The Indian government has rules for Public Provident Fund (PPF) accounts. Generally, one person can only have one PPF account. You can open an account for a minor child, but the total money deposited in both accounts has a yearly limit. Recent reports suggest new rules about how interest is calculated on multiple accounts.

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One PPF Account Allowed Per Person in India

Learn the rules about Public Provident Fund (PPF) accounts in India. Find out if you can have more than one PPF account and rules for minors.