Is it advisable to withdraw some amount from GPF account during emergencies?

POSTED BY Vyasang ON February 3, 2014 1:14 pm COMMENTS (2)

Is it advisable to withdraw some amount from GPF account during emergencies?

2 replies on this article “Is it advisable to withdraw some amount from GPF account during emergencies?”

  1. Viren Phansalkar says:

    Hello Vyasang,
    You would be destroying the compounding…
    However, as Ashal said, what can you do if you do not have any other backing…..
    If you are making an exception this time by withdrawing from GPF, make sure you start building your emergency fund immediately and you do not have to bother about this question again 🙂

    http://www.iamnospecial.blogspot.com

  2. ashalanshu says:

    Dear Vyasang, if you do not have any other emergency funding back up, what else you can do?

    Thanks

    Ashal

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