NRI Mortgage Loan

Home Loan

Getting a Mortgage Loan from ICICI Bank is quick and easy. Variety of products are available depending on your unique needs such as buying a house, building a house, purchasing property in India, etc. Whatever be your unique need, ICICI Bank has a loan product just for you.

 

Features and Benefits of Home Loan

Loan repayment tenure

Loan repayment tenure of up to 30 years

 

Doorstep assistance

Doorstep service in India till doorstep

 

Approved Projects

Choose from project approved for funding

 

Interest Rate

Option to avail floating or fixed interest rate

 

Loan Against Property

ICICI Bank Loan Against Property (LAP) can be availed for your business or personal needs. You can mortgage both residential and commercial property and avail loan with lower EMIs and tenure upto 10 years

 

Prominent features of ICICI Bank Loan Against Property (LAP)

 

Fund your business needs

Loan amount up to 5 Crores

 

Loan Tenure

Low EMI with up to 10 year tenure

Transfer your existing loans

All attractive interest rate

 

Top up Loans

Planning to redecorate your home or thinking of funding your child’s higher education or simply wanting to take that dream vacation, a top-up loan on your existing Home Loan could be the perfect solution.

 

Our Top-Up loan offers you a host of benefits:

    • Attractive interest rate
    • Low EMI
    • Tenure up to 20 years
    • Simplified documentation
    • Quick Processing

 

NRI Mortgage Loan Eligibility

Age Minimum: 21 Years
Maximum: 65 Years or retirement age whichever is earlier at the time of maturity of loan.
Eligible profiles Salaried: Minimum 1 year of employment overseas
Self-Employed:Minimum 3 years in current business overseas
Tenure Home Loan: 30 Years
Home Improvement Loan: 15 Years
Land Loan: 20 Years
Minimum Income 42,000 USD
Interest Rate
*7.70%
Processing Fee
10,000 INR + AT

 

Interest rate is linked to Repo Rate and vary on Loan amount, Product Type and Profile.

 

Documents required for NRI Home Loan

Sr NoDocument Type
1

Application form and passport size photographs

2

Identity Proof

3

Overseas and Indian address proof

4

Copy of Valid Passport and Visa Copy

5

Power of attorney

6

Salary Slip for 3 months

7

3 month bank statement

8

Appointment letter/employment contract

9

Credit Report

 

Please note these are basic documents required for Sanction. Additional documents may be required on case to case basis.