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How you can transfer your hsbc bank personal loan in Oman to India?
Wiki User
∙ 10y ago
No. Personal Loans have to be repaid in the country of origin - i.e., the country where the loan was taken. This is because the interest rates offered on loans vary from country to country. As a result it is not possible for banks to allow loans to be transferred from one country to another. Plus, there is the exchange rate confusion. If the Omani currency appreciates/depreciates and after 6 months you complain that you are paying more than what you would've in Oman, what can the bank do??
Wiki User
∙ 10y ago
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