• MS Nair

    Hi Suresh

    Thank you for the informative article. I have a question. I moved to Singapore 4 months back. Have a PPF account tagged to my SBI Resident account (which means deposit happens from that account to the PPF account, I get to check my balance etc from iBanking and on maturity, the proceeds would get credited to that account). My question is how do I get this associated to a NRO account? Whichever bank I talk to they say that I need to close my existing Resident savings account and then my question is what happens to the PPF account tagged to that account? Nobody is able to guide here. 

    I have the same issue for my NPS too.

    An advise on this would be very useful. Thanks.


    MS Nair

  • D.k.agrawal

    My son is NRI in usa he opened the ppf account in the year 2003 when he was in India and depositing reqd allowable limit for tax saving from income generated in India now it is getting matured in the year 2018 . He became NRI last year can he contribute to ppf ac now .he files income tax return in India as well as in usa .
    Please advise

  • Singh

    Hi Suresh
    Thanks for the excellent article. What happens, if an NRI has extended the PPF account beyond the maturity, in ignorance of the rule? What’s the best recourse?

    • Singh, Beyond maturity, you need to submit relevant PAN card + address proof (this is what I heard from an NRI), hence Post office or bank can reject the extn request and pay maturity amt

  • DG

    Hi Suresh,

    I am working in Singapore for last 2.5 years. My Baby born last week in Singapore but Indian citizen. Can I open an PPF account on behalf of my baby.

  • Anu

    Extremely informative. I must say got to know a lot through this article, and i think PPF is one way of saving and people get benefit of tax saving on the same. I have taken the Tata AIA life's Smart growth plus plan and it's a very good plan and, it offers flexibility in choosing policy term, has good policy returns and tax benefits u/s 80C & 10(10D).

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