Eligibility Criteria for Opening PPF Account
Detailed below the Criteria for person who is eligible for opening ppf account and about what is the age limit for opening a ppf account:
- Applicant can be a resident Indian
- The applicant's age should be 18 years or above
- Applicant can be a minor under the guardianship of the parent
- An NRI (Non-resident Indian) cannot open a PPF account. However, an Indian resident PPF account holder who obtains NRI status after opening a PPF account could continue his/ her PPF account until its maturity
- HUF (Hindu Undivided Family) cannot open a PPF account