What is NRI Home Loan?
An NRI Home Loan is a product designed specifically for NRIs so that they can invest in the India real estate market. It is an ideal loan solution to buy a house, build a house or even to renovate a house with the features such as flexible tenures, competitive rates and special provisions that help NRIs feel closer to their homeland and invest in a property they have always dreamed of.
We simplify your home loan journey - start to finish!
NRI Home Loan
DS Consultants is a trusted NRI Home Loan Consultant in Bangalore, offering tailored property finance solutions for Non-Resident Indians. With expert guidance, quick approvals, and flexible options, we make buying a home in India easy and hassle-free.
Who do Indian banks consider as NRIs?
Indian banks consider the following individuals as NRIs:
- Citizens residing abroad for employment, business, or studies.
- Persons of Indian Origin (PIOs) and Overseas Citizens of India (OCIs).
These individuals are eligible for NRI home loans, subject to FEMA and RBI guidelines, ensuring smooth compliance with banking regulations.
Properties which are eligible for applying NRI home loans
As per RBI and bank-specific guidelines, NRIs can apply for loans for the following property types:
- Purchase of new or existing homes or flats.
- New homeownership is built through construction.
- Additional accommodation to already built homes or flats or even alteration of existing homes or flats.
- Purchase of plots for residential purpose only (limited to purchase of Non-Agricultural Land within the municipal limit only).
DS Consultants is committed to helping NRIs navigate property regulations, identify eligible properties, and secure the right home loan. Count on us as your trusted partner for purchasing property in India.
