Non Resident Indians

1. Purchase
This scheme is available only for Salaried persons having NRI/PIO status.
Loan Amount : Min.Rs.1,00,000/-
Loan to Property cost : 85% of total cost of the property including Stamp Duty & Registration Charges for loan up to 20 Lacs 80% of total cost of the property including Stamp Duty & Registration Charges for loan above20 Lacs and up to 75 Lacs 75% of total cost of the property including Stamp Duty & Registration Charges for loan upabove 75 Lacs .
Loan Term : Maximum term – For Persons with Professional Qualification – 15 years, for Others 10Years
Repayment Mode : Equated Monthly Installments (EMI)- Monthly Rest Basis
Rate of Interest : Contact nearest Office for details on the Prevailing Interest Rates
Upfront fees : As applicable from time to time
2. Construction
This scheme is available only for Salaried persons having NRI/PIO status.
Loan Amount : Min.Rs.1,00,000/-
Loan to Property cost : 85% of total cost of the property including Stamp Duty & Registration Charges for loan up to 20 Lacs 80% of total cost of the property including Stamp Duty & Registration Charges for loan above20 Lacs and up to 75 Lacs 75% of total cost of the property including Stamp Duty & Registration Charges for loan above 75 Lacs
Loan Term : Maximum term – For Persons with Professional Qualification – 15 years, for Others 10Years
Repayment Mode : Equated Monthly Installments (EMI) – Monthly Rest Basis
Rate of Interest : Contact nearest Office for details on the Prevailing Interest Rates
Upfront fees : As applicable from time to time
3. Extension
This scheme is available only for Salaried persons having NRI/PIO status.
Loan Amount : Min.Rs.1,00,000/-
Loan to Property cost : 85% of total cost of the property including Stamp Duty & Registration Charges for loan up to 20 Lacs 80% of total cost of the property including Stamp Duty & Registration Charges for loan above20 Lacs and up to 75 Lacs 75% of total cost of the property including Stamp Duty & Registration Charges for loan above 75 Lacs
Loan Term : Maximum term – For Persons with Professional Qualification – 15 years, for Others 10Years
Repayment Mode : Equated Monthly Installments (EMI) – Monthly Rest Basis
Rate of Interest : Contact nearest Office for details on the Prevailing Interest Rates
Upfront fees : As applicable from time to time
4. Repairs/Renovation
This scheme is available only for Salaried persons having NRI/PIO status.
Loan Amount : Min.Rs.1,00,000/-
Loan to Property cost : 85% of total cost of the estimate for loan up to 20 Lacs 80% of total cost of the estimate for loan above 20 Lacs and up to 75 Lacs 75% of total cost of the estimate for loan above 75 Lacs
Loan Term : Maximum term – For Persons with Professional Qualification – 15 years, for Others 10Years
Repayment Mode : Equated Monthly Installments (EMI)- Monthly Rest Basis
Rate of Interest : Contact nearest Office for details on the Prevailing Interest Rates
Upfront fees : As applicable from time to time
5. Plot Purchase
This scheme is available only for Salaried persons having NRI/PIO status.
Loan Amount : Min.Rs.1,00,000/-
Purpose : : Loan for purchase of residential plot by statutory authorities
Loan to Property cost : 75% of the property value
Loan Term : Maximum term – For Persons with Professional Qualification – 15 years, for Others 10Years
Repayment Mode : Equated Monthly Installments (EMI) – Monthly Rest Basis
Rate of Interest : Contact nearest Office for details on the Prevailing Interest Rates
Upfront fees : As applicable from time to time