some times we are all facing liquid cash problems in life where the only suitable and secured option is a loan from reliable sources like bank and some finance institute. if you avail such a loan you can feel some stress-free. The most important thing that a person has is own a property an individual name, so you can get a loan anywhere at any time.
if you are an NRI read this writeups to get a suggestion fo get a loan your existing property.
How to Apply for a loan against property as an NRI?
How to Apply for a loan against property as an NRI?
Many lender and finance institutes offer loans for NRI with additional features. one of them is www.pnbhousing.com
Do the proper Research:
There are multiple banks who offer loan against property for NRI, hence a loon seeker complete proper homework before avail loan. every bank has its own set of rules related to interest payout, tenure, tax, etc.
Gather the Necessary Documents:
while going for avail loan against property you should have some necessary document in NRI condition lender wants some additional document the paperwork depends on the lender to lender. The document is mention below.
- required identity proof and address proof like PAN card, Aadhar card, driving license, voter id Card.
- Photocopy of the property in which you want to get a loan.
- income proof of salaried and self employ or individual.
In case of salaried, the following document required
- Passport, showing relevant visa stamps
- Copy of work permit/work visa
- Any other document that supports your status as an NRI working individual
- Latest salary slips
- Details of overseas bank account statements
