Results 1 to 2 of 2

Thread: How much amount I can deposit in each four PPF accounts?

  1. #1
    PW NewsDesk NewsDesk's Avatar
    Join Date
    May 2011
    Location
    Delhi
    Posts
    267

    Default How much amount I can deposit in each four PPF accounts?

    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



  2. #2
    Administrator
    Join Date
    Apr 2009
    Location
    Chennai
    Posts
    255

    Default

    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.
    You will pick up maximum wrong numbers when on roaming.


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •