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Can you close your PPF account before 15 years? | PPF withdrawal and closure rules

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Can you close your PPF account before 15 years? | PPF withdrawal and closure rules

The Public Provident Fund or PPF account can be closed before completing 15 years in 3 cases: treatment of life-threatening disease, higher education and a change in residency status of the account holder. But do keep in mind that when you prematurely close your PPF account, your interest is recalculated at 1% lower than what you actually earned.

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