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ravindran (asst manager)     09 February 2014

Poa

Dear Sir

MY SON IN CALIFORNIA USA HE IS A NRI HE WANTS TO BUY A FLAT IN CHENNAI HE WANTS TO GIVE POA TO HIS MOTHER WHO IS IN CHENNAI HE WANTS TO AVAIL LOAN FROM A NATIONALISED BANK IN CHENNAI

WHAT IS THE PROCEDURE FOR GRANTING A POA CAN U PL ADVICE HOW TO GO ABOUT IT THANKS                                                                                                                                                                                                                                                                                                                                                                                                                                        RAVINDRAN



Learning

 4 Replies

kavksatyanarayana (subregistrar/supdt.(retired))     09 February 2014

your son can execute a POA (in general terms) at USA authorising his mother to buy property and obtain loan from any bank.  the POA should get attested by a Notary and get it validated in India in district registrar office.  it is a suggestion only.

kavksatyanarayana (subregistrar/supdt.(retired))     09 February 2014

your son can execute a POA (in general terms) at USA authorising his mother to buy property and obtain loan from any bank.  the POA should get attested by a Notary and get it validated in India in district registrar office.  it is a suggestion only.

Rama chary Rachakonda (Secunderabad/Telangana state Highcourt practice watsapp no.9989324294 )     09 February 2014

Powers of attorney are routinely granted to allow the agent to take care of a variety of transactions for the principal.

bhagwat patil (Property due diligence 9422773303)     12 February 2014

The proposal for POA  should be signed in US before consulate of India ,the acceptance by his mother before sub registrar of the residence of  mother.for loan purpose the banks have the arrangement inUs for signing o documents.


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