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NRI home loan qualification

By ResidenceBuy India  |  0 comments   |  1520 views  |   Feb 12 2012

Non-Resident Indians are also qualify for home loan in india as per RBI guideline. NRI can also buy house in india and avail loan up to 85%.
  • Indian citizens who stay abroad for employment or for carrying on business or vocation outside India or for any other purpose indicating an indefinite period of stay abroad
  • Government servants who are posted abroad on duty with the Indian missions
  • Government servants deputed abroad on assignments with foreign Governments or regional/international agencies like the World Bank, International Monetary Fund (IMF), World Health Organization (WHO),and Economic and Social Commission for Asia and the Pacific (ESCAP)
  • Officials of the State Government and Public Sector Undertakings deputed abroad on temporary assignments or posted to their branches or offices abroad

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