 80C. 80C is for the amount contributed during that financial year
I have extended for 5 years can i withdraw after 3 years. and how much?
Hello, yes you can withdraw after 3 years but how much, that will depend on whether you have extended your PPF account with or without contribution. If you have extended your PPF account without contribution, you can withdraw up to the 100% of your corpus. If you have extended the PPF account with contribution, you can withdraw up to 60% of the corpus at the start of the extension period. Please also note that in both the cases, you can make just one withdrawal in a financial year.
@@ETMONEYsir if we invest 1.5 lakh in one shot on 1st April every year , then after 15 years , how much can we expect is it more then 40 lakhs or how is it
What about nris
Who opened the ppf account before becoming NRI?
NRIs hve option of OIC card. They can get OIC card made, and under OIC card they can withdraw from PPF, NPS etc.
Hello, NRIs are not allowed to open a new PPF account or even extend an existing one. If someone opened a PPF account and later that person became an NRI, such an account will have to be closed on its maturity after 15 years.
If the NRI withdraws the PPF amount on maturity into the NRO account is it taxable? How much would you be charged? Do you recommend to continue investing in PPF once your status changes to NRI?
Can we withdraw full amount after 16-17 years in case of extension without contributions
Absolutely
My ppf will mature on 1st april 2024. I want to withdraw completely, close the account and then start a fresh account in other bank. Is it allowed?
This is not the correct way, again new ppf account will be blocked for 6 years
Hello, yes, you can close the PPF account on maturity and start a fresh one. However, at any point in time, you can have just one PPF account.
You are saying 50lakh .how can one have 50 lakh in 15 years even if pays 1.5 lakh yearly
PPF limit should increase for better benefit
I have one query. If PPF is extended with contribution option is opted in the year of 2022, Can I withdraw 60% in April 2024?
Govt cuts tax directly from salary account but it doesn't deposit ppf to that account after it matures
I want to ask one question
1. I have ppf account from last 5 years
my wife having joint saving account with me but her pan card mentioned on account so can she can open ppf account separately??
Hello, yes, your wife can open a separate PPF account. Regarding how to use your joint savings account, you can check with your bank.
Now FD gives more returns than PPF
If I am contributing 12500/- a month and i want to contribute 24000/- a mont what is the procedure?
Hello, you cannot invest more than 1.5 lakh in the PPF in a financial year. So, Rs 12,500 per month is the maximum you can invest.
Dear sir,
I have opened ppf account on 11/09/2008 with bank. Now I have some questions. Please clarify :-
1. Can I withdraw my full corpus on 11/09/2023 or 01/04/2024 ?
2. If it is withdrawable on 11/09/2023, Will the bank pay the interest for the period from 01/04/2023 to 10/09/2023 ?
3. If it is not withdrawable on 11/09/2023, Will the bank pay the interest for the period from10/09/2023 to 31/03/2024 on 01/04/2024 ?
did you receive interest for the extra few months or not ?
@@abhinavgupta01 yes
How to transfer PPF account from 1 bank to other bank?
Hello, the PPF account is transferable from one bank to another. Please contact your bank and they will assist you.
Very informative..can you also pls do a video on Sukanya Samrudhi? Keen in understanding if OCI children can stay invested in this scheme and what happens if they move to another country..whether we can withdraw the corpus or not
Hello, thanks for liking the video. Please share it with others as well. We do have a video on Sukanya Samriddhi Yojana. Please check ruclips.net/video/vFeH2lu6TGU/видео.html.
Mera 10000 wodroh nahin ho raha hai
Hello, you can contact the bank or the post office an find out why that's so.
After 15 years ppf ki maturity automatically linked bank account mein transfer ho jayegi ya iske liye ppf related documents & withdraw forms fill karne honge??. Please clarify this doubt.
You can extend it by another 5 years. In this period,you need not deposit money in each year. Or you need to ask your bank to transfer whole corpus to your linked bank account and close the account.
Try to extend PPF a/c as much as possible. Only incase of emergency, you close the same. Or continue the account by normal process. KYC needs to be done before closure.
Hello, after the completion of 15 years, you will have to contact the bank or the post office where you have your PPF account. There is no automatic transfer of the corpus. Only after you have filled up the required forms can you withdraw the PPF balance.
🎉@@krishkamal1
@@ETMONEY Explain in proper detail for "FULL CLOSURE" . If account completes 15 years in 2029 Dec 15. I will have to wait till 2030 April 1st right. When should i fill some "form c ..etc" and submit in bank. On Dec 15 or Dec 16 or March 31 or Apr 1st or Apr 2nd or Apr 3rd or May 5. If i contact them on June 1st ? will bank say sorry your account got auto renewed for 5 years . Then i again go to bank on 2035 May 2nd . Then bank will say, I am sorry account got auto renewed , pleas come on 2040. (Explain in detail, don't explain parital withdrawal, auto renewal ..etc. .Just explain what is process, when should i contact bank with bank . Can i submit form c or something like than 6 months in advance or should i wait for Muhurat on April 1st . What if April 1st is 2nd saturday. Can i go on April 3rd . Will bank say it got auto renewed. So the depositer will never get his money. )
PPF not worth at all, think from the fact 40lacs ,, 5 yrs back from now consider today's worth and think about 5 to 10 years from now, value of money remain same due to high inflation... 40 lacs 15 yrs from now is equivalent to 10 lacs in today's worth ...
It is just play game of government.
Nahi karoonga subscribe
But paisa kaise widrawl kare??????
Hello, after your PPF account has matured, you can contact your bank or post office where you have your PPF account. You will be required to fill up some forms for withdrawal.
@@ETMONEYOnline withdrawal system needs to be implemented
Never listen to these. One day, Pappu will come and make final maturity amount taxable
Hindi sir
Hello, we understand that you would prefer to watch this video in Hindi. However, this is our English RUclips channel. You can visit our Hindi channel at www.youtube.com/@etmoneyhindi/videos. It has many insightful videos as well. Many of the videos on the English channel are also translated and posted on the Hindi channel.
Are uncle Hindi mein bol lete, PPF account business men ko nahi samjhanaa, common men ko samjhaana hai
PPF is a loss making Investment, 1.5 lacs every year will make 45 lacs in 16 years,
1.5 lacs per year in any Nifty 50/blue-chip funds will give you 5 crores in 16 years with almost no risk.
No risk? Who said that?
Never ever invest in ppf
Very informative and useful
How many times can a PPF account be extended?
I have already extended my PPF account two times. Can I extend third time also?
Please guide.
Yes Sir you can extend it (every time it was for 5 years)as many time as you wish