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!
 
			
			 
					
				
			
			 
			
				 Can a NRI open a PPF account?
 Can a NRI open a PPF account?
				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...nt_217589.html
* SAFE
Self Appointed Financial Expert