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Can an NRI open a PPF account?

Monday, May 15, 2017, 10:18 AM

According to the current Public Provident Fund Scheme, NRIs are not permitted to open a PPF account. However, if a person had opened a PPF account when he was a resident and subsequently became an NRI, he may continue to subscribe to the PPF account till its maturity. However, he will not be eligible to extend or continue holding the account after its maturity.
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