Blogs Frequently Asked Questions

Yes, an NRI can buy property in India without the Power of Attorney. They can make the purchase remotely and appoint a resident Indian to act on their behalf.

Yes, NRIs can give a Power of Attorney to a trusted person within or outside India to manage their financial and legal matters in India.

An Indian POA does not automatically cancel after you close the bank account. It will only be cancelled when the grantor revokes it, the grantor becomes incapacitated, or the purpose is fulfilled.

No, the POA and the nominee don't need to be linked in any sense. The grantor hires a POA to manage the financial and legal matters, whereas a nominee gets the assets after the death of the owner.

Banks do not provide a home loan on the power of attorney. If you are a homeowner, then only you can apply for a home loan with the help of a power of attorney.

Yes, you can get a home loan on the power of attorney. The process involves executing a POA on a non-judicial stamp paper and notarizing it. In case of the NRIs, you need to have a PoA attested by the Indian Consulate.

The process of getting a POA for a home loan starts with determining the type of POA needed (specific or general). After that, draft the entire document, specify the relevant powers, notarize it, and register it if necessary. You have to submit the PoA to the lender and let the appointed grantee act on your behalf.

Yes, you need to notarise the power of attorney to make it valid legally. The notary public helps in verifying the identities of both parties, ensures the authenticity of the documents, and witnesses the signing. It is also helpful in making legal and financial transactions, like home loans.

When the minor turns 18 years old, they must update their PAN card through the NSDL website to a major PAN card by updating all the details.

Yes, you can download an electronic version or e-PAN from the official NSDL website. You need to visit the NSDL portal and go to the “PAN-New facilities” tab under the “Quick Links” >Select “Download e-PAN > Submit your PAN, Aadhaat, date of birth, and captcha >Enter the OTP and download the PDF.

A minor PAN card is issued to children under 18 years old, and a Major PAN card is issued to individuals who are 18 years old or older.

Yes, minors need to link their PAN card with an Aadhar card. According to the latest notification by the Central Board of Direct Taxes (CBDT), it is compulsory to link all PAN cards with an Aadhar card by 31 December 2025.

Yes, you can apply for the Minor PAN card through the NSDL website, where you need to enter all the details for the minor and upload all the valid documents. Then make the payment and get the acknowledgment number to track your PAN card application.

You need to pay INR 107 with GST if you are applying for an offline or online PAN application using physical mode in India, and INR 1,017 if you are getting it outside India. And if applying the online paperless mode, then you need to pay INR 101 for the PAN card dispatch in India, and INR 1,011 for the PAN card dispatch outside India. Additionally, if you are applying for an e-PAN card through the paperless submission mode, then you need to pay INR 72 for the dispatch of PAN to your email, and for the physical mode, you need to pay INR 66 for the dispatch of your PAN to your email ID.

Yes, you can open a Bank account with a minor PAN card. which is issued to individuals who are below the age of 18 years. Apart from opening bank accounts, minors also make investments and do financial transactions.

Here is the list of documents required for the Minor to Major PAN card: You need to submit proof of identity, which includes Aadhar card, Voter ID, driving license, proof of address, bank statement, passport, or voter ID, proof of date of birth, sich as birth certificate, and Aadhar card, two recent coloured passport sized photos, and signature on a white paper with blue and blank ink.

Iceland, Switzerland, Latvia, Italy, Luxembourg, Lithuania, Slovakia, Germany, Austria, Greece, Poland, Hungary, Norway, Denmark, and Sweden are the easiest to get a Schengen visa.

Iceland, Switzerland, Italy, Luxembourg, Belgium, Spain, Hungary, and the Netherlands are the countries that give visas easily to Indians.

If you want a Schengen visa as soon as possible then, here are some quick key points you should remember: apply as early as possible, select the country that you want to visit, fill out your visa application smoothly and correctly, make sure you attached all the required documents, and avoid peak travel season.

Malta, Estonia, and Belgium have the hardest and highest visa rejection rates where you have a low chance of getting a visa approval.