Can I have 2 PPF account?

According to the principles administering Public Opportune Asset (PPF) accounts in India, an individual is permitted to have just a single PPF account in their name. It implies you can't open more than one PPF account in your name at some random time.

However, there is an exception to this rule for minors. A parent or legal guardian can open a PPF account on behalf of a minor child. In such cases, the child's PPF account is separate from the parent's account, and the parent can also maintain their own PPF account.

It's essential to abide by the rules and regulations set by the government regarding PPF accounts to avoid any penalties or complications. If you have more than one PPF account inadvertently or due to any other reason, you should consider closing the additional account(s) to comply with the PPF rules. If you are unsure about your PPF account status or have any queries, it's advisable to consult with the bank or financial institution where you hold the PPF account or seek guidance from a financial advisor.

[Note: This isn't lic orginal site. This is the main thing to shear data about lic]

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