RSP LIC Housing Finance Limited

Home Loan for NRI

RSP LIC HFL provides home loan for NRIs aiming to own property in India, with customizable products and low rates.

  • RSP LIC HFL provides home loan for NRI (Non-Resident Indians)  looking to invest in property in India. Our suite of products can be personalized to align with your specific home loan eligibility criteria and are offered at highly competitive interest rates.
  • Whether you’re dreaming of a cozy apartment or a spacious villa, we’re committed to helping you turn that dream into reality.
  • Explore our flexible financing solutions for your retirement.

Salary Person

Easy loans for employed individuals.

Self-Employed

Flexible financing for businessmen.

NRI Person

Specialized loans for non-resident Indians.

Learn More About

RSP LIC HFL's Home Loan for NRI

RSP LIC Housing Finance Limited (RSP LIC HFL) is a leading provider of housing finance solutions in India, specifically to Non-Resident Indians (NRIs) who are interested in investing in property back home. For NRIs, owning a piece of property in India can be both a financial investment and an emotional connection to their roots. RSP LIC HFL recognizes this and offers a range of products and services to meet the unique needs of this customer segment.

 

One of the key offerings of RSP LIC HFL is its home loan products designed specifically for NRIs. These loans are structured to accommodate the specific eligibility criteria that NRIs need to meet, taking into account factors such as their income, employment status, and credit history. By personalizing the loan products, RSP LIC HFL ensures that NRIs can access the financing they need to purchase property in India without unnecessary hurdles.

 

Competitive interest rates are another hallmark of RSP LIC HFL’s offerings. By offering interest rates that are on par with or better than those of other financial institutions, RSP LIC HFL makes its home loans an attractive option for NRIs looking to invest in Indian real estate. This competitive edge helps ensure that NRIs can maximize the return on their investment while keeping their borrowing costs manageable.

 

RSP LIC HFL understands that owning a home is a deeply personal aspiration for many individuals. Whether it’s a cozy apartment in the heart of the city or a spacious villa in the suburbs, RSP LIC HFL is committed to helping NRIs turn their dream of homeownership into a reality. This commitment is reflected in the flexible financing solutions that RSP LIC HFL offers, allowing NRIs to choose the loan terms and repayment options that best suit their needs and preferences.

 

The journey to homeownership can be daunting, especially for NRIs who may be unfamiliar with the intricacies of the Indian real estate market. That’s why RSP LIC HFL is dedicated to providing the support and guidance that NRIs need every step of the way. From the initial loan application to the final property purchase, RSP LIC HFL is there to offer expert advice and assistance, ensuring that NRIs can navigate the homebuying process with confidence.

 

RSP LIC Housing Finance Limited is committed to empowering NRIs to achieve their dream of owning property in India. Through personalized home loan products, competitive interest rates, flexible financing solutions, and expert guidance, RSP LIC HFL provides NRIs with the tools they need to make their dream of homeownership a reality. Whether it’s a cozy apartment or a spacious villa, RSP LIC HFL is here to help NRIs embark on their journey to homeownership with confidence and peace of mind.

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Maximum Loan Amount and Repayment Period

Note: ROI updated as on 01.05.2024 - LHPLR - 17.05% 1. For joint applicants, we consider the CIBIL score of the applicant with the highest score. 2. The total loan amount should not go beyond 10 crores under the Advantage Plus Scheme.

  • 90% of the property value is available for loans up to Rs. 30 lakhs.
  • 80% of the property value is available for loans more than Rs. 30 lakhs and up to Rs. 75 lakhs.
  • 75% of the property value is available for loans above Rs. 75 lakhs.
  • For Salaried up to 30 Years
  • For Self-employed up to 20 Years

Cibil Score: 750 & above

  • Loan Slab: Up to Rs. 15 Crores
  • ROI: 9.10%

Cibil Score: 700-749

  • Loan Slab: Up to Rs. 15 Crores
  • ROI: 9.25%

Features

RSP LIC HFL - Home Loan for NRI Features

RSP LIC HFL offers customizable and low rates home loans for NRIs, facilitating property ownership in India with ease.

home loan for nri

CIBIL Range

Interest Rate on Home Loan

ROI updated as on 01.05.2024

Salaried & Professional:

  • 8.50% (Up to 2 Crores)
  • 8.70% (More than 2 Crores & up to 15 Crores)

Non-Salaried & Non-Professional:

  • 8.60% (Up to 2 Crores)
  • 8.80% (More than 2 Crores & up to 15 Crores)

Salaried & Professional:

  • 8.75% (Up to 2 Crores)
  • 8.95% (More than 2 Crores & up to 15 Crores)

Non-Salaried & Non-Professional:

  • 8.85% (Up to 2 Crores)
  • 9.05% (More than 2 Crores & up to 15 Crores)

Salaried & Professional:

  • 9.55% (Up to 50 Lakhs)
  • 9.75% (More than 50 Lakhs & up to 2 Crores)
  • 9.90% (More than 2 Crores & up to 15 Crores)

Non-Salaried & Non-Professional:

  • 9.65% (Up to 50 Lakhs)
  • 9.85% (More than 50 Lakhs & up to 2 Crores)
  • 10.00% (More than 2 Crores & up to 15 Crores)

Salaried & Professional:

  • 10.00% (Up to 50 Lakhs)
  • 10.20% (More than 50 Lakhs & up to 2 Crores)
  • 10.40% (More than 2 Crores & up to 5 Crores)

Non-Salaried & Non-Professional:

  • 10.10% (Up to 50 Lakhs)
  • 10.30% (More than 50 Lakhs & up to 2 Crores)
  • 10.50% (More than 2 Crores & up to 5 Crores)

Salaried & Professional:

  • 8.75% (Up to 2 Crores)

Non-Salaried & Non-Professional:

  • 8.85% (Up to 2 Crores)

Salaried & Professional:

  • 9.25% (Up to 2 Crores)

Non-Salaried & Non-Professional:

  • 9.35% (Up to 2 Crores)

Salaried & Professional:

  • 8.35% CIBIL >= 825 (More than 10 Lakhs & up to 2 Crores)
  • 8.35% CIBIL >= 825 (More than 2 Crores & up to 10 Crores)
  • 8.95% CIBIL 700-749 (More than 10 Lakhs & up to 2 Crores)
  • 8.75% CIBIL 700-749 (More than 2 Crores & up to 10 Crores)

Non-Salaried & Non-Professional:

  • 8.60% CIBIL >= 825 (More than 10 Lakhs & up to 2 Crores)
  • 8.80% CIBIL >= 825 (More than 2 Crores & up to 10 Crores)
  • 9.05% CIBIL 700-749 (More than 10 Lakhs & up to 2 Crores)
  • 8.85% CIBIL 700-749 (More than 2 Crores & up to 10 Crores)

Salaried & Professional:

  • 10.00% CIBIL => 750 (Up to 15 Crores) (fixed for entire term)
  • 10.25% CIBIL < 750 (Up to 15 Crores) (fixed for entire term)

Non-Salaried & Non-Professional:

  • 10.00% CIBIL => 750 (Up to 15 Crores) (fixed for entire term)
  • 10.25% CIBIL < 750 (Up to 15 Crores) (fixed for entire term)

Cibil Score: 750 & above

  • Loan Slab: Up to Rs. 15 Crores
  • ROI: 9.10%

Cibil Score: 700-749

  • Loan Slab: Up to Rs. 15 Crores
  • ROI: 9.25%
cibil score
cibil score
about us rsp

Home Loan Documents

  • Pan Card
  • Aadhaar Card
  • For NRIs, passport is required
  • Proof of residence
  • Salary slips and Form No.16 for salaried
  • Last 3 years income tax returns along with financials for self-employed or professionals
  • Bank statements for last 6 to12 months
*(In case property is identified)
  • Proof of ownership of property
  • In case of flats, allotment letter of builder/society
  • Up to date tax paid receipt

Documents

Documents Required to Proceed Further

Document (Title Deed)
Parent Documents
Plan Approval & Order Copy
Estimate
E.C.(Encumbrance Certificate) 1987 to till date
Actual Plan
Sale Agreement (Rs.20 Stamp Paper)
Sale Deed
Parent Documents
House Tax (Latest)
Plan Approval
E.C.(Encumbrance Certificate) 1987 to till date
Construction Agreement 
Registered Sale Deed
Documents (Title Deed)
Parent Documents
Plan Approval, Order and Actual Plan
E.C.(Encumbrance Certificate) 1987 to till date

Housing Loan Services

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        Types of Loans

        Other Types of RSP LIC Housing Loans

        RSP LIC HFL's range of housing loans, offering competitive rates, personalized terms, quick processing, and dedicated customer support for your needs.

        Home loans are financial products offered by banks or lenders to help individuals purchase or renovate residential properties, repaid over a specified period with interest. Click here to learn more.

        Plot loans are financial products provided by banks or lenders specifically for purchasing residential plots or parcels of land. These loans typically cover the cost of acquiring the land, and repayment terms vary based on the lender’s policies. Click here to learn more.

        Home construction loans provide financing for building a new home, covering construction costs like materials and labor. Funds are typically disbursed in stages as construction progresses. Click here to learn more.

        Home improvement loans offer funds for renovating, remodeling, or upgrading existing homes. They’re designed to cover expenses such as repairs, additions, or aesthetic enhancements. Click here to learn more.

        A home extension loan finances expanding your house, typically secured against property value, with repayment over a fixed term. Click here to learn more.

        Loan against property (LAP) allows borrowers to leverage their property’s value as collateral for a loan, providing funds for various purposes with repayment over an agreed term. Click here to learn more.

        A home loan top-up allows existing borrowers to borrow additional funds on top of their current home loan, usually at a competitive interest rate. Click here to learn more.

        Home loan balance transfer involves moving your existing home loan from one lender to another with better terms, such as lower interest rates or improved repayment options. Click here to learn more.

        These are financing options provided to businesses or entities for specific projects or corporate purposes, typically involving large sums of money and structured repayment terms. Click here to learn more about Corporate & Project Loans.

        Home loans for Non-Resident Indians (NRIs) allow them to purchase property in India, often with specific eligibility criteria and documentation. Click here to learn more.

        Home loans for pensioners provide financing for seniors to purchase or renovate homes, considering pension income and repayment capacity. Click here to learn more.