Hi there,
I posted a question before this. But it really begged the question that
"Can citizens of other countries get a loan in India".

I am a citizen of india (I can get a OCI/PIO sometime soon). I recently had to give up my indian citizenship (not very happy about it .. honestly). My parents still live in India.

I am looking to buy a house/flat in mumbai. what do you think is right way ? Can you please shed some light ?

Can i get a loan 1) being a canadian ciztizen
2) Or can I involve my father (now retired).
3) Shall I get a OCI/PIO first and then apply for a loan (will I get a loan).

Please advise.
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  • why not pune

    Originally Posted by pdogra
    Hi there,
    I posted a question before this. But it really begged the question that
    "Can citizens of other countries get a loan in India".

    I am a citizen of india (I can get a OCI/PIO sometime soon). I recently had to give up my indian citizenship (not very happy about it .. honestly). My parents still live in India.

    I am looking to buy a house/flat in mumbai. what do you think is right way ? Can you please shed some light ?

    Can i get a loan 1) being a canadian ciztizen
    2) Or can I involve my father (now retired).
    3) Shall I get a OCI/PIO first and then apply for a loan (will I get a loan).

    Please advise.



    Dear Mr. dogra ,
    parents might be in the old age , why to leave them in too fast life of mumbai , rather shift them to pune, which is very well connected to mumbai with 3 hours journey , also climate of pune is far more better than mumbai. pls think on that .
    regarding your querry on loan will check and revert back .
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