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Thread: Maximum amount I can deposit in a PPF account?

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  1. #1
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    But here it's saying maximum 70,000/- per year per account.

    Thread - http://www.policywala.com/forum/show...00-or-1-00-000
    You will pick up maximum wrong numbers when on roaming.

  2. #2
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    Quote Originally Posted by Madhura View Post
    But here it's saying maximum 70,000/- per year per account.
    Thread - http://www.policywala.com/forum/show...00-or-1-00-000
    Example -
    Maximum amount deposited in single PPF account - Rs.70000/-, tax saving rebate under 80C is 70,000/-
    Maximum amount deposited in single PPF account - Rs.1,00,000/-, tax saving rebate under 80C is 70,000/-
    Maximum amount deposited in two PPF account - Rs.2,00,000/-(1,00,000 each), tax saving rebate under 80C is 70,000/- for one account.

    Hope this clear your doubt.

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