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Axis Bank Home Loan for NRI

Planning that dream home in India? "An Indian citizen who holds a valid documents like Indian passport and who stays abroad for employment or for carrying on business or vocation outside India or stays abroad under circumstances indicating an intention for an uncertain duration of stay abroad is a NRI."This is the standard explanation by RBI to define NRIs.
NRI Home loans Axis Bank offers an exclusive home solution to cater NRI clients. The loan is offered for a maximum tenor of 15 yrs (180 months). The customer can make an instant online application. The aspirant should have a minimum overseas work experience of six months with total work experience of 2 years. Minimum age of the applicant should be 24 years. Maximum age limit is 60 years or retirement age (whichever is earlier), at the time of loan maturity.
The attractive rate of interest, speedy process and least documentation makes Axis Bank NRI home loan the first choice for buyers.

In a nutshell, even if you are staying outside India at present, the formalities may be completed online.
Note: Non Resident Indian (NRI), Person of Indian origin (PIO), Overseas Citizen of India (OCI), except Citizens of Pakistan, Bangladesh, Sri Lanka, Afghanistan, China, Iran, Nepal or Bhutan are eligible for this product.


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Home Loan Interest Rates

HDFC Bank 10.75% - 11%
Reliance Finance 11%
Dhanalakshmi Bank 12%
Barclays Bank 11% - 11.25%
HSBC 10.75% - 11%
Kotak Mahindra Bank 11.25% - 11.50%
DHFL 11.25% - 11.50%
Indiabulls 10.50%- 11.25%
First Blue 10.50% - 11.75%
Citi Bank 10.50% - 11%
Standard Chartered Bank 10.75% - 11%
Axis Bank 10.75% - 11%
ICICI Bank 10.50% - 11.75%
Deutsche Bank 10.75% - 11%
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