5 EPF & PPF Withdrawal Rules You Need to Know Before You Retire
Antara Bhattacharyya
EPF Withdrawal Age Limit You can withdraw your full EPF balance only after reaching 58 years of age, marking official retirement eligibility.
Partial EPF Withdrawals EPF allows partial withdrawals for specific needs like home purchase, education, or medical emergencies before retirement age.
PPF Lock-In Period PPF has a 15-year lock-in, but partial withdrawals are permitted from the 7th year onwards under certain conditions.
Tax on Withdrawals EPF withdrawals after five years of continuous service are tax-free, while premature ones may attract TDS and taxation.
Premature Closure Rules PPF premature closure is allowed after five years only for medical or higher education reasons, with reduced interest benefits.