Is there some charges if withdrawn PPF amount before completing 15 years.

Hi ,

My father had expired and his PPF account had complted 14 financial years. I am nominee of his PPF account. I am not sure when to withdraw this amount. Is there some benefit for waiting for one more year and then withdraw?

What is best option for me:

1) Pay 500 , withdraw next year.

2)Do nothing this year and then withdraw next year.

3)Withdraw right now.

Thanks,

Ram