Need A Financial Product Forums Trading/Investments Can contributions in PPF account be made from NRE account

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  • #48154
    Sameer Kapoor
    Participant

    In 2009, I opened a PPF account for myself. I contribute Rs. 1, 00,000 every year in this account. When I opened the account I had no plans to shift abroad. But fortunately or unfortunately I had to bring changes in my plans and I migrated to Australia. But I have plans to return India in next 5 to 7 years. I hope this time I will stick to my plans. For that reason to continue contributing in my PPF account from my NRE account. Is it allowed to do so?

    #48155
    samkapoor77
    Keymaster

    Continue your contributions, it is allowed from NRE account.

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