ICICI BANK NRI Home Loans - Bangalore

ICICI Bank is India\'s largest private sector bank with total assets of Rs. 5,946.42 billion (US$ 99 billion) at March 31, 2014 and profit after tax Rs. 98.10 billion (US$ 1,637 million) for the year ended March 31, 2014.

Overview

NRI Loan:
Want to buy or build a new home? Purchase land? Whatever be your unique need, ICICI Bank has a loan product just for you.

Benefits

Attractive interest rates on a monthly reducing basis.
Choice from fixed and floating interest rates.
Part–prepayment facility for zero fees.
Free personal accident insurance to the extent of loan outstanding.
Doorstep service in India till disbursement.


Eligibility
Age

You must be minimum 21 years old.
For NRI applicant, maximum age limit is 60 years or retirement age (whichever is earlier) at the time of loan maturity.

Residential status

If salaried applicant, you should have been abroad for a minimum period of 1 year.
If self-employed applicant, you should have been abroad for a minimum period of 3 years.

Income

tenure between 11–15 years, minimum qualification to be Diploma/ Graduate with minimum 3 years of employment abroad or professional qualification with 1 year of employment abroad.