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Product Description

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You can close your PPF account early if you, your spouse, or your dependent children are diagnosed with a life-threatening illness, if you or your dependent children require funds for higher education, or if your residency status changes, such as when you become a Non-Resident Indian (NRI).

If you choose to close your account prematurely, a 1% penalty on the interest is deducted, calculated from the date the account was opened or extended.asset management companies Secure Financial Investments: Double Your Wealth Fast