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Thread: Loan for NRI?

  1. #1
    NewBie
    Join Date
    Apr 2009
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    Default Loan for NRI?

    Hi, I am NRI working in UK, planning to start my own business in India, so looking for a loan to start my business. I have permanent residence in India, in which my parents are living. I have a query - Is there any bank, which will provide business start up loan for NRI?




  2. #2
    Moderator
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    Most of the bank provide loans to NRI. Just visit any bank, you will easily get it.
    Amit
    Pls follow Rules/Guidelines @ PolicyWala
    “The happiest people are not those who live on their own terms…but are those who change their terms for the ones whom they love”

  3. #3
    Moderator Expert's Avatar
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    Yes, But you need to provide all the documents required by them. And also tell them how your are going to return them? Plus they also check your - Experience, Margin requirements, Collateral's, Guarantee etc.
    * SAFE
    Self Appointed Financial Expert

  4. #4
    NewBie
    Join Date
    Apr 2009
    Location
    UK
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    22

    Thumbs up

    Thanks guys. But do I need to submit PAN No. also? If yes, please also let me know the procedure to get the same.

    Thanks a lot again!


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