Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is the eligibility for obtaining NRI Home Loans?

April 26, 2017eligibility home loans NRI

0

Posted

What is the eligibility for obtaining NRI Home Loans?

3 Answers

0

Posted

Ans : Your eligibility is calculated in the same way as it is calculated for resident Indians.

0

Posted

The eligibility for an NRI is calculated on the same lines as a resident Indian. Emphasis is placed on the following for an NRI: a) Qualifications – the NRI applicant has to be graduate b) Current job profile & past experience c) Probability of staying abroad for the entire loan tenure d) Probability of servicing the loan with an extended tenure in case you have to return to India.

0

Posted

Your eligibility is calculated in the same way as it is calculated for resident Indians. More emphasis is laid on the following criteria in the appraisal of a NRI case: a) Qualifications – the NRI applicant has to be a graduate b) Current job profile & Past work experience c) Probability of continuing abroad for the loan tenure d) Probability of servicing the loan with an extended tenure in case you have to return to India.