Home Loan

What’s in store for you?

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Types of Home Loan for NRIs

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NRI Loans Interest Rates

All rates are benchmarked to Policy Repo Rate. Current applicable Repo Rate = 5.50%

Interest Rates Starting From

Policy Repo Rate + 2.40% to 7.70%

7.90% p.a. to 13.20% p.a.

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Pradhan Mantri Awas Yojana

(Urban) 2.0 - PMAY (U) 2.0

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Pre-verified Properties

Explore pre-approved projects and get started.

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More About NRI Loans

NRE Savings Account

Transfer both the principal and interest abroad using NetBanking.
Enjoy tax-free interest on the savings in your account.

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High Loan Amount

Based on property value and income.

Flexible Tenure

Repayment period up to 15 years.

Attractive Interest Rates

Competitive rates with fixed or floating options.

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Prepayment and Foreclosure

No penalty for prepayment or foreclosure on floating-rate loans.

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Simplified Documentation

Streamlined paperwork for NRIs.

Tax Benefits

Tax deductions on interest (Section 24(b)) and principal repayment (Section 80C), if property is used for residential purposes.

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  • Whether you're an NRI, PIO, or OCI*, we have various types of loan options to suit your needs.

  • Loans for the purchase of properties from Development Authorities such as DDA, MHADA etc.

  • Loans for construction on a freehold / lease hold plot or on a plot allotted by a Development Authority in India.

  • Loans for purchase of properties in an existing Co-operative Housing Society or Apartment Owners' Association or Development Authorities settlements or privately built-up homes. 

  • Attractive interest rates.

  • Avail of Home Loan Advisory Services in the country where you currently reside

  • Property Search Advisory Services - expert legal and technical counselling to help you make the right home buying decision.

Frequently Asked Questions  

Yes, NRIs can avail Home Loans in India. HDFC Bank offers NRI Home Loans to help fulfil your dream of owning a home in India.

The loan amount for Non-resident Indian (NRI) depends on various factors such as income, eligibility criteria, and property value. You can use our NRI Home Loan Calculator to estimate your eligibility.

While a good credit score is important, the specific CIBIL score required for an NRI Home Loan may vary based on factors such as income, repayment capacity, and property value.