SENSEX
NIFTY
GOLD
USD/INR

Weather

image 36    C

Economy News

Livemint

Economy / Livemint

details

Can PPF investors open multiple accounts in different banks? Rules explained

The Public Provident Fund (PPF) is a government-backed savings scheme in India, offering 7.1% interest with tax benefits. Individuals can only maintain one account to prevent misuse of tax benefits.

22 May 2026 11:13 pm