PPF alert! Two or more PPF accounts opened after this date cannot be merged

An individual cannot have more than one Public Provident Fund (PPF) account, according to the rules. If you have opened two or more Public Provident Fund (PPF) accounts on or after December 12, 2019, they will be closed without earning any interest. Furthermore, such PPF accounts will not be merged.

from Personal Finance News-Wealth-Economic Times https://ift.tt/rpIR7q5