Accountancy, asked by VJWinchester, 8 months ago

who all can deposit money in an adults' PPF account?​

Answers

Answered by vishishtha1504
0

Answer:

Any individual can open a PPF account and invest money in it. Considered one of the most ideal savings avenues for several investors, PPF investments also help in tax-saving. Additionally, not only adults but minors can also get their PPF account opened. However, the minor himself cannot open the account.

Answered by ambikayadav23
2

There is no age limit for opening a PPF account. Both adults and minors can have a PPF account. However, in the case of minors who are below 18 years, the account should be operated by a guardian on his/her behalf until he/she turns 18.

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