AdminThe Standard Commitment Period
A Public Provident Fund account matures after a completion of fifteen financial years This period is calculated from the end of the year in which you opened your account not the exact date of opening Your initial investment is thus locked in for this full duration fostering a disciplined and long term approach to wealth creation
The Flexibility of Extension
Upon maturity you are not forced to withdraw your funds You can choose to extend your PPF account indefinitely in blocks of five years with or without making further contributions This how long does ppf last continuation allows your savings to keep growing tax free offering a secure lifelong financial tool for post retirement years
Action at Maturity
When the fifteen year term concludes you must actively decide your next step You have a one year window to either withdraw the entire tax free corpus or continue the account by opting for an extension If no instruction is given the account will still earn interest but you cannot make fresh deposits during this inactive period
