Home   >>    Investment   >>    PPF

What is the legal status of the PPF account should I be involved in some legal dispute?

The balance in a PPF account cannot be attached under an order or decree of a court.

03 Dec 2008

The balance in a PPF account cannot be attached under an order or decree of a court. This simply means that if you are involved in a legal dispute, a court cannot attach or question the money in your PPF account, as would be the case when it comes to your other personal property. But, the PPF account can be attached by the Income Tax and Estate Duty authorities.



44.58 Lakh satisfied customers till Sep 2016
Get Loan Offers
Instant Home Loan Offers Instant Car Loan Offers Instant Personal Loan Offers
     
Instant Loan against Property Offers Instant Education Loan Offers Instant Credit Card Offers
Get Insurance Proposals
Instant Life Insurance Offers Instant Health Insurance Offers Instant Car Insurance Offers