240. Can OCI get loans to buy house in India

Q: Dear Sir, Please clarify whether a Overseas Citizen of India can purchase residential flat and apply for loan in India ? Thanks A. Yes! rules and interest rates that apply to Indian citizens would also apply to OCI holders when it comes to housing loans.
Disclaimer: Information provided is for general knowledge only and should not be deemed to be professional advice. For professional advice kindly consult a professional accountant, immigration advisor or the Indian consulate. Rules and regulations do change from time to time. Please note that in case of any variation between what has been stated on this website and the relevant Act, Rules, Regulations, Policy Statements etc. the latter shall prevail. © Copyright 2006 Nriinformation.com
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240. Can OCI get loans to buy

house in India

Q: Dear Sir, Please clarify whether a Overseas Citizen of India can purchase residential flat and apply for loan in India ? Thanks A. Yes! rules and interest rates that apply to Indian citizens would also apply to OCI holders when it comes to housing loans.
Disclaimer: Information provided is for general knowledge only and should not be deemed to be professional advice. For professional advice kindly consult a professional accountant, immigration advisor or the Indian consulate. Rules and regulations do change from time to time. Please note that in case of any variation between what has been stated on this website and the relevant Act, Rules, Regulations, Policy Statements etc. the latter shall prevail. © Copyright 2006 Nriinformation.com
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