A dilute chemical decontamination formulation based on ethylene diamine tetraacetic acid, oxalic acid, and citric acid is evaluated for its efficacy in removing oxide layers in a pressurized heavy water reactor (PHWR). An ion exchange system that is specifically suited for fission product-dominated contamination in a PHWR is suggested for the reagent regeneration stage of the decontamination process. An attempt has been made to understand the redeposition behavior of various isotopes during the decontamination process. The polarographic method of identifying the species formed in the dissolution process is explained. Electrochemical measurements are employed to follow the course of oxide removal during the dissolution process. Scanning electron micrographs of metal coupons before and after the dissolution process exemplify the involvement of base metal in the formation of a ferrous oxalate layer. Material compatibility tests between the decontaminant and carbon steel, Monel-400, and Zircaloy-2 are reported.