FAQs

• What is the maximum amount that can be deposited in a PPF account?

  The maximum amount that can be deposited in a PPF account in a financial year is Rs. 1.5 lakh. This limit applies to both individual and HUF accounts.

• Can I open a PPF account for my child?

  Yes, you can open a PPF account for your child. However, the account will be in your name, and you will be the guardian of the account until the child reaches the age of majority.

• What is the lock-in period for PPF investments?

  The funds invested in a PPF (Public Provident Fund) account have a lock-in period of 15 years. Additionally, the maturity period for PPF investments is also 15 years from the date of opening the account.