Hello sir I want to take Mortgage Loan from State Bank of Hyderabad and here want to know about Power of Attorney so here can you please give me its details ?

Hey as State Bank of Hyderabad (SBH) is a nationalized bank in India, with headquarters at Hyderabad, Telangana.

Purpose
General Purpose Loan

Eligibility
Individual Non-Resident Indians (NRIs) holding a valid Indian passport or person of Indian origin (PIOs) holding a foreign passport.
NRI’s who are holding job at least for 1 year in a reputed Indian Company or Foreign Company or self employed with a minimum net monthly income (NMI) equivalent to `20,000/- or Net annual Income (NAI) equivalent to `2.40lacs.

Loan Amount
Minimum of ` 3 lacsMaximum of 48 times of NMI or 4 time of NAI

Security
Mortgage of the Property.

Quantum of Loan
60% of the value of the collateral security as certified by approved valuers.

Power of Attorney
The Power of Attorney (POA) facility is extended to the NRIs under this scheme.
The POA for execution of Loan Documents would be restricted to ‘Close Relatives’ namely ‘Spouse, Father, Mother, Brother, Sister, Children, Father-in-Law, Mother-in-Law and ‘Relatives’ namely Brothers-in -Law/ Sisters-in-Law.