JP Dubey asked on 16/11/2020

Can PPF a/c of Resident Indian who before maturity became an NRI be extended beyond 15 years with contributions as usual?

4169 views
SBNRI Team
answered on 16/11/2020

You can’t extend your PPF Account post maturity (15 years) if you become an NRI before your account matures.

 

As per the PPF guidelines, NRIs aren’t eligible to open a PPF Account. However, if a Resident Indian becomes an NRI after opening the PPF Account, he/she can continue to subscribe to his/her account on a Non-Repatriable Basis. But, the account can’t be extended post maturity.

 

For other queries regarding PPF for NRI, click on the button below to get in touch with an expert.

 

Ask SBNRI Expert Now

Copy link