Best Home Loan for NRI in India 2026
NRIs can get home loans from all major Indian banks for purchasing property in India. HDFC and ICICI have dedicated NRI home loan desks and process applications from overseas. SBI offers NRI home loans through its overseas branches. Repayment must be made from NRE/NRO account. Maximum tenure is 25-30 years.
Last updated: April 6, 2026
Best Home Loan Banks — Ranked April 2026
#1Best pick
Bank of Baroda8.45%
Lowest NRI home loan rate — strong overseas presence
#2
SBI8.50%
SBI NRI home loan — available via overseas branches
#3
ICICI8.75%
Best NRI digital application — dedicated NRI team
#4
HDFC8.70%
Largest private sector NRI home loan portfolio
#5
Yes Bank9.00%
Strong NRE/NRO banking ecosystem
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Calculate your EMI →Frequently Asked Questions
Can NRI get home loan in India?+
Yes, NRIs can get home loans for purchasing residential or commercial property in India. The loan must be repaid from NRE, NRO, or FCNR accounts. Power of Attorney is needed if the NRI cannot be present in India.
What documents are needed for NRI home loan?+
Passport + visa, overseas employment contract/salary slips, 6 months overseas bank statements, NRE/NRO account statements, and property documents. HDFC and ICICI have streamlined this process online.
Is NRI home loan interest rate higher than resident Indian?+
Rates are generally the same. However, some banks add a small premium (0.25-0.50%) for NRI loans due to additional documentation and currency risk. SBI and PSU banks typically do not add a premium.
Disclaimer: Rates are indicative as of April 2026 and subject to change. This is for informational purposes only. Verify with the bank before making financial decisions.