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Yes, it is mandatory to declare your NRI Status to the bank so that they can do the needful from their end. (Eg. Convert your Resident Savings Account to NRO Account etc.) As of now, you can still continue to subscribe to your PPF Account till its maturity (2023). But you won’t be able to extend […]

“Non-Resident Indians are not eligible to open an account under the Public Provident Fund Scheme. However, Existing PPF investors, who become NRI before the maturity of the PPF account, can continue to invest in PPF till the completion of maturity period on Non-Repatriable basis.”   To get expert advisory at SBNRI, contact us using the […]