Any NRI can get a home loan in to buy a property in India as long as his income is enough to cover the eligibility needs of the Lender. You can easily apply to over 35 Lenders to quote you on a home loan by visiting www.IndianPropertyLoans.com
Answered by
B Malani, on Jan 26 at 1:08 am
DEAR BABITA,
I WOULD RECOMEND YOU TO VISIT EITHER HDFC LTD OFFICE WHICH CAN FUND YOU FOR ATLEAST 10 YEARS AND DEUTSCHE POSTBANK HOME FINANCE COMPANY WHICH WILL FUND YOU FOR 20 YEARS TERMS RATHER THAN LIC AS THERE (LIC) HAD A HECTIC PROCEDURE TO PROCESS THE APPLICATION AND HDFC AND DEUTSCHE WILL DISBURSE YOUR LOAN IN HARDLY A WEEK TIME YOU JUST HAD TO PROVIDE THE FOLLOWING DOCUMENTS:
1. 3 MONTHS SALARY SLIP
2. OVERSEAS SALARY ACCOUNT STATEMENT FOR 6 MONTHS
3. lABOURCARD / ID PROOF
4. PASSPORT COPY WITH VISA STAMPED
5. JOB CONTRACT COPY IF REQUIRED
6. LATEST CREDIT REPORT
7. NRE/NRO BANK STATEMENT(INDIA)
8. POWER OF ATTORNEY FORMAT AS PER BANKS FORMAT
JUST VISIT YOUR NEAREST OFFICE OF HDFC OR DEUTSCHE AND GET THE LIST OF DOCUMENTS.
Answered by
PACE HOUSING FINANCE, on Jan 20 at 1:57 pm
