How to withdraw PPF account for NRI

As we covered in our previous blog that NRI's can't make fresh investments in PPF and an NRI can withdraw PPF through below mentioned process:

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Find the PPF withdrawal request form from your bank’s website. If you can’t find it, then just type a simple letter mentioning that you want to withdraw the entire amount from your PPF account addressed to the bank where you hold the PPF account in. Mention the following details: PPF account number, date of initial subscription, and the account number and IFSC of the bank account where you want the proceeds to go. The details should be of your NRO account.

Courier the signed PPF withdrawal request to your relatives, parents, or siblings in the city where you have the NRE / NRO account. Provide an authority letter mentioning that you are allowing the person to follow the withdrawal process on your behalf. Also send your identity/address details and statements of your NRO account and PPF account.

The person on your behalf has to go to the bank where you have the NRE/NRO account. They have to attest these documents. After attestation is done, then the person has to visit the PSU bank for PPF withdrawal. The bank will accept the documents which are attested by your bank

Disclaimer: Above facts / data is not the view of blogger, it is based on the study / actual discussion with concerned persons.

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