Maximum Tenure of NRI Home Loan: Up to 15 years
Living outside our Home country is not always easy. We deeply value of your hard earned money. That’s why We have a tenure of 15 years, so that EMI is lowered without affecting your Lifestyle and your dreams of owning a property in India
NRI Home Loan Interest Rate
We offers one of the most competitive rates in the market through different Banks and NBFCs. The Interest rate applicable is based on the Retail Prime Lending Rate (RPLR) which fluctuates from time to time based on the money market conditions.
NRI Home Loan Processing Fees
This is charged as the fee towards processing your home loan application. It varies according to case to case depending upon all the factors. Easy Repayments on you NRI Home loans
Now days Paying EMI is very easy through ECS (Electronic Clearing Service) based on standing instructions to your bank Legal and Technical Scrutiny
For easy and hassle free processing of your home loan, Our Associate Reaban Consortium is having in house legal and technical team , so your Home Approval process become fast and secure. They does
- Studying title deed, link documents and Encumbrance certificate (EC)
- Scrutinizing EC to ensure all title/link documents pertaining to the property are obtained
- Verifying documents to check that chain of seller(s) and buyer(s) is properly maintained
- Scrutinizing title/link documents to ensure that buyer has absolute and marketable title
- Ensuring that plot does not fall in areas adversely notified by Government and also that the property is not situated in lands notified as Government lands
- If the property is situated in recently developed, areas appropriate lay out approvals by necessary authorities are provided
- Whether actual construction is done according to the approved plan etc..
Tax Benefits: On your Home Loan
As per Indian IT Rules, the current applicable exemption u/s 24 is ` 1.5 lacs for the interest amount paid in a financial year and up to ` 1 lac for the Principal amount repaid in the same year. This tax benefit is applicable only if the applicant files Income Tax Returns in India. So don’t just dream about a home in India, buy it. Fill in the Enquiry Form on our site . Our Representative will get in touch with you to help you through the entire process.
