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Q: What are the criteria regarding avail of home loans for NRIs in India?

A: According to Reserve Bank guidelines for NRIs: The loan amount shall not exceed 85% of the cost of the dwelling unit. Own contribution, which is the cost of dwelling unit financed less the loan...

Q: Can NRIs obtain loans abroad against the collateral of shares/debentures of Indian companies?

A: Yes. Authorised dealer have been permitted to grant loans/overdrafts abroad to NRIs through their overseas branches and correspondents against collateral of the shares/debentures of Indian...