Nri PPF investment

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32 Points Posted on 05 February 2020
I am NRI
CAN I invest upto 150000
in ppf ac
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On 05 February 2020 at 12:46 Report
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Quick Summary
This discussion clarifies the rules for Non-Resident Indians (NRIs) investing in the Public Provident Fund (PPF). While NRIs cannot open new PPF accounts, they are permitted to continue their existing accounts until maturity. Deductions are generally applicable to all account holders.

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Studwnt
1141 Points Posted on 05 February 2020
Yes deductions are for everyone.
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On 05 February 2020 at 12:51
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17269 Points Posted on 05 February 2020
No sir
NRI can not deposit into PPF nor can open PPF Account under PPF Act.

Existing Account they can continue till maturity.
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On 05 February 2020 at 13:11
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67 Points Posted on 05 February 2020
You cannot open a new account but continue an existing account
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On 05 February 2020 at 17:16

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