LawRato

Procedure to withdraw money from PFF account


16-May-2023 (In Banking / Finance Law)
Is there any option to withdraw money from my PPF account, I put large sums of money in my PPF account but I need it now for my business. The PPF is 2-3 years old and I can't find a method to withdraw my money from PPF. Is there any legal way to get the money out of my PPF so that I can use it for my business.
Answers (1)

Answer #1
606 votes
You will have to approach your bank or post office where your PPF account exist, they will provide you a form which yiu will have to fill up and deposit with them. Only then they will procedd your application for withdrawl.

Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.

Report abuse?

Comments by Users

No Comments! Be the first one to comment.

"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."