Ppf - nri

[ABCD]

I am living in UK for last 2 years. I am a NRI, holding a PPF account in SBI, which was started before I left India.
1- Do I need to close the above account as I am NRI now? Or
2- Can I continue with the A/c?

[Natraj]

I am living in UK for last 2 years. I am a NRI, holding a PPF account in SBI, which was started before I left India.
1- Do I need to close the above account as I am NRI now? Or
2- Can I continue with the A/c?
As you are NRI, you have to close the PPF account, as per RBI guidelines.

[ABCD]

As you are NRI, you have to close the PPF account, as per RBI guidelines.
As per the FAQ in the Forum -
Non-resident Indians earning an income in India and wanting to take advantage of the rebate can also open an account. Subscriptions, however, will have to made from their Non-Resident Ordinary (NRO) account on a non-repatriable basis.

[Natraj]

As per the FAQ in the Forum -
Non-resident Indians earning an income in India and wanting to take advantage of the rebate can also open an account. Subscriptions, however, will have to made from their Non-Resident Ordinary (NRO) account on a non-repatriable basis.
ABCD,
You haven't read the posting you have putin. It says if you have earned an income in India, than only you can open an PPF account.

[Expert]

As per the below article NRI cannot open new PPF account, but they can continue with their old PPF account.
Link -
http://www.moneycontrol.com/news/nri-experts/nris-cannot-openppf-account_217589.html

[Matrix]

NRI cannot open a fresh PPF account. However if he has opened a PPF a/c before he became an NRI, that PPF account can be continued. And he can use you Non Resident Account for investment purpose.

[ABCD]

Thank you guys.