Can NRI invest in an already opened PPF account?
SBNRI Team
answered on 11/09/2020
Yes! An NRI can continue to subscribe to his/her existing PPF Account till maturity (15 years). However, the option of extending the subscription isn’t available for NRIs.There are other investment opportunities as well that can ensure similar benefits to the NRIs such as NPS (National Pension Scheme).
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Related Questions
SBNRI Team
answered on 30/03/2020
NRIs can opt for a 3-in-1 account that consists of 3 separate accounts that can be opened together. A share trading account is a combination of these 3 accounts. These accounts include: A Bank Account (a normal bank account where your money resides), A Trading Account (a share broker account which allows you to […]
SBNRI Team
answered on 30/03/2020
Yes. NRIs from the USA can invest in PMS in India. PMS stands for Portfolio Management Services. They need the following 3 accounts to invest in PMS : A PIS Bank Account (a normal bank account where your money resides), A Trading Account (a share broker account which allows you to trade in equity, F&O […]
SBNRI Team
answered on 30/03/2020
Portfolio Management Services (PMS) can be understood as the management of funds of HNIs (High Net-Worth Individuals: A wealthy person, in particular one with investable assets in excess of $1 million) by various wealth management companies or Portfolio Managers (people responsible for handling your account) who invest these funds into a varied range of stocks, […]
SBNRI Team
answered on 22/03/2020
There are a lot of investment opportunities for NRIs in India. We have assorted the top 5 investment opportunities for NRIs in India for you, check them out below: The top 5 investment opportunities for NRIs in India are: 1. Fixed Deposit Bank Accounts: The most common and rewarding investment opportunity for NRIs […]
