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Can two adults open joint PPF account?

No, two adults cannot open a joint PPF account. An account has to be opened singly with one or more nominations.

03 Dec 2008

No, two adults cannot open a joint PPF account. An account has to be opened singly with one or more nominations.

It is advisable to open a separate account in your spouse's or minor children's name and keep contributing to it. You can claim tax benefits on the contributions made to their PPF accounts as well.



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