View Full Version : How much amount I can deposit in each four PPF accounts?

17-11-2012, 06:32 PM
Dear Sir

As per your website I came to know that one may open P.P.F account in his name ,his wife name and two minor children as guardian i.e four accounts. I would like to know whether the deposit of rupees one lac may be done in each PPF account in every financial year

Thanking you
BN Srivastava

Via email - srivastavab

18-11-2012, 05:22 PM
You can deposit Rs. 100,000 in each of the PPF account (i.e. 4,00,000 = 4 x 100,000) but maximum amount you can claim up 100,000/- in a year for IT Rebate.