PPF is a safe place to invest your money. It gives a return of more than 7 percent. The return is guaranteed, which means the profit does not depend on the stock market. The special thing about PPF is that the money you get from it is tax-free.

People usually invest in PPF for a long time to save money for their retirement. At the same time, you can also use this money for big expenses like your child’s marriage or higher education. Today, we will learn about the situations when you can make an early withdrawal from your PPF account.

How to Withdraw Money Before Maturity?

You cannot withdraw money from PPF before 6 years. But after 6 years, you can withdraw the money in some special cases.

When Can You Withdraw Early?

You can withdraw money for your child’s higher education, like college fees or increased school fees. Also, if your child, wife, or husband has a serious or life-threatening illness, you can withdraw money from your PPF account.

What Happens If You Withdraw Early?

If you withdraw money before the full term ends, you will lose 1 percent interest on your PPF balance.

How Much Can You Withdraw?

You can withdraw up to 50 percent of the balance available at the end of the fourth financial year before the year you want to withdraw. You can only make one withdrawal per year.

How to Earn Stable Income After Withdrawal?

You can use SWP (Systematic Withdrawal Plan) with your PPF money to get a fixed monthly income. The remaining money is invested in the stock market to grow further.

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