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Options
- A
An American or UK citizen aged 61+ owning property in India
-
An Indian citizen aged 61+ owning property in India
Correct answer
- C
An RNI aged 58+ owning property in India
- D
An Indian resident aged 56+ owning property in Hong Kong
Why this is the answer
The scheme requires the borrower to be an Indian citizen aged 60 years or above and to own a property in India to qualify for a reverse mortgage.
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