I am keen on depositing to PPF account. What is the maximum age allowed for a person to open a PPF account? Is there a limit on maximum duration for which a person can contribute to PPF account?
PPF account facility is open to all irrespective of their caste, culture, gender and age. Even a minor can open account under his/ her guardian. 80 years old can also open account. The accounts opened for initial 15 years after which it is extendable in the multiple if 5 years and can be continued till the time you desire to continue it.