The Public Provident Fund (PPF) is a trusted savings instrument for millions of Indians, offering tax-free returns and long-term financial security. However, for Non-Resident Indians (NRIs), the rules governing PPF accounts differ significantly. If you are an NRI, understanding these rules is crucial to managing your PPF account effectively and exploring alternative investment options.
In this article, we will explore the rules for NRIs regarding PPF accounts, withdrawal policies, taxation implications, and alternatives like the Bajaj Finance Fixed Deposit, which can provide guaranteed returns and financial stability.