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need inputs on home loan using power of attorney

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need inputs on home loan using power of attorney

Last updated: November 13 2010
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  • need inputs on home loan using power of attorney

    Hi,

    I am planning to buy one flat in pune and going to opt for 30 lacs loan.Currently i am out of India and will be here for next 6-8 months.I have following queries on taking home loan -
    a) I have given general power of attorney to my father for purchasing the flat, doing agreement, registration etc..Can he go to SBI and get loan for me?
    b) If yes, can same General PoA be used to get loan?
    c) can anyone give me reliable contact person/s details from PSU bank(preferably SBI) to facilitate this.

    Thanks in advance for your help!

    regards,

    heartlingua
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