How can an NRI / PIO make payment for purchase of residential / commercial property in India?

Property Handling
2016-08-03 07:07

. Payment can be made by NRI / PIO out of: (a) funds remitted to India through normal banking channels or (b) funds held in NRE / FCNR (B) / NRO account maintained in India No payment can be made either by traveller’s cheque or by foreign currency notes or by other mode except those specifically mentioned above.

Tags: NRI's
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