ICICI Bank provides Best Home loan to NRIs

Posted by Simran Singh
3
Jul 18, 2012
536 Views


The India’s First largest ICICI Bank has planned a particular kind of home loan to cater to the needs of Non-Resident Indians (NRIs) who plan to buy properties in India.

 

ICICI Home Loan to NRI offers an extensive range of products considered to facilitate NRIs to buy or build their long dream home in homeland. The bank has specific eligibility criteria to authorize NRI loans.

 

The NRIs are accepted under the Foreign Exchange Regulation Act, 1973. Every bank and housing finance companies follow the RBI guidelines to characterize NRIs. Most of them think a lot before investing on properties in India and most of the time put off the plan due to effort, research and planning involved in it.

 

NRI applicants can make an online application for Home loans. The procedure followed is very easy. The repayment tenure for salaried NRI applicants is up to 15 years and for self-employed is up to 10 yrs for purchase or construction of a new home.

We offer NRI Home Loan in India and also Compare Home Loan rates and deals from India, including Home Loans from Banks and Housing Finance Corporations.

 

For more information please visit our website Loaninindia.com

 

 

Comments
avatar
Please sign in to add comment.