EMI CALCULATOR
+91-99111 71025

Your search for Dream Home ends here...

We provide QUICK, EASY & LOW RATE
Home Loan for NRI

Low Interest Rate
Easy Sanction
Quick Disbursal

Apply Now !
to get a call back within 24 hrs

Please enable JavaScript in your browser to complete this form.

Features & Benefits

Tie-up with Multiple Banks & NBFCs

Longer Period

Tenure upto 30 years

Low Interest Rates

Quick Disbursal

Approval in 48 Hrs

Loan amount upto Rs.15 Cr

Home Loan for NRI – Get the Best NRI Housing Loan in India

Are you thinking about buying a home in India while living overseas? At homeloanagents.in, we make the NRI Home Loan process a breeze! We help you compare different banks, snag the best interest rates, and handle all the paperwork smoothly—no matter where you are in the world.

Whether you’re looking to buy a flat, build a house, or invest in property, our team of experts is here to provide you with a hassle-free loan experience designed just for Non-Resident Indians (NRI), Persons of Indian Origin (PIOs), and Overseas Citizens of India (OCIs).

Here are some key aspects of a home loan:

  1. Principal: This is the initial amount of money borrowed to purchase the home.
  2. Interest: The cost of borrowing the principal, typically expressed as an annual percentage rate (APR). The interest can be fixed (stays the same throughout the loan term) or variable (changes with market rates).
  3. Down Payment: The upfront payment made by the borrower towards the purchase of the home, usually expressed as a percentage of the total home price. A larger down payment often results in better loan terms.
  4. Loan Term: The duration over which the loan is repaid. Common terms include 15 years, 20 years, and 30 years.
  5. Monthly Payments: The borrower makes regular (usually monthly) payments also called EMI (Equated Monthly Instalments) that cover both principal and interest. Over time, a larger portion of each payment goes towards the principal as the loan balance decreases.
  6. Amortization: This refers to the gradual repayment of the loan principal over time. An amortization schedule shows how much of each monthly payment goes towards interest and principal.
  7. Collateral: The home itself serves as collateral for the loan. If the borrower fails to make payments, the lender has the right to foreclose on the property and sell it to recover the loan amount.

Home loans are essential for most people to afford a home, as few can pay the entire purchase price upfront. The terms of the loan, including interest rates and repayment periods, can significantly impact the overall cost of the home.

NRI Home Loan Interest Rates

Interest rates vary by income type, credit score, and banking relationship.

BankInterest Rate (Approx.)
HDFC Bank8.60% – 9.40%
SBI8.45% – 9.30%
ICICI Bank8.75% – 9.50%
Axis Bank8.70% – 9.55%

Get personalized quotes based on your country of residence and income profile.

A wide range of banks offer home loans for NRI. Here are some of the major banks that provide home loans:

Public Sector Banks

1. State Bank of India (SBI)
2. Punjab National Bank (PNB)
3. Bank of Baroda (BoB)
4. Canara Bank
5. Union Bank of India
6. Bank of India (BoI)
7. Central Bank of India

Private Sector Banks

1. HDFC Bank
2. ICICI Bank
3. Axis Bank
4. Kotak Mahindra Bank
5. IDBI Bank
6. Yes Bank
7. Federal Bank

Housing Finance Companies (HFCs)

1. HDFC Ltd.
2. LIC Housing Finance
3. Indiabulls Housing Finance
4. PNB Housing Finance
5. Bajaj Housing Finance
6. ICICI Home Finance

Non-Banking Financial Companies (NBFCs)

1. Tata Capital Housing Finance
2. Aditya Birla Housing Finance
3. Mahindra Finance
4. Reliance Home Finance

These institutions offer various home loan products with different interest rates, tenure options, and terms. The choice of lender often depends on the specific needs of the borrower, such as the loan amount, interest rate preferences (fixed or floating), and the loan processing time.

Why Choose Us for Your NRI Home Loan?

✔ Lowest Interest Rates & Quick Approvals

We take the time to compare leading banks like HDFC, ICICI, SBI, Kotak, Axis, PNB, and others to secure the best NRI loan rates for you.

✔ 100% Online Process

From paperwork to approval, everything is handled online—ideal for NRIs living in the US, UAE, UK, Singapore, Australia, and beyond.

✔ Dedicated NRI Loan Specialist

Our knowledgeable advisors are here to assist you at every stage: checking eligibility, managing documentation, ensuring NRE/NRO banking compliance, handling power-of-attorney, and more.

✔ Fast Turnaround

You can expect loan approval in as little as 48–72 hours, depending on the bank and your profile.

Eligibility Criteria & Documents Required for Home Loan

Eligibility Criteria

Banks consider:

  • Country of residence

  • Income & employer profile

  • Credit score

  • Age

  • FOIR (Fixed Obligation to Income Ratio)

  • NRE/NRO account compliance

Your loan amount can typically be up to 75–90% of the property value.

Documents Required

KYC Documents

  • Passport & Visa copy

  • OCI/PIO card (if applicable)

  • Overseas address proof

  • Indian address proof

Income Documents (Salaried NRIs)

  • Last 6 months’ salary slips

  • Last 6 months’ overseas bank statements

  • Employment contract / offer letter

  • Work permit / residence card

Income Documents (Self-Employed NRIs)

  • Last 2–3 years’ audited financials

  • Business license / permit

  • Last 6–12 months’ bank statements

Property Documents

  • Sale agreement

  • Title deeds

  • Approved building plan

  • Allotment letter (if applicable)

Additional

  • Power of Attorney (PoA) in India — we help you draft and notarize it.

Who Can Apply for an NRI Home Loan?

You are eligible if you are:

  • An NRI (Non-Resident Indian)

  • A Person of Indian Origin (PIO)

  • An OCI Cardholder

  • Salaried or self-employed abroad

  • Aged 21–60 years (varies by bank)

Eligible Properties Under NRI Home Loans

Banks allow loans for:

  • Purchase of apartment/flat

  • Construction of house

  • Purchase of plot + construction

  • Home renovation/improvement

  • Home extension

How We Help NRIs Get a Home Loan Easily

Step 1: Free Eligibility Check

We take a close look at your financial situation and suggest the best bank for you.

Step 2: Rate Comparison & Bank Selection

You’ll receive rate options from various banks, allowing you to pick the best deal.

Step 3: Online Documentation Assistance

Our team is here to help you prepare, verify, and submit all your documents online.

Step 4: Loan Sanction

Get quick approval with minimal follow-ups.

Step 5: Disbursement & Property Registration

We work closely with your builder, seller, and bank to ensure a smooth completion of the final steps.

Your HOME LOAN is Just One Step Away...

Contact Us Now !

99111 71025

Frequently Asked Questions

Absolutely! Major banks and housing finance companies in India provide home loans for NRIs, PIOs, and OCI cardholders who want to buy, build, or renovate residential properties.

NRI home loan interest rates usually range from 8.45% to 9.50%, depending on the bank, your income profile, and where you live.

Typically, banks will finance between 75% to 90% of the property's value. Your final eligibility will depend on factors like your income, credit score, and job stability.

Not at all! You can complete the entire process—from application to approval—online. Some banks might ask for a Power of Attorney (PoA) in India, and we can help you with that.

You can pay your loan EMIs using either an NRE or NRO account, depending on the bank's policies.

Definitely! A CIBIL score of 725 or higher can significantly boost your chances of securing lower interest rates and higher loan eligibility.

Yes, they can! However, all applicants need to meet the bank's criteria. OCI/PIO co-applicants are also welcome.

You'll typically need to provide your passport, visa, proof of overseas address, income statements, bank statements, property documents, and a PoA. Keep in mind that requirements can vary by bank.

Most banks can approve NRI home loans within 48 to 72 hours after you submit and verify your documents.

Yes, they can! Self-employed NRIs will need to submit their business licenses, audited financial statements, and overseas bank statements.

Absolutely, NRIs can secure a home loan to purchase land or a plot in India, but there’s a catch: it’s typically only for residential plots, and they usually need to start construction within a certain timeframe.

Yes, there are tax perks for NRIs when it comes to home loans! They can take advantage of tax deductions under Section 24(b) and Section 80C, just like resident Indians, as long as they follow Indian tax regulations.

Knowledge Centre

Who is DSA

In the context of loans, DSA stands for Direct Selling Agent. DSAs are individuals or organizations that work as intermediaries between financial institutions (like banks or non-banking financial companies, NBFCs) and potential customers. Their primary role is to identify, approach, and assist potential customers in obtaining loans or other financial products.

Responsibilities of a DSA:

  • Customer Acquisition: DSAs identify and approach individuals or businesses who might need loans.
  • Documentation Assistance: They help customers with the necessary documentation and application process.
  • Preliminary Assessment: DSAs often perform an initial assessment of the customer's eligibility for a loan based on the financial institution's criteria.
  • Follow-up: They track the progress of the loan application and keep the customer informed.

DSAs play a crucial role in expanding the reach of financial institutions by bringing in more customers, especially in regions where the institution may not have a strong presence. Homeloanagents.in is one of the Top Home Loan DSA in Delhi.

Scroll to Top

Apply Now!
To get a callback within 24 Hrs

Please enable JavaScript in your browser to complete this form.