Can a Public Provident Fund (PPF) account be extended beyond three extensions? That is, can an account be extend beyond 30 years from its opening?
- SK Sarda
A Public Provident Fund (PPF) account matures after the completion of 15 financial years. However, on maturity, it can be extended any number of times by a block of 5 years each time. That means you can extend it even after 30 years by a block of five years at a time any number of times.
This article was originally published on April 28, 2016.
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