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Published on: 2025-03-08 05:37:10 Published on: 2025-03-08 05:37:10

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You can close your PPF account early if you, your spouse, or your dependent children are diagnosed with a life-threatening illness, if you or your dependent children require funds for higher education, or if your residency status changes, such as when you become a Non-Resident Indian (NRI).

If you choose to close your account prematurely, a 1% penalty on the interest is deducted, calculated from the date the account was opened or extended.blnk stock Online Income Made Easy: Start Earning Today

Editor: 【Job Network】