Why Financial Planning?

Planning is bringing the future into the present so that you can do something about it NOW.

Many NRIs have substantial financial interests and roots in India in the form of inherited property, investments made before becoming an NRI, and even investments made as an NRI for any number of reasons.

All financial investments and decisions require your permission and authority to be carried out legally. Many financial transactions can be carried out digitally, but many of them, especially related to physical property and real estate need your physical presence. Being an NRI puts you in a tight spot when it comes to maintaining your property, selling, or buying it, letting it out, and so on.

power of attorney in india
Power of Attorney In India For NRI

Also Check: 6 Investment Planning Sins of NRI

Power of Attorney In India For NRI

With a Power of Attorney (POA) holder standing in for you, you can buy and sell real-estate, physical movable properties, and even get representation at government and financial institutions.

A POA grants the authority to an individual to legally represent you in all legal matters and business transactions, for which the deed has been written. You will be called the principal, donor, or grantor of the POA and the person receiving the authority will be known as the holder, donee, or agent.

Benefits of power of attorney for NRI

With a POA holder available to step in for you, there is no need to put off the lucrative deal or to come flying to India each time you are needed here. The POA comes in handy if you can trust someone, back in India, to manage your affairs on your behalf.

A Power of Attorney holder can help with:

  • Routine operations in NRE/NRO bank accounts
    • Issuing cheques
    • Statements
    • Giving standing instructions
  • Managing real-estate:
    • Buying, selling, mortgaging, and renting out
    • Managing and repairs
    • Payment of local body taxes
    • Taking out a home loan or home improvement loan
    • Insuring the property
  • Entering business contracts and settling claims
  • Signing your tax forms and claim settlements.
  • Routine financial operations
    • Paying insurance premiums and collecting benefits and claims.
    • Making deposits, buying bonds, and making investments.
    • Dealing with share brokerages and mutual fund houses on your behalf.

Remember that a POA holder cannot open a new bank account or start a new insurance policy on your behalf. The RBI also bars a resident POA holder from repatriating funds outside India. They can, however, deposit funds in your NRE/NRO accounts of the principal.

Also Check: All About Mandate Holder in Bank Account- By NRIs

Types of Power of Attorney For NRI

General Power of Attorney for India (GPA)

A General Power of Attorney is a general-purpose deed granting authority to an individual to take care of almost all legal and financial affairs in India. It grants the holder all rights for all your properties in India. Or it can grant all rights for the listed properties or grant all rights related to handling your banking or financial transactions. A General Power of Attorney for India must be considered when you are absolutely certain that the agent will always act in good faith and in your best interest.

Also Check:  All About NRI Joint Account with Resident Indian

Special Power of Attorney For NRI  (SPA)

If you have a specific requirement or task, then you can grant the Special power of attorney india for that specific task only. It will automatically become unenforceable once the task is complete, and the power vested is automatically revoked. comes to an end. The SPA protects you from the all-encompassing rights the holder has with a General Power of Attorney and can be a very handy instrument in your hands.

How to execute a Power of Attorney for NRIs?

The first requirement is a trustworthy person, to manage your properties, carry out legal duties and financial transactions on your behalf. Usually, they are close relatives or friends but can be anyone you trust.

The process to create a POA from your country of residence is straightforward:

  1. Make two original copies of the Power of Attorney deed on plain paper with applicable terms and conditions. DO NOT sign the copies, as you are required to sign all pages of the deed in the presence of competent authority at an Indian Embassy or Consulate.
  2. Two local witnesses must also sign the POA at the time you sign the deed at the Embassy/Consulate. If the witnesses are unable to be physically present in the embassy, then you must get their signatures notarized separately.
  3. Once signed, send the deed by registered post to the holder, or any person, in India at an Indian address.
  4. In India, the holder, or the person to whom the deed was sent, should get the deed registered at the Registrar/Sub-Registrar/Sub-Divisional Magistrate office, in presence of two witnesses, within the jurisdiction where the property is located, or the place of residence of the holder lies. This must be done within 90 days of receipt of the post.
power of attorney for nri
Power of Attorney In India For NRI – Everything You Must Know

Documents needed  for Power of Attorney at the Indian Consulate:

  • Two original copies of the POA document.
  • Original Passport with a copy.
  • Local address proof in the country of residence – driving license, work permit, etc.
  • Two recent passport-size photographs.
  • ID proof of the witnesses. Or, in case the witnesses are not themselves present, then their notarized signatures and notarized ID proof copies.

Also Check: How NRIs can choose the Best Financial Planner in India

Important aspects

The delegation of authority does not absolve you from the responsibility and you are ultimately responsible for the actions of the POA holder. Therefore, the following safeguards and caveats can help you navigate the waters rather smoothly:

  • To be legally valid, all POA deeds executed in a foreign country must be registered in India.
  • POA ceases to be in force if the principal dies, is declared mentally incompetent, or insolvent.
  • Granting of POA over property does not mean you have transferred its ownership.
  • The POA can accept payment on the principal’s behalf in the principal’s NRE/NRO bank account.
  • Clearly define the scope of the powers you are granting to the agent as whatever actions the agent takes within the scope, will be binding on you.
  • Always include an indemnity clause in the terms of the POA deed to safeguard against any mala fide actions by the agent.

Must Read – Why NRIs Invest In India?

Life Certificate for POA

Got this message from a reader:
“My daughter is in the USA and I thought I should give you an input that came to light recently.
Land dealings in some Indian States (in my case it was Tamil Nadu)  that are carried out under a Power of Attorney require a “Life Certificate” in the name of the issuer of the POA which is no more than 1 month old.
There is a standard format available on the net for the purpose. It has to be issued by a Registered Medical Practitioner and has to be countersigned by the Indian Embassy/Consulate.
My daughter found it very difficult obtaining one, since doctors in the USA didn’t recognize this need.
I somehow managed to convince the District Authorities concerned not to insist on Consular attestation because of COVID, due to which Consulates were shut down then…
Without a Life Certificate which is presented within one month of its issuance, a Power of Attorney will not be honored.”
The format of the certificate is at this link 

Power of attorney India format

I am working on a sample format of power of attorney in India – will soon share that on wiseNRI.


The Power of Attorney acts as an enabler not only for your agent but essentially for you. You do not have to face the stress of managing your Indian assets from a foreign land. To draft Power of Attorney, execute and register it in India, and get advice on how to professionally manage your assets in India you can contact us any time.

Hope this gives you a good idea about the NRI Power of Attorney in India. Please add your experience and questions in the comment section.

Published on June 23, 2021

Hemant Beniwal

Hemant Beniwal is a CERTIFIED FINANCIAL PLANNER and his Company Ark Primary Advisors Pvt Ltd is registered as an Investment Adviser with SEBI. Hemant is also a member of the Financial Planning Association, U.S.A and registered as a life planner with Kinder Institute of Life Planning, U.S.A. He started his Financial Planning Practice in 2009 & is among the first generation of financial planners in India. He also authored Bestseller book "Financial Life Planning". 

  • General Power of Attorney to be made by an Indian Citizen living abroad as a permanent resident of a foreign country giving power of attorney to and Overseas Citizen of India who will later travel to India and conduct matters of banking and real estate.

  • I got POA attested by CGI New York on Jan 16th 2023 but could not register in India until now. Is it still valid?

  • I have a power of attorney in india but as I am the owner of an apartment I have signed the document for improvement loan and not taken the sign of my power of attorney. Do I really need the sign of my power of attorney

  • I am an Australian with OCI card. My mother wants to transfer all her savings, FD, and securities to NRO account. Is there any limit on this, please?

  • If 3 siblings living in UK wanted to grant power of attorney to a relative in India to sell property on their behalf, what steps would be required

  • For my education loan purpose in India, the General Power of Attorney from my brother who is an NRI is needed. I would like to know the process to get it done

  • Can Power of attorney by an NRI be notarized by a local lawyer in the place of stay abroad without going to the Indian embassy to be valid in India

  • Can a NRI resident in USA sign a POA while visiting India, in favour of a resident Indian (sister) a NRI (another sister) and then get it registered in India to facilitate sale of house in India?

  • Sir, we as parents bought a residential flat in joint names with our nri sons who are now oci card holders. It was financed by all of us. What are the legal issues, if any which are to be complied with while selling the flat.

  • Hello Hemant. US Consulate is not allowing in person attestation right now. Is it to be done by mail now or only notarizing is enough?

  • The Indian Consulate, New York site says that the POA need not be certified by the consulate by The Hague convention. Just getting notarized by the local authorities in US is enough.

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