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PPF maturity terms conditions

SI Set up Option

  1. I shall adhere to the ceiling on deposits as provided for by Central Government from time to time for my accounts i.e. individual self-account and/ or account(s) held on behalf of minor(s) under my guardianship a) Minimum Amount of ₹ XXX (and thereafter in multiples of ₹ X, subject to a maximum of ₹ X,XX,XXX/- per financial year may be deposited b) The amount can be deposited in lump sum or in a maximum of XX installments per year
  2. I am aware that Standing Instructions cannot be a setup for a matured PPF account. To check the PPF Account maturity date, Click here
  3. I am aware that Standing Instructions are not set up in case there are no deposits to this account in the last financial year(s) -Kindly regularize your account and deposit the penalty by visiting the nearest ICICI Bank Branch
  4. Earlier standing instructions, if any, set in my account will be cancelled and new standing instructions will be set as per the instructions mentioned above
  5. In case of a holiday the standing instruction would be executed on the next working day

 

Online request for continuance of account under Public Provident Fund Scheme, 1968 beyond 15 years

  1. I wish to continue to subscribe to my above referred account for a further block period of X years according to the limits prescribed in paragraph X of the Scheme
  2. I confirm that my Public Provident Fund Account has completed XX years after the initial year of its commencement. To check the PPF Account maturity date, Click here
  3. I hereby confirm that PPF Account extension is being undertaken within one financial year after maturity or after expiry of previous extension
  4. I am aware that PPF Account cannot be extended in case there are no deposits to this account in the last financial year(s) -Kindly regularize your account and deposit the penalty by visiting the nearest ICICI Bank Branch

 

Online request for withdrawals under the Public Provident Fund Scheme, 1968

  1. Online request for withdrawals under the Public Provident Fund Scheme, 1968
  2. I wish to withdraw the balance available in my Public Provident Fund Account as the account has attained maturity from the end of the year in which the initial subscription was made
  3. I have not made any withdrawal in the current year
  4. I have not availed any loan against the aforesaid account
  5. The proceeds will be credited to my Savings Account linked to the Public Provident Account
  6. In case withdrawal is sought from a minor’s account, I confirm that the amount sought to be withdrawn is required for the use of Minor who is alive and is still a minor
  7. To check the PPF Account maturity date, Click here
  8. This request will be completed in X working days