Invest Property Home loans
💳 Step 2 of 4 · Funding

Best NRI home loans · 6 banks compared

Rates 8.5–9.5%, max LTV 75–80%, tenure up to 30 years. Income proof from overseas employer + NRE/NRO history required.

⭐ Top picks · digital + NRI-friendly

Public sector + specialised

⭐ Our pick

For most NRIs, ICICI wins on digital. SBI wins on rate.

ICICI processes most of the loan online from your overseas address. SBI undercuts on rate by 35-50bps but requires a branch visit (or a power of attorney + Indian co-applicant). HDFC sits in between — branch experience but excellent NRI service desk.

Online-first applicant · busy NRI

→ ICICI NRI Home Loan (8.75%)

Application + sanction + disbursement entirely online if you already have an ICICI NRI account. 80% LTV, 30-year tenure. Processing fee 0.5% capped at ₹50K.

Lowest rate · willing to do paperwork

→ SBI NRI Home Loan (8.40%)

35-50bps cheaper than private banks. On a ₹1cr loan over 20 years, that's ~₹6L saved. But branch + papers + Indian co-applicant typically required. Worth it for cost-conscious NRIs with India trip planned.

US-NRIs · FATCA-friendly

→ Kotak NRI Home Loan (8.85%)

Kotak doesn't push back on US-NRI applicants the way some other banks do. If you've had FATCA friction before, Kotak's NRI desk handles it cleanly. Rate slightly higher but cleaner process.

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