• Loan against plot of land and industrial property ! Take advantage of your property

    LAP

  • Loan to buy commercial property - Invest today ! Own your Office now

    LAP

  • Working capital facility for your company for expansion, new projects and Trade Finance !

    Working capital facility

  • Loan against rental discounting at an attractive rate, tenor upto 15 years !

    LARR

  • Foreclose your loan without any charges, transfer your high cost loan to lower ROI !

    Home Loan

  • Insure you and your family from all illness, ask for health insurance cover and protect your family

    Health Insurance

  • Get our car insurance offer from us - Door step service

    Auto Insurance

  • Get Project star rating for your real estate project from the rating agencies !

    Project Rating

  • 100% loan against your property value upto Rs.25 crs under SME scheme !

    SME

  • Business loan against residential property @ 11.25% floating upto Rs.25 crs !

    Loan against property

  • Register for Loan referral program online and multiply your income from today!

    Lead Referral

  • Invest in Real estate, pay 20% now and balance amount after posession of your flat

    Real Estate

  • Home loan for 30 years makes your emi affordable and easy to repay

  • Insure your life for Rs.1 crore at Rs.535.00 pm ! Secure your family !

    Term Insurance

  • Loan against property at 11.75% fixed for 5 yrs ! Limited time Offer !

  • Get a Unsecured Loan upto Rs.50 lacs and boost you business !

  • Builder finance at a very attractive rates !

    Builder Funding

  • Women home loan special offer @ 9.85% ! Limited period offer !

Tips for NRIs before buying property in India

With over 20.20 million of NRIs (Non-resident Indian) and PIOs (Person Of Indian Origin) across the globe, the overseas investment into Indian real estate has never been an issue. Majority of these people have invested in the homeland in consideration to their individual future plans.

Factors for consideration for NRIs while buying property in India

Which property can a NRI or PIO buy?
An NRI or Person of Indian Origin (PIO) can own both residential as well as commercial properties in India and there is no restriction on the number of properties you can buy. However, you cannot purchase any agricultural land, farm house and plantation property. You can have ownership of such property only if they have been gifted or inherited.

How to pay for these properties
The money for purchase of property can be made either by way of funds remitted to India from abroad through regular banking channels or through the balance in the Non Resident External (NRE), Non Resident Ordinary (NRO) or Foreign Currency Non Resident (FCNR) Account.

Repatriation of the capital gains
NRI and PIO have been allowed to repatriate original investment in equivalent foreign exchange in residential/ commercial properties. However, the gains from such transactions have to be re-invested in the real estate market in India.

Availability of home loan
Loan to an NRI is available the same way they would be to an eligible resident, for reference below mentioned criterion is must for availing home loan

Can NRIs sell or transfer property
An NRI can sell property in India to a person resident in India or to an NRI. A PIO can sell property in India to a person resident in India or to an NRI or a PIO but after having a prior approval from the Reserve Bank of India.