Indian Consulate General Power Of Attorney India Nri Sample

A power of attorney must be wisely created and given to a trustworthy person.
Indian consulate general power of attorney india nri sample. It specifies exactly what deeds or transactions the designated person can complete on your behalf. How to make a general power of attorney by nri. Get the deed attested by the indian embassy or consulate. Builder or developer will also ask for registered poa to give you possession of flat and get it registered in your name.
Therefore the attorney prepared for delegating property related decisions must be registered from the sub registrar office. To be on a safer side create a special power of attorney. If you are staying outside india and have properties or financial transactions within india you can give the power to transact and deal with the properties or banking or tax payment etc to any trustworthy and reliable person in india. A special poa is narrower in scope.
Sharing rights with any of your family member or a friend by issuing a registered power of attorney is the legal and correct way of managing the property bank loans stocks and other assets located in india. 5 get power of attorney attested by the indian consulate embassy and send it to india. Miscellaneous service rendered by consulate under miscellaneous services cgi new york is offering following services. Register power of attorney in india.
Special power of attorney format. Attestation of power of attorney applicable for nri this power of attorney needs to be attested by indian embassy before you can send it to india. The nri home loans from government banks like sbi pnb or private banks like icici hdfc require only general power of attorney. If abroad it can be prepared on plain paper the authority receiver must get it registered from indian consulate office.
The agent must also be very cautious before accepting a power of attorney. It is a 5 step procedure. When power of attorney poa is executed outside india by a non resident indian. 4 pay the charges at the consulate.
1 attest the power of attorney. The attorney should be a resident of india. A general poa gives the designated person a larger scope of power to complete multiple transactions or deeds that is expected. The power of attorney should be executed on a stamp paper plain paper and in manner as the case may be as applicable to the country in which the power of attorney is executed.
The builder will require a special power of attorney for the property purchase in india. If the nri is in india register it on the stamp paper with the sub registrar office. 3 send the deed to the indian consulate. General power of attorney format sample.
Sample power of attorney for nri non resident indian open this sample poa on google docs. Once your power of attorney is attested by the indian consulate embassy you can send it to india.