All Questions
10
questions
2
votes
2
answers
99
views
Does the interest charged decrease if I pay my long term bank loan's major part earlier?
I have taken a long term bank loan.....say 10K. Suppose the interest charged is 10 percent. Now, I have a lot of surplus money with me due to unexpected cash inflows. I want to reduce the interest ...
- 21
0
votes
2
answers
348
views
Is there any loan that leverage tax for H1b holders?
I am here in US through H1B. I have a decent amount of loan back in India. Also I am paying a lot in Tax here.
Is there any way I can get any loan here in US and pay off my loan in India and reduce ...
- 101
1
vote
1
answer
61
views
Transfering funds from India to the US
I am a US Citizen doing business in India as well as US.
Can I transfer funds from India to USA which I have borrowed in India.
Is there a limit on one time transfer of funds from India to the US?
- 11
2
votes
1
answer
226
views
Sending money to siblings in India by an NRI
I owe $40,000 to my brother in India. Does he have to pay taxes in India if I send the money in one year period (10 monthly installments) to his savings account in India as gift or loan repayment?
- 21
3
votes
1
answer
371
views
Money Transfer by Indian Citizen to US Citizen to Settle a Debt
I am a US Citizen. I sent money to help out a relative (an Indian Citizen) in India. I used Western Union to transfer the funds from the US -- I paid in USD and he received the remittance in Rupees. ...
- 31
1
vote
3
answers
504
views
Reason to give for personal loan in USA to buy land in India?
I am buying a land in India for that i need personal loan for about 15k.
I am not sure what should be the good reason to give to credit unions to get the loan approved.
Please suggest and thanks in ...
- 19
1
vote
2
answers
224
views
Refinancing Loans from USA to India
I have a friend living in USA who is a US citizen. He can take a loan of X$ from a US bank as a personal loan or a business loan. Can he finance my company in India with this loan he availed from USA ?...
- 39
2
votes
1
answer
469
views
Wire transfer from India to US
I would like send/lend money from US account to My brother-in-law's Indian account(international wire transfer) for 30 lakhs. This will be no interest loan to him. My brother-in-law needs this money ...
- 21
2
votes
2
answers
20k
views
How can I bring loaned money back to US from India
I am a US permanent resident and I loaned some money to my father in law in India early last year. I transferred US dollars from my US bank account to my NRI (Non resident Indian) account (Indian ...
- 123
3
votes
3
answers
34k
views
Need a loan to buy property in India. What are my options?
I have seen a property in India, and I am planning to buy it. The total cost is $105k, out of which I have $30k of my own. The remaining $75k needs to be financed somehow. I can get a loan in India, ...
- 31