I am living in UK for last 2 years. I am a NRI, holding a PPF account in SBI, which was started before I left India.
1- Do I need to close the above account as I am NRI now? Or
2- Can I continue with the A/c?
As you are NRI, you have to close the PPF account, as per RBI guidelines.
In order to get a Loan, you first need to prove that you don't need it.