How do i apply for an NRI Housing loan
Posted by Shubhangi Mahabole on January 27th, 2020
The entire process of buying a property in India for NRI’s is seamless. You can avail loans through NRI housing loans from banks at attractive EMI options. Therefore, if you are someone that is looking for an NRI housing loan option and want to learn more about it? Then all of the details and critical points are enlisted below.
• Benefits of NRI housing loans
Before we start with any of the technical aspects of housing loans, let’s talk more on the benefits that you can avail through these NRI housing loan options.
o Usually lower interest rates (sometimes)
o Applying and tracking of loans can be done from any part of the world.
• Eligibility
o For NRI’s, the minimum age of applying for a loan in India is 21. The maximum age is 60 years.
o You will require the assistance of an Indian citizen as a co-applicant , co-owner or guarantor of the property to avail the NRI house loan.
To know more detail you can visit: How do i apply for an NRI Housing loan on NRIGO.
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