Can I open a new PPF account in my son's name?

[dominate]

I have one PPF account in SBI in my name. Now I want to open another account in the name of my son (who is 5 years old). Can I open an account in his name? I am already deposited full Rs. 70,000/- in my account ( FY2011-12). Can I deposit additional money in my sons account, around Rs.10,000 or 20,000 or is there any limit?

Similar Threads:

• Want to close PPF account of Post office and open new PPF account in SBI.
• looking to open a PPF account online?
• How to open PPF account online?
• Can I open PPF account in my wife's name?
• Can a NRI open a PPF account?