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Ppf maturity

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Querist : Anonymous

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Querist : Anonymous (Querist)
22 September 2011 CAN LEGAL HEIRS OF DECEASED PERSON WAIT TILL MATURITY OF PPF ACCOUNT
OR
IS IT COMPULSORY TO APPLY FOR MONEY (BEFORE MATURITY) AS EVENT OF DEATH OCCURS??

Any one plz help me..
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U S Sharma

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U S Sharma (Expert)
22 September 2011 maturity is applicable only when the subscriber is the claiment,
in case of death of subscriber, the nominee can claim it within six months of death, and such amounts would not be locked by rules of 15 years or maturity.
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