Hi,
I have a home loan in India which I had availed while I was an Indian citizen. But a year back I renounced my Indian Citizenship and now I hold an OCI. With this change, do I need to contact the bank and ask them to switch my loan to a NRI home loan ? Just worried that I might end up paying a higher rate of interest
Please advise.
I have a home loan in India which I had availed while I was an Indian citizen. But a year back I renounced my Indian Citizenship and now I hold an OCI. With this change, do I need to contact the bank and ask them to switch my loan to a NRI home loan ? Just worried that I might end up paying a higher rate of interest
Please advise.