https://www.taxtmi.com/acts?id=2241 Authorised dealers and approved housing finance institutions may provide rupee housing loans to Non-Resident Indians and persons of Indian origin for residential acquisition in India, provided loan quantum, margin and repayment terms are at par with resident finance, loans are not credited to specified non-repatriable accounts, are fully secured by equitable mortgage (and lien if necessary), repayments are by remittance or from specified accounts or rental income (including via a relative's account), and interest rates conform to regulatory directives. en-us Sat, 19 Jan 2008 22:45:54 +0530 Thu, 26 Jun 2025 15:09:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=2241 Authorised dealers and approved housing finance institutions may provide rupee housing loans to Non-Resident Indians and persons of Indian origin for residential acquisition in India, provided loan quantum, margin and repayment terms are at par with resident finance, loans are not credited to specified non-repatriable accounts, are fully secured by equitable mortgage (and lien if necessary), repayments are by remittance or from specified accounts or rental income (including via a relative's account), and interest rates conform to regulatory directives. Act-Rules FEMA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=2241