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Loans for NRIs & OCI Cardholders
For an NRI or OCI cardholder buying in Hyderabad, the first question is not the rate. It is whether you are permitted to buy the property at all. Under foreign exchange law you may acquire residential and commercial property freely, and you may not acquire agricultural land, plantation property or a farmhouse - and that bar holds even if the purchase is routed through a power of attorney, which is the workaround people most often ask about. Inheritance and a gift from a relative are the recognised exceptions, and property you already owned before becoming an NRI is unaffected. Getting this settled before you pay an advance is the single most useful thing on this page, because a purchase that is not permitted cannot be financed and is difficult to unwind.
Loan Options for NRIs & OCI Cardholders
We understand nri income. Our advisor matches you with the right lender.
Why NRIs & OCI Cardholders Get Better Rates
Same Property Rights as Residents, With Limits
Residential and commercial property may be acquired without special permission. The limits are specific and are set out on this page rather than buried.
EMI From NRE or NRO Accounts
Repayment is generally serviced from an NRE or NRO account or by inward remittance, so the account structure is worth settling before the loan rather than after.
Repatriation Is Rule-Bound, Not Blocked
NRE and FCNR funds are repatriable. Remittances from an NRO account are capped at USD 1 million per financial year and need Form 15CA and 15CB.
Power of Attorney for Registration
Where you cannot travel for registration, a registered Power of Attorney lets a trusted person in India complete it - though it cannot extend what you are permitted to buy.
Loan Products for NRIs & OCI Cardholders
Click any loan type to compare rates, eligibility, and lenders in detail.
How Much Can You Borrow?
Indicative amounts for nris & oci cardholders with CIBIL 750+ and no existing EMIs. Actual amount may vary by lender.
Based on 50% FOIR, 5-yr personal loan tenure and 20-yr home loan tenure. Higher existing EMIs reduce eligibility proportionally.
Specialty Loan Solutions
Beyond standard loans - products built specifically for nris & oci cardholders.
NRI Home Loans
Purchase of residential property, assessed on overseas income
Loan Against Property
Raised against property already held in India
Construction Finance
For building on a permitted, non-agricultural plot
Compare Your Options as a NRI
Our advisor specialises in nri income. We compare 25+ lenders and negotiate on your behalf - for free.
Eligibility Criteria
Most nris & oci cardholders meet these. Our advisor confirms your exact eligibility before applying.
Documents Required
Exact requirements vary by lender and loan amount. Our advisor confirms the final checklist for you.
Identity & Status
- Valid passport and current visa, or OCI card
- PAN card
- Overseas address proof for KYC
- Passport-size photographs
Income & Banking
- Salary slips or employment letter from the overseas employer
- Overseas bank account statements, typically 6 months
- NRE or NRO account statements
- Overseas tax return, where the lender asks for it
Property & Representation
- Sale agreement and title documents for the property
- Registered Power of Attorney, where someone in India will sign on your behalf
- Proof of inward remittance, for the funds already paid
- Encumbrance certificate for the property
How to Get Your NRI Loan
Quick Call
Tell us your profession and requirement. Our advisor understands your income type.
Documents
We collect only what's needed - no repeated asks, no unnecessary paperwork.
Matched Offer
We compare 25+ lenders and present the strongest offer you qualify for.
Disbursement
Money in your account - as fast as same-day for pre-approved cases.
Loan FAQs for NRIs & OCI Cardholders
No. Agricultural land, plantation property and farmhouses may not be acquired by NRIs or OCI cardholders under foreign exchange law, and the bar applies regardless of where the money comes from. It also holds where the purchase is routed through a power of attorney. Inheritance and a gift from a relative are recognised exceptions, and land you owned before becoming an NRI is unaffected.