How many times i can renew my PPF account after completion of 15 years

Ans: Yes, you can extend your PPF for a lifetime in a block of five years every time.

If you are continuing to make contributions after the extension of your PPF account beyond the first 15 years, you can withdraw upto a maximum of 60 per cent of the accumulated amount at the end of the previous renewal period.

Withdrawals are restricted to one per year.

Ans: The minimum duration is 15 years which can be extended by 5 years

Ans: There is no limit on number of renewals as per current rules in vogue.

Ans: I would rather suggest something a little more liquid like a BAF fund of agressive hybrid fund where you can start with an swp of 5-6% every year in monthly mode as that will give you some exposure to equity markets and appreciation of capital after inflation effect.

Ans: No, it is not mandatory to renew PPF every 5 years with no fresh contributions. After your PPF account matures after 15 years, you have three options:

• Extending PPF account without new deposits

• Extension of PFF account with fresh deposits

• Close the PPF account after 15 years

*Extend the account without fresh deposits - A PPF account holder can continue his/her account after maturity without making any further deposits. You can continue the account for as long as you wish. The PPF account will continue to earn interest rates applicable to the scheme.

Account holders can withdraw any amount from their account balance every year. But please note that once the account is continued without new deposits for more than a year, then the account holder does not get the option to continue again with deposits.