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Ppf account of minor

This query is : Resolved 

09 October 2014 Sir,

A person had a PPF account opened by his parents when he was a minor. The same got closed when he attained majority.

Now he wants to open a PPF account as he is a major all by himself.

Can he do so, bcos a person can open only one PPF account.

09 October 2014 Yes he can open. You can not have two running account at the same time. Since earlier account is closed. New PPF can be opened.



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