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Can a NRI (Non Resident Indian) avail of a housing loan?

April 26, 2017avail HOUSING indian loan NRI resident

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Can a NRI (Non Resident Indian) avail of a housing loan?

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Yes, Non Resident Indians can avail of a NRI housing loan to buy a property in India. However, the loan disbursement process as well as the terms & conditions for a loan taken by a NRI are different than regular home loans granted to Indian residents.