# NRIs can keep PPF, but foreign citizens lose account

2026-08-09T14:28:56+00:00 | Governance | Indian Opinion Desk

Corroboration: 1 independent outlet

NRIs who opened a PPF account while resident in India can continue contributing to it until maturity, Livemint reports. They must maintain a minimum deposit of Rs 500 per year to keep the account active. However, the 15-year tenure cannot be extended, a benefit only resident Indians get. If the account holder acquires foreign citizenship, the account is closed from the last day of the month before the citizenship change. The balance then earns only the Post Office Savings Account rate until formal closure. Maturity proceeds are credited to a Non-Resident Ordinary (NRO) account and are non-repatriable, though up to $1 million can be remitted overseas per year after taxes, subject to RBI guidelines.

## Coverage

- livemint.com <https://www.livemint.com/money/personal-finance/can-you-continue-ppf-after-moving-abroad-rules-for-existing-account-holders-who-become-nris-or-foreign-citizens-11786265316677.html>

Tags: foreign citizens, NRIs, NRO account, PPF, Public Provident Fund, RBI
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