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S.Nagpal
19-11-2009, 03:36 PM
I am presently living in UK and I am NRI. I have a query - Can a NRI open a PPF account with State bank of India or other National Banks or in post office? If yes, please tell me the complete procedure.

Thanks in advance!

rohit
19-11-2009, 04:48 PM
I am afraid, you can't open PPF account.

Expert
19-11-2009, 07:49 PM
I am presently living in UK and I am NRI. I have a query - Can a NRI open a PPF account with State bank of India or other National Banks or in post office? If yes, please tell me the complete procedure.

Thanks in advance!
NRI cannot open new PPF account, but if they have any PPF account before attaining NRI status, they can operate that PPF account with NRE or NRO account.
More Info - http://www.moneycontrol.com/news/nri-experts/nris-cannot-openppf-account_217589.html