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What kind of home financing options can NRIs avail

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What kind of home financing options can NRIs avail

Last updated: January 14 2019
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  • #11

    #11

    Re : What kind of home financing options can NRIs avail

    Okay! How is the repayment of the loan? Through what channels can NRIs repay a home loan?

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    • #12

      #12

      Re : What kind of home financing options can NRIs avail

      kapilsemailinbox As per the processing of the loan, an NRI can use the money in his/her credit, in non-resident external (NRE) rupee or non-resident ordinary (NRO) or foreign currency non-resident (FCNR) account, maintained in India.
      Talk TRUE; Talk IREF

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      • #13

        #13

        Re : What kind of home financing options can NRIs avail

        Nice topic here. Can an NRI buy any kind of property and avail a loan for it?

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        • #14

          #14

          Re : What kind of home financing options can NRIs avail

          As per law, an NRI can invest in a residential or commercial property and banks offer loans for buying or constructing one.
          Talk TRUE; Talk IREF

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