POSTED BY March 4, 2011 8:44 pm COMMENTS (60)ON
As per law, there can be only one PPF account in the name of a person.Somewhere in the forum i read “one can open 2-3 PPF accounts in span of 2-3 years for liquidity”.
How this can be managed in case of family? If my family includes (Me, Wife , minor child), i suppose i can open 3 accounts (in their respective names ofcourse). Can my wife open a PPF account in the name of her daughter (for whom i have already a existing PPF)?
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