Icici Nri Home Loan ((link)) -

Ideal for salaried NRIs in high-income countries with long-term intent to retain or lease property in India. It is advised to pair the loan with an ICICI NRE Savings Account for seamless repayment and remittance tracking.

Principal repayment must be made from NRE/NRO account or inward remittance. Interest portion can be paid from NRO account. icici nri home loan

Interest rates, LTV, and fees are subject to change as per RBI and ICICI Bank policy. This paper is for informational purposes. NRIs should consult their tax advisor and ICICI Bank’s NRI relationship team before applying. Ideal for salaried NRIs in high-income countries with

| Factor | Implication | | :--- | :--- | | | NRI must deduct TDS @ 31.2% (if property value > INR 50 Lakhs) – can be reduced via lower TDS certificate. | | TDS on interest paid to bank | Bank deducts TDS @ 30% (if no Form 15CA/CB filed – seek CA advice). | | Capital Gains Tax | Selling property later as NRI attracts 20% LTCG indexation or 30% STCG (if held <24 months). | | Joint loan with Resident Indian | Resident co-applicant improves eligibility but property registration must reflect NRI name. | Interest portion can be paid from NRO account

The is a robust, fully compliant product for NRIs seeking to own property in India. It offers strong digital infrastructure, dedicated support, and flexible repayment channels. However, NRIs must account for: