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SALARIED INDIVIDUALS

Copy of employment contract
Latest Salary slip
Latest work permit
Passport/visa copy
Utility bill for address proof
PIO/OCI card
Power of Attorney (if applicable, in respective bank’s format)
Customer credit check report
Property agreement duly registered or other related docs
Income Tax returns last 2 years
Bank statement for 4 months or NRE/NRO a/c6 months statement

SELF-EMPLOYED INDIVIDUALS

Balance sheets and P&L a/c of the company for last 3 years
Income tax returns (3 years)
Passport/visa copy
Utility bill for address proof
PIO/OCI card
Power of Attorney (if applicable, in respective bank’s format)
Credit check report
Property agreement or other related docs
Bank a/c statements for last 6 months for company and individual, both
Please refer to the below links for updated information,
Ministry of External Affairs: http://mea.gov.in/
Indian Income tax: http://www.incometaxindia.gov.in/
RBI (NRI FAQ): http://www.rbi.org.in/scripts/faqview.aspx?id=52

DISCLAIMER
These are the broad guidelines meant for ready reference with respect to acquisition and transfer of immovable property in India by NRI/PIO/OCI and in each case prospective buyer or seller of property in India must consult his/her own legal/finance/tax adviser and obtain suitable advise for their specific transaction. Antrixinfracorp Limited and its group companies assumes no responsibility or legal liability for transactions entered into by placing reliance on these FAQs. These guidelines are as applicable as on 31st January 2011 and are subject to amendment by the regulatory authority. Antrixinfracorp Limited and its group companies assumes no responsibility for updating these FAQs.