A "low interest" loan shouldn't mean you have very little interest in paying it back!
  • loading

    We found 2 HDFC NRI Home loan

    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    8.35% - 8.60% Floating
    Up to 0.5% (max. ₹11,500) One time fee
    5L - 10Crs
    1-30 Years
    Response Time Within 30 minutes
    Rs.5,000 Amazon voucher free
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria
    8.65% - 8.70% Floating
    Up to 0.5% (max. ₹11,500) One time fee
    5L - 10Crs
    1-30 Years
    Response Time Within 30 minutes
    Rs.5,000 Amazon voucher free
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria

    HDFC NRI Home loan is Rated as "Great!" by 4864 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Home Loan BYTES FROM OUR KITCHEN

    HDFC NRI Home Loan

    The Housing Development Finance Corporation, popularly known as HDFC, was established in 1994 and was amongst the first Indian Banks to obtain an in-principle approval from the RBI. HDFC serves over 28 million happy customers by offering a wide array of financial services and products including NRI, SME and wholesale banking solutions. When it comes to NRI banking, HDFC has specially crafted products like payment services, insurance, investments, loans and deposits which have been designed keeping in mind the requirements of Non Resident Indians. A pioneer in home loan portfolio, HDFC home loans will help you fulfil the dream of owning a property. Flexible tenures, minimal documentation requirements and expert guidance will ensure you a delightful home purchase experience.

    Home Loan Offers

    Types of HDFC Bank NRI Home Loans:

    • TruFixed Plus Home Loan – 2 Year Fixed Rate Variant

      This type of housing loan offers you the flexibility of part fixed rate term and part flexible rate term. Fixed rate can be availed for a maximum tenure of 2 years and post that, the loan will be automatically changed to adjustable rate to a total of 20 years.

    • TruFixed Plus Home Loan – 3 Year Fixed Variant

      This type offers customers the flexibility of having fixed rate for a term period and flexible rate for the remaining tenure. Under this scheme, you can avail a fixed rate for up to 3 years and flexible rate post that period for a total tenure of up to 20 years.

    • Adjustable Rate

      Linked to HDFC’s RPLR, Retail Prime Lending Rate, the interest rate will be revised once in 3 months. The revision will be based on the date of first disbursement with or without an EMI change. The interest component in monthly repayment may increase or decrease depending on the interest rate fluctuation.

    HDFC NRI Home Loan Eligibility and Documentation:

    Eligibility:

    This loan can be availed by a person who is residing abroad but is a citizen of India or is of Indian origin. The person might stay overseas for the purpose of employment, business, vocation or education. Generally, the eligibility criteria for NRI Home Loans will include age, income per annum and the number of years that the applicant has stayed abroad. Depending on loan tenures, the annual income criterion will also vary.

    Documentation:

    The documents required vary depending on the applicant’s employment, country of residence and source of income. The following documents might be asked for during the application process.

    Identity and Address Proof:

    Any one of the following documents - passport (compulsory), Voter ID, PAN Card with allotment letter and Aadhar

    Income Proof:
    • Salary slip for the last 3 months specifying name, date of joining, salary and designation
    • Copy of appointment letter or employment contract
    • Copy of the last 6 months’ bank account of NRI/NRO accounts in India and also that showing the salary credits
    • Most recent credit bureau report if applicable
    Other Documents:
    • Copy of valid resident Visa stamped on passport
    • Occupational history
    • Cheque for processing charges
    • Passport size photo of all applicants, signed across
    Property Documents:
    • Copy of Agreement of Sale
    • Title Deeds with previous chain of property-related documents
    • Receipts of all payments made to seller

    For a more exhaustive list of documents required and eligibility criteria, do enquire with the nearest HDFC Bank branch.

    HDFC Bank NRI Housing Loan Interest Rates:


    Countries : The UK, the USA, Singapore, Middle East and other countries
    Purpose: Home construction, resale property purchase and new home purchase
    Loan TypeLoan QuantumInterest Rate per annum
    Adjustable Rate Loan for WomenAny Quantum9.85 to 10.35%
    Adjustable Rate LoanUp to and including Rs.75 lakhs9.90 to 10.40%
    Over Rs.75 lakh9.90 to 10.40%
    TruFixed Plus Loan – 2 & 3 year fixed variantUp to & including Rs.75 lakh9.95 to 10.45%
    Above Rs.75 lakh to Rs.5 crores10.05 to 10.55%
    Above Rs.5 crore10.15 to 10.65%
    TruFixed Plus Loan – 10 year Fixed VariantUp to & including Rs.75 lakh10.05 to 10.55%
    Above Rs.75 lakh to Rs.5 crores10.20 to 10.70%
    Above Rs.5 crore10.30 to 10.80%

    The rates given above are applicable for the purchase of a new home, resale property purchase and home construction in India by NRI’s residing in the UK, the USA, Singapore, Middle East and other countries.

    HDFC NRI Home Loan – Fees and Charges:

    Processing ChargesRs.2000 or up to 1.25% of loan amount, whichever is higher plus taxes
    Switching from Adjustable Interest Rate options0.50% of outstanding plus disbursed amount or Rs.50,000 whichever is lower plus taxes
    Delayed Payment ChargesAdditional interest of up to 24% per annum
    List and photocopy of documentsUp to Rs.500 each
    PDC SwapUp to Rs.200
    To increase or decrease loan termUp to Rs.500

    HDFC NRI Housing Loan EMI Calculator:

    Before securing a home loan for the property of your choice, you should assess your affordability. This will ensure that you don’t go overboard with the loan amount and also help you select a property that fits your budget. You don’t have to waste a minute of your precious time by manually calculating the repayment. Instead, you can use an online home loan EMI calculator – you just have to input essential details like loan amount, interest rate, tenure in years and processing charges. In an instant, the EMI calculator will project the amortization details and total interest to be paid towards the loan. You can check if the EMI is affordable and keep varying the parameters till you arrive at a comfortable repayment schedule.

    Features and Benefits of HDFC NRI Home Loan:

    • HDFC offers housing loan for NRIs with very competitive and affordable interest rates and flexible tenures.
    • Customers don’t have to worry about hidden charges and are guaranteed of a transparent loan processing procedure.
    • HDFC Housing Loans for NRIs can be availed for a variety of reasons like purchase of new home, property construction and for purchase of resale property.
    • Loans are extended to people residing in countries like the UK, the US, Singapore and a list of other countries. Also, those employed in the Merchant Navy can avail HDFC NRI Home Loans.
    • Borrowers are offered home loan advisory services in the country that they currently reside.
    • Flexibility to select from floating or fixed interest rates.
    • A maximum tenure of up to 20 years will ensure that the EMI is made affordable.

    HDFC NRI Home Loan FAQ

    1. Am I allowed to make a prepayment of the loan?

      Yes. For prepayment amount up to and including 25% of principal balance for the corresponding financial year, no prepayment charges will be levied. For part-prepayment over 25% of loan amount will attract a charge of 2% of amount being prepaid plus taxes.

    2. Can I convert from TruFixed plus Home Loan to adjustable interest rate option during the period of initial rate of interest?

      Yes. You are offered the flexibility to convert during the fixed tenure by making a payment of an upfront conversion fee of 1.75% of principal outstanding plus the undisbursed amount with additional taxes.

    3. What is the charges for re-appraisal of loan?

      For re-appraisal of loan after 6 months from the date of sanction, customers have to pay a nominal fee of up to Rs.2000 plus additional tax charges.

    4. Can I nominate my friend as a co-applicant?

      No. Co-applicants can only be family members like parents, spouse or children. All proposed owners have to be co-applicants of the property.

    5. What is the maximum loan amount that is offered by HDFC for NRI housing loans?

      For loan amounts up to Rs.75 lakhs, 80% of the property cost is offered as loan. For loan amounts exceeding Rs.75 lakh, 75% of the cost of property is offered as funding. However, the quantum of loan is also based on the market value of property and the applicant’s repayment capacity which will be suitably assessed by HDFC.

    6. Can I avail a tenure of 20 years for my loan?

      Tenure is decided based on the profile of applicant, customer’s age at maturity, age of property at maturity of loan and also on the loan quantum and repayment scheme. However, the maximum tenure is 20 years and a suitable tenure is offered after assessing the above parameters.

     Loading your search... Loading your search...
  • HDFC NRI Home Loan Reviews

    • HDFC Limited Home Loan
      "Satisfied"
      0.5 5.0/5 "Blown Away!"
      I have postponed my plan due to some other personal reason with the HDFC limited for the home loan. I would like to say that the rate of interest was a kind of okay for me on that time . Customer service and other things are good one with the HDFC limited.
      Was this review helpful? 0
      , ahmedabad
      Reviewed on Jun 24, 2017
    • HDFC Limited Home Loan
      "Good Process"
      0.5 4.0/5 "Great!"
      I had availed home loan from HDFC ltd. I had got this loan for 18 lakhs. And the interest rate in the beginning was around 9.50% after which I put an application to reduce the interest rate, hence they reduced it further to 8.50%. There were no challenges with the bank during the entire loan process.
      Was this review helpful? 0
      , jaipur
      Reviewed on Jun 24, 2017
    • HDFC Limited Home Loan
      "High on ROI"
      0.5 4.0/5 "Great!"
      HDFC LTD has provided me the home loan with ease. I did not have to follow much on the process. I got the loan on time. The verification went well too. The institution is very high on the interest rate and the processing charges are also very high.
      Was this review helpful? 3
      , bangalore
      Reviewed on Jun 23, 2017
    • HDFC Limited Home Loan
      "Better "
      0.5 4.0/5 "Great!"
      HDFC limited have contacted me after sometime from the time of inquiry for the home loan. Rate of interest was around 8.5%, which was bit huge one for me , also I am okay with that. Customer service and other things were good only.
      Was this review helpful? 1
      , pune
      Reviewed on Jun 22, 2017
    • HDFC Limited Home Loan
      "Service to be get improved"
      0.5 1.0/5 "Really Bad"
      Nobody have contacted me from the HDFC limited for the home loan, which I have inquired. Rate of interest was around 8.6%, also I am okay with them. In future, I would like to go ahead with them in future and I request them to contact the customer as soon as possible.
      Was this review helpful? 1
      , mumbai
      Reviewed on Jun 22, 2017
    • HDFC Limited Home Loan
      "Satisfied"
      0.5 4.0/5 "Great!"
      I did not taken the home loan with the HDFC limited because I have already arranged the funds from my end. Customer service is very good one and the response is also good one. The rate of interest was around 8.5% with the HDFC limited, also I am comfort with them.
      Was this review helpful? 0
      , mumbai
      Reviewed on Jun 22, 2017
    • HDFC Limited Home Loan
      "Best"
      0.5 4.0/5 "Great!"
      Within twenty days of time, I have got the home loan with the HDFC limited and the response and other things with the HDFC limited was good one, also the customer service too. Rate of interest was around 8.5%, which was not okay for me , also they have told post documentation process , rate of interest would not get changed.
      Was this review helpful? 0
      , guwahati
      Reviewed on Jun 22, 2017
    • HDFC Limited Home Loan
      "Better "
      0.5 4.0/5 "Great!"
      I got the home loan with the HDFC limited and the interest rate is around 8.35%, also the loan amount got sanctioned in twenty five days of time. Customer service is good and the processing charged was around 0.5% of the total capital amount, also I am very much happy with them.
      Was this review helpful? 0
      , chennai
      Reviewed on Jun 22, 2017
    • HDFC Limited Home Loan
      "Good"
      0.5 4.0/5 "Great!"
      I got the home loan with the HDFC limited and the interest rate was around 8.4%, also the loan amount got disbursed within a week of time. Service aspects and everything is fine one for me. They have provided around 80% of the cost of home as loan. Documentation process were nominal one with the HDFC limited.
      Was this review helpful? 0
      , chennai
      Reviewed on Jun 22, 2017
    • HDFC Limited Home Loan
      "Good Process"
      0.5 5.0/5 "Blown Away!"
      There was no issues with HDFC ltd for the housing loan. I had taken this loan for the interest rate of 9.30%. The loan process went good and there was no hassles with HDFC ltd. Customer service is quite good and they supported well throughout the loan process.
      Was this review helpful? 0
      , pune
      Reviewed on Jun 20, 2017
    • HDFC Limited Home Loan
      "Its Average"
      0.5 3.0/5 "Satisfactory"
      My first home loan was taken from HDFC Ltd, second loan with ICICI. But I felt ICICI is better than HDFC ltd, because HDFC ltd is not clear when it comes to loan transaction, I cant see the pending principle amount through netbanking properly. I took the amount of 11 lakhs and this is for a tenure of 15 years.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jun 20, 2017
    • HDFC Limited Home Loan
      "Good Process"
      0.5 4.0/5 "Great!"
      Twelve years back I had taken the housing loan from HDFC finance limited. And the current interest rate is 9.25% and I am asking them to reduce it to 8.5%. Customer service and responsiveness are good with HDFC Ltd. They done with the process without any hassles.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Jun 19, 2017
    • HDFC Limited Home Loan
      "Average "
      0.5 3.0/5 "Satisfactory"
      I have not taken the home loan with the HDFC limited because I have arranged through some other sources. Services are fine with them and the rate of interest was around 8.35%. Rate of interest and the processing charges were happy.
      Was this review helpful? 1
      , bangalore
      Reviewed on Jun 16, 2017
    • HDFC Limited Home Loan
      "Unprofessional services"
      0.5 1.0/5 "Really Bad"
      I have taken a home loan from HDFC Ltd and I am not happy with the customer services. They are not professional in communicating to the customer and they do not know how to behave at the bank as well. The interest rate and processing charges is normal.
      Was this review helpful? 1
      , thane
      Reviewed on Jun 16, 2017
    • HDFC Limited Home Loan
      "Happy Service"
      0.5 5.0/5 "Blown Away!"
      A year ago, I had taken a home loan from HDFC Ltd. They quoted an interest rate of 8.60%. The loan process was very simple and there were no challenges for the loan. They had done with the process in a proper way and I am quite happy with HDFC Ltd...
      Was this review helpful? 0
      , ranchi
      Reviewed on Jun 16, 2017
    • HDFC Limited Home Loan
      "Good in response"
      0.5 3.0/5 "Satisfactory"
      Due to my personal reasons I have postponed my plan for the home loan at HDFC LTD. The team responded to me on time and given me proper information. There were calls in between the process as well. The rate of interest and processing charges was normal.
      Was this review helpful? 0
      , mumbai
      Reviewed on Jun 15, 2017
    • HDFC Limited Home Loan
      "Good deal on ROI. Can do better in services"
      0.5 4.0/5 "Great!"
      I have taken my home loan from HDFC Ltd. The overall experience was good. But when I walked in to their office for a one to one discussion. The meeting did no take place at the promised time instead I had to wait for two hours. The interest rate was a good deal. I got a rate of 8.35% an the processing charges was nominal too.
      Was this review helpful? 1
      , new delhi
      Reviewed on Jun 15, 2017
    • HDFC Limited Home Loan
      "Quick response"
      0.5 4.5/5 "Excellent!"
      I did not go ahead with HDFC Ltd for the home loan because I got a similar deal from my existing bank and I did not want the hassle of documentation. The services from this institution was good, they were on time and the rate they offered was also reasonable. It was of 8.5%.
      Was this review helpful? 0
      , delhi
      Reviewed on Jun 15, 2017
    • HDFC Limited Home Loan
      "Nice service"
      0.5 5.0/5 "Blown Away!"
      HDFC ltd is good for my housing loan. I am much happy with them because of the loan I had received. I do not remember the rate of interest but which is very nominal when compared with other banks. The way of customer approach and response is good with HDFC ltd.
      Was this review helpful? 1
      , hyderabad
      Reviewed on Jun 14, 2017
    • HDFC Limited Home Loan
      "They should provide prompt response to the customer"
      0.5 1.0/5 "Really Bad"
      No body have called me from Hdfc ltd for the home loan, at the I have approached PNB but that deal also cancelled because of interest rate. HDFC Ltd should consider each and every customer as prime customer and they should give response to their request.
      Was this review helpful? 0
      , kolkata
      Reviewed on Jun 14, 2017
    Common Loader Icon
  • reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.