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<h1>Rupee loans to NRIs by residents permitted with conditions on interest, use, account crediting, and remittance restrictions.</h1> Rupee loans from a resident individual to a Non-Resident Indian relative are permitted if made by crossed cheque or electronic transfer, are interest-free with a prescribed minimum maturity, remain within the Liberalised Remittance Scheme limit for the financial year, are credited to the NRO account, are not remittable abroad, are used only for permitted personal or business purposes in India, exclude prohibited investment activities, and are repayable by inward remittance, debit to the borrower's NRO/NRE/FCNR account, or from sale proceeds of pledged assets.