Ask Value Research

Can she open another PPF account?

If your daughter is a major now, she can operate her Public Provident Fund (PPF) account

I have a Public Provident Fund account in the name of my daughter who was a minor at that time. Now, she has started earning and would like to invest in PPF. Can she start a new account? If no, what is the way out?
- R S Jathar

If your daughter is a major now, she can operate her Public Provident Fund (PPF) account. She cannot open a new PPF account as a person can have only one PPF account in her name at any point of time.

This article was originally published on February 17, 2016.

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