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Can loans raised against NRE/ FCNR fixed deposits be repaid out of funds in NRO accounts?

April 26, 2017accounts deposits FCNR fixed funds Loans NRE nro RAISED repaid

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Can loans raised against NRE/ FCNR fixed deposits be repaid out of funds in NRO accounts?

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The loans raised against NRE deposits can be repaid out of NRO funds but in such cases, the interest would be charged at commercial rate as in force from time to time.