The total of the proportionate amount of all your nominees should be 100 percent
08-Jun-2016•Research Desk
Can I nominate both my sons as Nominees to my PPF account with SBI? The clerk said I can nominate only one.
- Prabhakar Sunku
Yes, of course you can nominate both your sons to your PPF account.
You are allowed to nominate more than one person to the PPF. You should ensure that your nomination proportions all add up to 100 per cent. You may contact your bank and fill in the PPF nomination form. The form clearly states that you are allowed to nominate more than one person.
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