can i re-extend my ppf a/c for a further period of 5 years?



i had taken a five year extension after maturity( after fifteen years). i want to know whether i can again extend the same

can i re-extend my ppf a/c for a further period of 5 years?
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2 Replies to “can i re-extend my ppf a/c for a further period of 5 years?”

  1. As far as I am aware, You can extend it in block of 5 years again. But consider the below before you do that.

    If you close the account and open another fresh PPF account, you have access to 100 per cent of your account balance. On the other hand, if you keep extending the same account for a block of five years, you will be able to access only 60 per cent of your account balance at that time. This means that a chunk of your money gets blocked for five years. If you open up a fresh PF account, you can decide on the sum you wish to deposit with the entire maturity amount at your disposal. This will be an important consideration if you take into account interest rate cuts or hikes that might have happened or are likely to happen.

    Cheers 🙂


  2. You can extend in 5 year blocks any number of times.

    Never close a PPF a/c.

    Keep extending. After retirement , you can draw the interest portion every year as tax free pension and pay Rs 500 every year .





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