Can NRIs Invest in PPF? The Truth You Must Know | Kapil Jain | Enrichwise

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Can NRIs Invest in Small Savings Schemes Like PPF?

Understanding the rules around small savings schemes for NRIs is essential for safeguarding your investments. Here's a breakdown:

Key Takeaways:
1. PPF:
If you’ve been a resident and turned into an NRI midway, you can continue your existing PPF, but avoid adding new funds.

2. Redemption Issues:
Once you become an NRI, redeeming the maturity amount from schemes like PPF may become challenging, especially with a non-resident bank account.

3. NSC & Other Schemes:
Government schemes like NSC, pension plans, and post office savings are generally not applicable to NRIs.

4. Avoid New Investments:
If you're transitioning to NRI status, avoid investing in these schemes to prevent future complications.

5. Keep Nominations Updated:
Ensure your investments are correctly nominated to avoid any issues later.

🔗 Connect with Enrichwise for expert financial advice on managing your investments as an NRI. Don’t let your money get stuck... plan wisely!

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Mutual Fund investments are subject to market risks. Please read all scheme-related documents carefully. This content is for educational purposes only.

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