Re: Who can open a Public Provident Fund PPF account?
1. NRO (NR)- Non Resident Ordinary (Non-Repatriable) type of account where NRIs can remit funds, which can not be repatriated (can not be taken back to the country of their remittance).
2. PPF can be opened in the minor, with their natural guardians operating the account.
What is mean by NRO account on non-repatriable basis ?
Can a PPF account be also opened in name of minor ?
Can a PPF account be also opened in name of minor ?
2. PPF can be opened in the minor, with their natural guardians operating the account.