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Thread: Can I open PPF account in my wife's name?

  1. #1
    PolicyWala Newbie
    Join Date
    Mar 2009
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    Question Can I open PPF account in my wife's name?

    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



  2. #2
    PolicyWala Newbie
    Join Date
    May 2009
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    India
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    34

    Default

    You can. No problem.

  3. #3
    Super Moderator PolicyWala's Avatar
    Join Date
    Feb 2009
    Location
    New Delhi
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    675

    Default

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


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