Public Provident Fund Withdrawal Rules | PPF Scheme Withdrawal Status Online

Did you want to withdraw some amount from your PPF Account? Then it is very important to know the PPF Withdrawal Rules and benefits. Because these rules only will provide complete information i.e, when and how much amount you should withdraw from PPF Account? You can get the partial Public Provident Fund Withdrawal rules from here. So, know all PPF withdrawal rules and check status through online by following some steps. Check interest rates of the particular Financial year and then calculate the amount with the help of PPF Calculator.

PPF Withdrawal Rules 2017

The PPF Scheme has very strict and specific rules to withdraw an amount from the Account. Normally, one can withdraw the full amount only after the maturity period of 15 years. But in any case of emergency, you can withdraw some amount from the 7th financial year onwards to till 15th year. So for withdrawing, there are some PPF Withdrawal rules which we need to follow. Mainly PPF is a long term savings Account and also good end tax-free return investment. The PPF Account’s maturity period is 15 years. In case if you want to continue your PPF account after 15 years then you can extend the maturity period with a block of 5 years.

It is very important to keep in mind that every financial year time duration starts from 1st of April – to the 31st of March the next year. Here we have explained about the partial Public Provident Fund Withdraw. Thus, you will get full clarity by observing the example from the below sections. Also, check the PPF Withdrawal Rules and process from the below sections

PPF Partial Withdraw Rules and Process

We have provided the rules in detail with an example. One can withdraw the amount in PPF Account from the 7th year. So, by using PPF Calculator, you can check your withdraw amount. The amount which is obtained by calculating based on the interest rate is the only amount that you can withdraw. For example, if a person starts PPF Account from 1st April 2016. Then the person can start withdrawing money from the year 2022 i.e. from the 7th financial year. Suppose if a person deposited  Rs.10,000/- Then

Year Opening Balance Depoisted Amount Rate of interest Closing Balance Loan Withdrawal Amount
1 Rs. 0/- Rs. 10000/- Rs. 810/- Rs. 10810/-
2 Rs. 10810/- Rs. 10000/- Rs. 1686/- Rs. 22496/-
3 Rs. 22496/- Rs. 10000/- Rs. 2632/- Rs. 35128/- Rs. 2703/-
4 Rs. 35128/- Rs. 10000/- Rs. 3655/- Rs. 48783/- Rs. 5624/-
5 Rs. 48783/- Rs. 10000/- Rs. 4761/- Rs. 63544/- Rs. 8782/-
6 Rs. 63544/- Rs. 10000/- Rs. 5957/- Rs. 79501/- Rs. 12196/-
7 Rs. 79501/- Rs. 10000/- Rs. 7250/- Rs. 96751/- Rs. 17564/-
8 Rs. 96751/- Rs. 10000/- Rs. 8647/- Rs. 115398/- Rs. 24392/-
9 Rs. 115398/- Rs. 10000/- Rs. 10157/- Rs. 135555/- Rs. 31772/-
10 Rs. 135555/- Rs. 10000/- Rs. 11790/- Rs. 157345/- Rs. 39751/-
11 Rs. 157345/- Rs.  10000/- Rs. 13555/- Rs. 180900/- Rs. 48376/-
12 Rs. 180900/- Rs. 10000/- Rs. 15463/- Rs. 206363/- Rs. 57699/-
13 Rs. 206363/- Rs. 10000/- Rs. 17525/- Rs. 233888/- Rs. 67778/-
14 Rs. 233888/- Rs. 10000/- Rs. 19755/- Rs. 263643/- Rs. 78673/-
15 Rs. 263643/- Rs. 10000/- Rs. 22165/- Rs. 295808 Rs. 90450/-

PPF Closing Amount, Loan and Withdraw Amount Calculation

The interest rate is 8.10%. Based on the interest rate and also with the help of PPF Calculator you will get the correct amount. So, for the example which is given above, we will provide explanation i.e.

The Deposit Amount =Rs.10000/-

Rate of Interest = 8.10% then Closing amount for the first year is

Rate of Interest = 10000*8.10

=> 810/-

Closing Amount = Deposit Amount + Rate of Interest

=> 10810/-

In this way, the Closing amount of every year is calculated. Then after that, you have an option to take a loan from the 3rd financial year to the sixth year. For calculating Loan amount i.e.

deposit Amount = Rs.10000/-, the Rate of Interest = 8.10%, then the closing amount = 10810/-.

Loan for the third year = 25% of 1st year closing amount

=> 25*10810/100

=> Rs.2703/-

In the same way, the loan amount is also calculated for remaining years. Then from the 7th financial year, you can withdraw the amount from the PPF Account.

For the above example, you can withdraw the amount of Rs. 17564/- in the 7th financial year.

i.e. PPF withdraw Process = 50% of the 3rd year closing amount

=> 50*35128/100


In the same way, the withdrawn amount is calculated for remaining years. As mentioned earlier only one partial withdraw can be allowed for one year.

Note: A PPF Account cannot be closed for any reason, only except the death of the Account Holder.

PPF Calculator

Check PPF Withdrawal Status and Account Balance

Have you opened a PPF Account in a bank which is near to your house? Then by using the services like internet banking you can easily know your Account Balances and the withdraw status. It is simply by login to the website of the bank, then enter your details and click on submit. Finally, you can know your details. Apart from checking the status and the Account balance you can also transfer funds from your account to the others. Also, some banks provide the facility by linking the account with other savings account.

Till now if you don’t use the internet banking facilities then apply as soon as possible because it will save your time. With the help of internet banking, you need not visit the bank to check the Account balance and the PPF withdrawal status. In the case, if you applied PPF Account in a post office then you can not check details through online. So, you have to visit the post office along with your passbook to know your PPF Withdrawal status and Account Balance.

Premature Withdrawal of Public Provident Fund

As we told earlier that PPF is one of the Tax-free saving accounts. The PPF Scheme allows partial withdrawal after the completion of the 5th year. Mainly the premature withdraw helps you in the times of any emergencies such as medical treatments and in education. From above rules of the Public Provident Fund, the people can withdraw only 50% of the accumulated amount by the 5th financial year investment. But the permissible limit on withdrawal is higher if the account holders invested money between 7 years and 12 years.

The people who want to withdraw the amount should follow the PPF Withdrawal rules and should fill the Form C. Then fill your details in the Form C application form. Also, they should specify the number of years completed from the date of initial subscription. But however, only on the completion of 15 years, the person can withdraw the complete amount. Thus finally, you can open Bank account in any of the banks which manages the PPF Accounts. Also, you should only use the same bank to withdraw the amount.

Updated: February 23, 2017 — 11:18 am


Add a Comment
  1. Hello. My PPF a/c is more than 15 years old. Since 2017, if i make a partial withdrawal, is the amount tax-able, as per latest GoI rules?

  2. If I want to trasnfered my PPF A/c from Central Bank of India to Others BAnk whetehr it is possible.Please advised me.


  3. As per PPF withdrawal rules , one can withdraw 50% of balance as on 5th preceding year in a year . Does the year mean one financial year or after 12 months of last withdrawal made ? As for an example if one withdrawal is made on 10 June 2016 , can he not withdraw after 1st April 2017 in next financial year or will have to wait till 10 June 2017 ? Also is there any rule for special withdrawal in the same year due to medical emergency ?

  4. I have PPF account with SBI New Delhi but I am staying in Chennai for few years. Can I withdraw my fund from Chennai.

  5. Hello Sir/ Mam ,

    If i deposit 10000 every year for 15 year , and after 15 year i will close my ppf account so in that case ppf will give my whole amount or what ?

  6. Rajeev Kumar Mehra

    I have a PPF A/C. with SBI Preet Vihar, Delhi, the a/C. was opened in 1994 and subsequently transferred to the above branch, from Indira Nagar, Lucknow branch. The a/C. is still continuing as extended up to 31.03.2019.
    Ever since the opening of account, I had a partial withdrawal of Rs. 1,50,000/- during May 2014.
    Now again, due to emergency needs, I want withdraw maximum amount as partial withdrawal.
    The present balance in the account is Rs.4,82,027.53.
    Please let me know as to how much withdrawal is permissible. The account no. is 10137498121.
    An early response will be appreciated.
    Rajeev kr. Mehra.

  7. Sir,
    After compltion of 15 years, can I withdraw partial (25% , 30%, 40% etc of the PPF balance) and keep the balance with banks.I am not opting further 5years block.
    Say My PPF account completed 15 yrs in Dec 16, with balance of Rs.550,000 ( including Principal & Interest) I do not want to continue for next 5 years. I want money nearly 2.50Lacs. Can I withdraw this amount from PPF, keeping remaining balance of Rs.3.00lacs with the banks.

  8. Sanapala kanaka Satyanarayana doono39-17-18/7 maniyyam street madhavadhara Visakhapatnam ap pin no 530007


  10. Ppf account open on 28/8/2002.15 yrs completed on 28/8/17.when i can withdraw amount from account i.e. today or after march 18


  12. Have completed 15 years PPF in post office today (20.09.2017).
    I want to withdraw totally.
    When will I get my money?
    What documents have I to submit?

  13. i have completed my yrs and have extended for another 5yrs which will end in 2019. is it possible for me to withdraw the complete amount of the balance as on the end of 15th year.

  14. a query.. I hv extended my ppf account after 15 yrs.. Now.. Should I withdraw some amount every year? How much should I withdraw per year..

  15. Jasvinder Singh Sahni

    I have a balance of nearly ,3 lakhs on 31-3-2017, I had earlier withdrawn RS 2.3 lakhs on 23-12-2016. How much money can I withdraw now.

  16. As per the new rules of PPF, as we know, full withdrawal is permissible after completion of 5 years in case of medical/ education exigency.Please let us know whether it is true.

    1. My PPF A/C no.30097559905 at present lying with SBI (GOKHALE ROAD, KOLKATA, BRANCH), was initiated on 27/08/ 1998. But, to my utter surprise, it is being shown to have started in 2008 in the said bank’s records.
      When I contacted the branch manager & showed her all the records, she told me that it was a mistake in records made while computerising it, & that it cannot be corrected at present.
      Now , how can I come out of this mess created by the bank?

  17. Emergency thats why i am withdrawing ppf amount.

  18. I have a ppf account in SBI, Regent Estate branch. I want to withdraw some e legible amount from my account. Because I do not have a savings account in SBI the appropriate authority denied to transfer the same to some other bank. Is this logical?

  19. I have extended my ppf account for 5years on feb.2015 &now I want to withdraw full amount on medical ground in emergency but SBI branch Mayur market Gwalior is not agree to make full payment. My view is that it is completed 17.5yrs and after 15yrs u can make full payment or if extended period is not completed u may make full payment consider ing immature withdrawal with 1percent penalty

  20. my ppf account is with state bank of india.can i withdraw ppf amount online or transfer to my savings account without going to sbi branch.

  21. Is it mandatory to deposite money in PPF every year? or can i simply stop depositing & wait for maturity?

  22. Is there any new rule regarding total withdrawal before 15 yrs.

  23. I have PPF account with SBI. After maturity on 15th years i have extended it for 5 years. Now i want to withdraw on 2nd. Years for my daughter’s marriage. How much i can withraw?

  24. Near post office

  25. At the time of extendion of 5-Year Block one can withdraw 60 per cent of balance outstanding at the close of maturity on 15th year, 20th year, 25th year and so on. Please confirm if my understanding is correct.

  26. I had already completed 15 years of PPF account and extended for 5 years more. It on the 18th year running and 5 year block will expire on 2019 March. I wanto discontinue the PPF and withdraw the whole amount. Is is possible? If yes, what are the formalities.

  27. I have a PPF account in SBI. After intial 15 years I had extended this by 5 years with contribution. It has been 2 years since the extended period. Now I want to withdraw the amount (as per my knowledge it is 60%). But SBI official has shown online withdrawal limit very low. What is the rule.

  28. Relevant information Thank you.

  29. The above information does not give withdrawal procedure during extended blocks of five years. Please guide

  30. The Public Provident Fund account can be extended after 15 years in blocks of 5 years. What is the withdrawal rule during this block of 5 years?

  31. I have completed 15 years in ppf account now it is in 17 the year . I was having 6 lac after 15 years . Can I close the account and withdraw full money .

  32. I have an ppf account of my mother opened in 1994 its almost 23 years can i withdraw the full amount what to do plz help

  33. if saving account in post office is mandatory for withdrawal of matured ppf amount?

  34. respected sir,
    my saving account and ppf account in state bank of india prakash soceity, ghod dod road, surat
    recently i deposit in ppf account by mistake in this bank. amount is rs. 100000/- and this cheq is given from third party. so i can withdraw this amount in ppf account rs.100000/- my ppf account no is 33567679785 and sb account 34732776104. so please give your advice how to withdraw this amount from my ppf account

  35. Respected Sir,
    My both account in state bank of india prakash society branch surat in ppf account and saving account. I mistake to deposit in ppf account instead of saving account. This cheq deposit in my ppf account is third party. so please give to advice how to withdraw my ppf account no is 33567679785. amount is rs. 100000/-

  36. I was opened the PPF account in 18 th 2003 .In month of Mar 31St 2014 Bal was Rs 163190/- Then I was transferred my account to another branch in same bank.My passbook has completed 15 years on Dr 18 Jan 2018.I want to extend my period for another again 5 years.Now I want to withdrawal my amount of 50% of shown in Bal RS 400000/-My bank has not allowed me such amount.They will give RS 81000/_ Pl guide me

  37. Account opened in Jan 18 th 2003

  38. My ppf ac opened on 5/3/98 , extended for 5 years, it will be due on 31/3/98.SBI officer says me ,you cannot withdraw as this is 20th year,you only get final payment on 1/4/18.
    I want it for further 5 year extension .
    Please advice me.

  39. For buying a flat, after 7 years running PPF a/c one can withdraw how much when his closing balance is 10 lakh

  40. lets say my ppf account was opened on jan1, 20000if i submit rs1000 in 2014, so withdrawable amount for this rs1000 is 2016(considering opening date pf 2000) or 2030?

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