Can I open PPF account in my wife's name? [Sitemap]

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Imran

03-12-2010, 05:49 PM

I have PPF account in State Bank of India in my name. Can I open another PPF account in the name of my wife? She is not working at the moment. Please Advice.

Thanks,
Imran

Mukulz

03-12-2010, 08:01 PM

You can. No problem.

PolicyWala

06-12-2010, 08:19 PM

You can only deposit Rs. 70000/- maximum in both your and your wife's PPF account.