You must continue paying EMIs from your NRO/NRE savings. The bank may allow a temporary restructuring, but defaulting leads to legal action on the property.
Yes, but ICICI converts your foreign income into INR using a fixed exchange rate (usually TT buying rate). A weaker foreign currency reduces eligible loan amount.
The interest rate is floating – so if RBI hikes rates, your EMI goes up. But good news – no penalty if you prepay.
No. You can execute the documents at the Indian Embassy/Consulate in your country of residence, or via a registered Power of Attorney (PoA) holder in India.
