An NRI home loan allows Non-Resident Indians to purchase a dream home for their loved ones in India with financial support at affordable interest rates. Accessing this financial support makes sense for those who want to remain in control of liquid funds at their disposal, even as they enjoy the benefits of purchasing and owning a property in India. However, to access this funding, financial institutions such as DBS Bank need to be certain of the customer's ability to repay the loan and hence, certain documents are requested at the time of home loan application.
The above documents are part of an indicative list. The final documents acceptable are based on DBS Bank's credit policy as applicable at the time of loan application. For more details, you can speak to your Relationship Manager (RM) or visit a DBS Bank branch near you.
Applications received without adequate documentation, as requested by DBS Bank India Limited, may face processing delays or even be rejected on a case-by-case basis.
The sanctioned loan amount depends on the borrower's repayment capacity and the city in which the property is located.
We recommend you set up auto-debit instructions to pay your EMIs. Please reach out to your Relationship Manager for more details on our EMI repayment options.
The maximum loan tenure allowed for customers of DBS Treasures is 25 years. The actual permitted term is also dependent on the age of the applicant.
In case you cannot do the process in person, you can appoint a local co-applicant and apply for the loan.