Opening PPF for my wife instead for myself

POSTED BY Harpreet S Ubhi ON August 3, 2012 11:42 am COMMENTS (4)

Hello Manish,

I do not have any PPF account till date. And I’m quite jittery about opening with SBI. My wife has a Savings bank account with ICICI and hence I will be able to open the PPF account quite easily with them through the web banking channel.

1. Are there any repercussions on opening a PPF account for my wife rather, for my self ?
2. Will there be any issues for her for opening this account as she is not working.

Regards
Harpreet

4 replies on this article “Opening PPF for my wife instead for myself”

  1. gaurav M says:

    What is the ICICI PPF Withdrawal policy?

    Dear Care@ICICCI, please explain the same

  2. ICICI Bank Care says:

    Hi,

    Please send us your contact details at care@icicibank.com and our official will get back to you soon. Kindly refer ‘3259193’ in the subject line.

    Regards,
    ICICI Bank Customer Service Team

  3. Dear Harpreet, please go ahead & open one account under her name. You ‘ll be able to save tax for the investment done under her name in PPF.

    Thanks

    Ashal

    1. Harpreet S Ubhi says:

      Hello Ashal,

      Thanks for your reply.

      I will open a account now with ICICI.

      Thanks for your prompt reply.

      Regards
      Harpreet

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Download Our FREE Ebook!

Available only for first 100 people today

Download Our FREE Ebook!

Available only for first 100 people today