Need A Financial Product Forums Trading/Investments Will PPF investment limit remain same after child attains majority

This topic contains 1 reply, has 2 voices, and was last updated by  Mohit Mahajan 3 years, 4 months ago.

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    As per my knowledge, a person can invest maximum of Rs. 1, 00,000 to his PPF account including minor’s account. I want to know that does this limit remain same after the child’s attain majority or it automatically stands increased.


    Sarla Jadhav

    One can keep investing in the combined PPF account even after the child attains majority. The limit will not increase automatically. However, if you want a total limit of 2 lakhs then you can deposit the amount to your child’s savings account and from there he can invest it in his individual PPF account to claim tax benefit for it.

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