ppf maturity in case of NRO
This query is : Resolved
15 March 2017
hey sir my brother is in USA Nd few years back invested the money in ppf Nd now he got citizenship in USA Nd ppf account matured so is it good to invest such money in india or convert such account to nro account ? or can extend the period or something better than this
Message likes :
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24 October 2021
No. He cannot extend it.
Better to transfer the maturity amount to NRO account.
Better to transfer the maturity amount to NRO account.
Message likes :
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