All Loan to NRIs

Features and Benefits

Loans against NRE and FCNR(B) Accounts

To purchase land and construct House / Purchase a New House / New Flat / or the cost of extension / Renovation / Purchase of Old House / Flat / Takeover from other Banks/ FIs.

Reimbursement of Investments already made by the borrower provided the Investment has taken place within preceding one year.

Term Loan

For Metro centres - Up to Rs.500 lakhs

For Non-Metro centres - Up to Rs.300 lakhs

For renovation - Up to Rs.25 lakhs irrespective of any centre

For Top-up Loans - Maximum of 15% of the original Loan amount or Rs. 7.50 Lakhs whichever is Lower.

Eligibility and Terms

Non-Resident Indians (NRIs) holding Indian Passport or Persons of Indian origin (PIOs) holding foreign passport, singly or jointly or joint with Spouse or Close relatives of NRI applicant

NRI / PIO individuals / jointly with NRI / PIO or resident spouse aged between 21 and 50 years. In the case of Joint borrowers, any one of the applicants should below aged 50 years.

New Flats -25%

Purchase of Plot and construction of house there in -25%

Construction of house on existing plots – 10% on the cost of construction

Renovation /Purchase of Old House /Old Flat:

If the age of the house is below 5 years – 25%

If the age of the house is above 5 years – 40%

Old Flat irrespective of age – 30%

Repayment :

Minimum – 5 years

Maximum - 30 years or upto the age of 65 years of borrower whichever is earlier.

Security :

Equitable mortgage of the Land / House / Flat purchased / constructed / acquired under the Loan and the improvements / additions there to.

Interest and Fees

Interest :

Click RLLR Rates of Interest for RLLR based interest rates.

For Other Advances, Click MCLR Rates of Interest for MCLR based interest rates.

Fees & Charges

0.50% of the limit sanctioned Plus taxes as applicable.

TMB Home Loan For NRIs

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Features and Benefits

Eligibility and Terms

Interest and Fees

Features and Benefits

Eligibility and Terms

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TMB Home Loan For NRIs

Explore More

Features and Benefits

Eligibility and Terms

Interest and Fees

Features and Benefits

Eligibility and Terms

Interest and Fees