Loan to nri

This query is : Resolved 

24 September 2011 what are the terms & conditions on loan to NRI and which section of FEMA govern it?

24 September 2011 the loan shall be granted in accordance with the lender’s Staff Welfare Scheme/Staff Housing Loan Scheme and subject to other terms and conditions applicable to its staff resident in India;

for more info:

http://rbi.org.in/Scripts/NotificationUser.aspx?Id=1365&Mode=0


http://www.statebankoftravancore.com/nriloans.htm

04 October 2011 Please clarify who wants to give loan to NRI. An individual, a relative of NRI or an Company.


Anuj
+91-9810106211
femaquery@gmail.com




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