NRI Home Loans
Overview
Non-Resident Indians can finance property in India with loans structured for overseas income, NRE/NRO accounts and repatriation rules. Our NRI desk handles documentation across time zones and coordinates with a power of attorney where needed.
Eligibility
- Indian passport or OCI/PIO card holder
- Minimum 1 year of overseas employment (varies by lender)
- Stable income in a permitted currency
- Age 21-60 years at loan maturity (varies by lender)
Documentation
- Passport and valid visa / work permit
- Overseas employment contract or appointment letter
- Latest 3-6 months overseas salary slips
- NRE / NRO bank statements for 6-12 months
- Power of Attorney (as per lender format)
- Property documents
Loan options
Purchase
Buy a new or under-construction home in India.
Resale
Buy a ready, previously owned property.
Plot / Construction
Buy a plot and/or construct a home on it.
Balance Transfer
Move an existing NRI home loan to a better rate.
Frequently asked questions
Can I apply without travelling to India?
Yes. Most steps can be completed remotely, with a Power of Attorney handling in-person formalities.
Which account is used for repayment?
EMIs are typically paid from an NRE or NRO account. Your advisor will confirm based on the lender.
What loan-to-value can I expect?
Usually up to 75-80% of property value, subject to lender policy and income.
NRI Desk
Reach our dedicated NRI team.