5 replies on this article “Is it possible to have 2 PPF accounts in a family, one in husband name and second in wife name ?”

1. Ashal Jauhari says:

   August 8, 2013 at 4:51 am

   Dear Srinivas, a guardian can be only for minor accouts. Adults can not have such thing. 🙂

   thanks

   Ashal

   Reply
2. Ashal Jauhari says:

   August 8, 2013 at 4:50 am

   Dear Ravikanth, yes your wife can deposit from her own savings as well as you can also deposit from your own money into her account. So intotal a husband can invest 2L Rs. 1 for self & 1 for wife.

   Thanks

   Ashal

   Reply
3. srinivas bandaru says:

   August 7, 2013 at 8:38 pm

   Dear Ravikanth, if both husband and wife are working, then only u can invest 2 lakhs ( i lakh per account), if ur wife is not working, then you’ll be the guardian.so the investment in ppf account will be your money, hence u can invest only upto 1 lakh if u have 2 accounts ( 1 on your name and 1 on your wife name). Similar case with the children also. If u r the only person working in your family then max investment can be 1 lakh only. I hope you understood.

   thanks

   srinivas

   Reply
4. Ravikanth says:

   August 7, 2013 at 7:29 pm

   Thanks Biswa, but my detailed question didn’t appear above.. Like to know both account put together whether investment can be done upto 2 lakhs (one lakh in each acct) if my wife is not working and she use her saving to deposit in her PPF account.

   Reply
5. Biswa Singh says:

   August 7, 2013 at 7:21 pm

   Ofcourse its possible. Each individual can have one PPF account including child.

   Reply

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