Public Provident Fund (PPF) is one of the most common and safest government-backed tax-saving investment instruments. It has a tenure of 15 years. However, if the need arises, one is allowed to make partial withdrawals after completing five years from the financial year in which the account is opened. For example, if one opens a PPF account in 2015-16, he will be allowed to make partial withdrawals from the financial year 2021-2022.
This article was originally published on August 26, 2022.