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NRI Home Loans
    NRI Home Loans
 
Types of Property
 
The bank will finance only the following types of properties: -
 
  • Allotted by Government / Government Bodies like Development Authority / Corporation / District Town and Country Planning Department.
  • Approved by Government/ Government Bodies like Development Authority / Corporation / District Town Planning and Country Department initially developed and sold by Registered House Building Cooperative Society or Private Developer of repute, after due conversion from the concerned Local Government Body/Authority.
     

    Borrower's Margin

     
    Country of Domicile of the NRI Maximum Margin on property *
    Purchase of Flat/House 20%
    Construction/Extension/Upgradation 20%
    Purchase of Plot 30%
     
    Note: Discretion with regard to the above is reserved with the Bank
     
     
     
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