Quote Originally Posted by dominate View Post
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?
On each account there is a deposit limit of Rs.70000/-.