NRI Home Loan

At ICICI Bank, you can get a wide range of Home Loans for purchasing, constructing, repairing or redecorating your home thus providing a one-stop solution for your Home Loan needs. We offer affordable Home Loan at attractive interest rates and flexible tenure. Apply for a Home Loan online, conveniently from your home or office overseas. Avail digital sanction in 5 simple steps through Express Home Loan, a self-service digital platform for our existing as well as new non ICICI Bank customers.

NRI Home Loan EMI Calculator

• ₹ 0
• ₹ 10,00,00,000

Feature & Benefits of NRI Home Loan

Long Tenure

Home Loan Repayment tenure up to 30 years*

Attractive Rate of Interest

Repo Linked Interest rate

Database of Approved Projects

Choose your dream home from ICICI Bank’s Approved Project

Digital Sanction

Online sanction in 5 simple steps

More Convenience

Disbursement through power of attorney holder

Multiple Variants

Loan for builder purchase, fully constructed or under construction, resale , plot or self construction

*30 years tenure is available for NRI/OCI salaried customer residing in USA, UK, Canada, Singapore or seafarer

STEPS TO APPLY FOR NRI HOME LOAN

Step 1

Fill up your basic & income details

Step 2

Check & accept offer

Step 3

Payment of Processing Fee

Step 4

Upload KYC & income documents.

Step 5

Download provisional sanction letter*

TnC *This is only a provisional offer, in principle approval will only be after loan application is assessed by our credit manager.

NRI Home Loan Eligibility

Documents required for NRI Home Loan

Duly signed application form with passport size Photograph
(Applicable only if loan is applied in physical mode)

• Identity Proof : Valid Passport
• NRI Status Proof: Valid work visa/Residence permit/permanent citizen card.OCI card (applicable for OCIs only). In absence of OCI card, OCI declaration in ICICI Bank’s format to be submitted.
• Overseas Address Proof
• Indian Address Proof: (Proof is required only if selected as mailing/communication address)
• PAN card: in absence of PAN number, FORM60 to be submitted

• Latest 2 month’s Salary/Wage Slips Or Salary Certificate

• Latest 3 months overseas bank statement with salary credit

• Latest 3 Year audited/CA certified /CPA compiled/reviewed P&L accounts & Balance sheet (along with schedule)
• Latest 3 Year IT returns & computation of Income
• Copy of Incorporation of business(Equivalent to memorandum of association and article of association)
• Latest 6 months overseas operative bank statements
• Incorporation Certificate/ Company registration certificate
• Office Address Proof
• List of director and shareholding pattern

Overseas Credit Bureau Report

(Must reflect credit score & repayment history of overseas loans & credit card and not older than 45 days )

(Applicable for USA, Canada, UK, Singapore, Hong Kong , Germany, Kuwait , Saudi Arabia , Bahrain , Qatar, UAE, Oman, New Zealand, South Africa, Australia, Ireland)

Additional Document only required for Balance Transfer:
Last 1 Year Bank statement through which EMI is getting debited or statement of loan account

Disclaimer: This is an indicative list only. Additional documents may be asked for on a case-to-case basis..

NRI Home Loan FAQ's

Can an NRI/OCI apply for a Home Loan in India?

Yes. An NRI/OCI individual can apply for Home Loan in India.

For an NRI/OCI customer, what is the difference to apply online v/s offline mortgage loan?

As an NRI/OCI customer if you are applying through offline mode, you are required to be physically present in India and submit a signed physical application form along with self-attested KYC & income documents.

As an NRI/OCI customer if you are applying through online mode, you are required to upload a scanned copy of the original documents. In ICICI Bank, we have our online digital platform, Express Home Loan (EHL) through which our NRI/OCI salaried customers can apply. You can start the journey as either ‘New to Bank’ customer or ‘Existing customer'. Click here to start your mortgage loan application.