I opened one PPF accuont in UBI at CST branch where my dad used to work. Now he is retired so am not able to deposit amount in my PPF account as UBI does not provide operating PPF online, and I dont like to go to CST branch from Kalyan. So opened another account at Axis bank which allow to operate PPF online (They didnt told me that I cannot open second account even after I told them that I already have one open). Now I realise that one cannot have more than one PPF account. Even worse, if I open 2nd PPF account, the 2nd account you have opened will be closed, and you will be refunded only the principal amount, not the interest as given 3rd point in this link: http://taxguru.in/income-tax/public-provident-fund-ppf-scheme-investment-limit-income-tax-benefit-features.html So what should I do now? I want to operate my 2nd account not the first one. (I have very nominal amount in both accounts not exceeding 5K in total)