PPF Scheme: If you want to add the name of your wife or any other family member to the PPF account, then you can do so by filling the required form, signing it and submitting it to that bank or post office. Where your PPF account has been opened.
PPF Investment: There are many mediums of investment available. People can increase their wealth through investment. At the same time, people can also invest through Public Provident Fund (PPF) in the country. PPF account can be opened in only one name, so the bank or post office must have asked you for the name of the nominee while opening the account. However, if you had not added the name of the nominee to the account while opening the PPF account, then you can get it updated later as well. If you invest in PPF account, then it is very important to do this work.
PPF account
If you want to add the name of your wife or any other family member to the PPF account, you can do so by filling up the required form, signing it and submitting it to the bank or post office where your PPF account is registered. Account has been opened. In this situation you have to contact the bank or post office.
PPF account
On the other hand, if there are many nominees in the account, then you can give information about who has to give how much share, so that in case of death of the account holder, each nominee can get that amount. Form F should be obtained from the bank or post office where the PPF account was opened as an initial step. Complete this form with accurate information and submit it to the concerned bank or post office. Nominee can be modified after the form is submitted.
Public Provident Fund
Explain that the PPF scheme provides the facility of making one or more persons a nominee. However, no nomination is possible in case of minor account. On the other hand, if a new nominee is being added, then there can be a change in the previous nominee as well.
