Explore NRI Mortgage Loans

Yes, NRI/OCI customer can apply for a Home Loan in India.

There is no capping to the loan amount which can be availed by NRI. Loan amount depends on eligibility.

Yes, both NRIs and Resident Indians can be co-applicants.

No, an Aadhaar Card is not mandatory. however it can be used as address proof if available.

Yes, ICICI Bank NRE/NRO Account is required at the time of loan disbursement.

You can use the Eligibility Calculator for precise information.

Yes, an NRI/OCI customer from the USA can apply for a Home Loan in India.

Offline: You can visit our Branches in India and apply by submitting required documents

Online: Upload scanned copies through ICICI Bank Express Home Loan (EHL) platform. Salaried NRI/OCI customers can apply as a ‘New to Bank' customer or an ‘Existing customer’. Click here to start your Mortgage Loan application.

Yes, a PIO is eligible to apply for a Home Loan in India.

You can apply online through our Express Home Loan platform. Click here to start the application process. Our team will get in touch with you for further processing.

No, you can apply online for a Mortgage Loan without visiting India. An NRI/OCI customer can now apply online through our Express Home Loan platform and avail a provisional sanction letter. Click here to apply now.

The maximum tenure for a Home Loan is up to 30 years depending on customer’s eligibility.

Yes, Loan Against Property can be availed against residential or commercial property located in India.

Indian address proof is mandatory only if it is provided as a communication address in the application form.

Yes, overseas address proof is mandatory only if an overseas address is selected as the communication address.

If you are holding a foreign passport, you must qualify as an Overseas Citizen of India (OCI) to apply for a Mortgage Loan. It is mandatory to provide an OCI Card or a declaration to apply for a loan. In the absence of the OCI Card, OCI declaration in the Bank’s format must be signed and submitted by the customer. Click here for the OCI declaration format.

Yes, an OCI customer can apply for a Mortgage Loan. In the absence of an OCI Card, OCI declaration in the Bank’s format must be submitted.

Yes. A valid residence visa/ work permit/ permanent citizen card or an equivalent document is mandatory to establish NRI status.

Yes, an NRI/OCI customer can apply for a Balance Transfer.

a. Valid passport (the first, last & latest stamping pages)

b. Valid visa (Residence visa/ work permit/ permanent citizen card)

c. OCI Card (if applicable) or OCI declaration (Click here for the OCI declaration format)

d. Address proof (Indian or Overseas)

e. PAN: For NRIs, PAN is mandatory. For OCIs, either PAN or Form 60

f. Salary slip for the last month

g. Overseas bank statements for the last 3 months (In case salary crediting in multiple accounts, please upload all the bank account statements)

h. Latest detailed credit report from Experian/Equifax/Transunion

Yes, an active ICICI NRO Account is required for availing Loan Against Property or Top-up. The disbursed funds must be credited only to NRI/OCI customer’s NRO Account.

Yes. The sanction letter is valid for a period of 6 months or 180 days from the date of issue.

An NRI/OCI customer can avail either fixed or floating rate of interest.

To check the rate of interest, click here

Yes. You can make part payment of a Home Loan any time after disbursement. There will be no fee if you have taken a loan on floating interest rate.

Power of Attorney (POA) is optional for disbursement. If customer is in India at the time of loan disbursement, then a POA is not required. But if customer is not in India at the time of loan disbursement, then a POA is mandatory to complete the loan formalities on your behalf.

The POA holder can be anybody from your family, friends or neighbours residing in India.

No, POA execution is not needed at the time of applying for a Mortgage Loan. The customer must execute a POA before disbursement.

You can execute a POA document overseas at your country of residence. Print the POA format, visit the Indian Embassy, sign and get it attested from the embassy officials. Alternatively, POA can be executed through notarisation by a notary officer in all countries except Gulf Cooperation Council (GCC) countries.

No, the POA must be executed only in ICICI Bank’s format.

You can apply for a Top-up Loan on your existing Home Loan. If you are an NRI salaried customer currently residing overseas, use the Express Home Loan (EHL) platform. If you are in India, visit any ICICI Bank Branch.

Yes, you can transfer your loan and get an additional Top-up Loan.

Yes, you can combine a Top-up Loan with a Balance Transfer.

LTV is the maximum loan that you can get based on property market value

Your loan will be disbursed after you have selected a property, submitted all necessary documents for legal and technical verification and paid your contribution amount. For builder properties, funds will be directly credited to the builder’s account. For under-construction properties, disbursement will happen as per the stage of construction. For LAP and Top-up Loans, funds are disbursed to the applicant's NRO Account only.

You can repay the loan through Equated Monthly Instalments (EMIs), covering both interest and principal, from your NRE/NRO Savings Account linked to the loan. In case of part-disbursement of the loan, the monthly interest is payable only on the disbursed amount. This is called pre-EMI interest and is payable monthly till the final disbursement is made, after which EMIs will commence.

If you are an NRI customer, Indian address proof is mandatory only if you provide an Indian address as your mailing/communication address. The documents accepted as Indian address proof are:

• Valid Passport

• Aadhaar Card

• Valid Driving Licence

• Voter ID

• NREGA Job Card

• Letter from National Population Register

If you are an NRI customer, overseas address proof is mandatory only if you provide overseas address as emailing/communication address. Below documents are accepted as overseas address proof:

• Valid US Passport

• Valid Driving Licence

• OCI card

For any post-disbursement related services, click here to log in and submit your request.

(Example: For part payment or interest rate conversion or to obtain account statement or tax certificate or to change repayment account etc.)