TMI BlogWithdrawal from the FundX X X X Extracts X X X X X X X X Extracts X X X X ..... o the accounts office, for withdrawing from the balance to his credit and amount not exceeding fifty per cent of the amount that stood to his credit at the end of the fourth year immediately preceding the year of withdrawal or at the end of the preceding year, whichever is lower, less the amount of loan, if any, drawn by him under paragraph 10 and which remains to be repaid: Provided that not ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ass book to the accounts office for the withdrawal of the entire balance standing to his credit and the accounts office, on receipt of such an application from the subscriber, shall subject to the provisions of sub-paragraph (4) allow the withdrawal of the entire balance (together with interest up to the last day of the month preceding the month in which the application for withdrawal is made) aft ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e fifteen years from end of the year in which initial subscription was made, has already been completed, they shall also be closed at the end of the current year, i.e., the 31st day of March, 2011 and the entire amount standing at the credit of the subscriber shall be refunded, after making adjustments, if any, in respect of any interest due from the subscriber on loans taken by him. ] (3A) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of the balance at his credit at the commencement of the said period. Note : A subscriber may at his option (to be exercised before the expiry of the first year of every extended block period) avail of this facility for a further block of 5 years on expiry of 20 years or on expiry of 25 years and so on, from the end of the year in which the initial subscription was made. (4) Where the appli ..... X X X X Extracts X X X X X X X X Extracts X X X X
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