Ppf account for minor indians with nri parents

Bhaskar Dandapathak (1 Points)

05 January 2019  

Hello,

I have a query, of which I am not getting any answer in various forums. My Wife and me are NRIs.

We both have PPF accounts, opened before we became NRIs. I have stopped giving subscripttion to my PPF account, as it has reached 15 years. On the other hand, my wife is continuing to give subscripttion as it has not reached 15 years,

Recently we have twin babies, who are staying in India and therefore have not become NRIs.

Are we allowed to open minor PPF accounts for them?

Regards

Bhaskar