Icici Nri Home Loan

[Current Date] Subject: Product overview, eligibility, and process for ICICI Bank NRI Home Loans Prepared For: Prospective NRI Borrowers / Advisory Team

Principal repayment must be made from NRE/NRO account or inward remittance. Interest portion can be paid from NRO account.

: ICICI provides localized assistance in several countries and doorstep document collection in India. icici nri home loan

NRIs can repay via:

: There are generally no charges for part-prepayments or full foreclosure on floating-rate loans. NRIs can repay via: : There are generally

: Choose between floating rates (linked to external benchmarks) or fixed rates for specific initial periods.

Ideal for salaried NRIs in high-income countries with long-term intent to retain or lease property in India. It is advised to pair the loan with an ICICI NRE Savings Account for seamless repayment and remittance tracking. It is advised to pair the loan with

[Your Name/Department] For latest rates, visit: ICICI Bank NRI Services

| Feature | Detail | | :--- | :--- | | | Purchase/construction of residential property (ready-to-move, under-construction), plot purchase (subject to LTV), home improvement/extension. | | Maximum Loan Amount | Up to INR 5 Crores (higher on exceptional basis). | | Loan-to-Value (LTV) | Up to 80% of property value (typically 75-80% for NRIs). | | Interest Rate | Typically 0.25% – 0.50% higher than resident rates. Current range: ~8.50% – 9.50% p.a. (floating, linked to Repo or EBLR). | | Loan Tenure | Maximum 20-25 years (subject to retirement age of co-applicant/resident parent). | | Processing Fee | Up to 1% of loan amount (plus GST). | | Prepayment Charges | Nil for floating rate loans (as per RBI norms). |