Page 57 - business%20kit%20print%20-%20V.6%2005.11.18
P. 57
04 - FAQ’s
Please note that the Field Investigation (FI) and KYC verification of POA
holder is compulsory before sanction of loan amount.
33. If an applicant is NRI and co-applicant is resident Indian, do I
still need to collect POA? If yes who should be the POA holder.
Yes, you need to collect the POA from applicant who is NRI. POA holder
can be resident Indian applicant or anybody in the family or close friend
circle with whom the applicant is comfortable.
4.5 - Non Individual Entity & Contactability
34. What is DIN?
DIN is a unique identification number given to an existing or a potential
director of any company incorporated as per company law and
registered with ROC. Director Identification number will be available
for directors of a LLP, Pvt Ltd company or Public limited company.
In our case, DIN will be available when directors are applying on behalf
of the company.
35. Do I need to fill registered office address row for individuals
or only for non-individual applicants?
In case of salaried you need to write address of the employer.
If the registered address is same as address of employer it should be
stated as ‘same as above’.
It is possible that businesses may have registered office and branch of-
fice as separate establishments. It is important to note both the
addresses in specified rows as per the application form.
In case of non-individual entity. you need to write address of the firm.
VERSION - 6 57
