HDFC Bank NRI Home Loan

HDFC Bank NRI Home Loan Highlights
Interest Rate	7.90% p.a. onwards
Loan Amount	75% – 90% of the property cost
Loan Tenure	Up to 20 years
Processing Fee	Up to 1.50% of the loan amount or Rs 3,300 + GST

Note: Rates as of 11 July 2025

HDFC Bank NRI Home Loan Interest Rate

HDFC NRI Home Loan interest rate starts at 7.90% p.a. While the bank has not disclosed the interest rate slab based on the monthly income, occupation profile, credit score, etc. of its home loan applicants, other home loan lenders usually consider these factors while setting the home loan interest rates of their applicants.

HDFC Bank NRI Home Loan Processing Fees & Charges

Particulars	Charges (excluding GST)
Processing fees	Up to 1.50% of the loan amount or Rs 3,300, whichever is higher
	Minimum Retention Amount: 50% of applicable fees or Rs 3,300, whichever is higher
Prepayment Charges	Adjustable Rate Loans (ARHL) and Combination Rate Home Loan (“CRHL”) during the period of applicability of the Variable Rate of interest – NIL
	Fixed Rate Loans (“FRHL”) and Combination Rate Home Loan (“CRHL”) during the period of applicability of the Fixed Rate of interest- NIL when prepaid through own sources of funds; 2% of the prepaid amount when paid through other sources of funds
Delayed Instalment Payment Charges	Maximum 18% p.a. on the overdue instalment amounts
List of Documents	Up to Rs 500
Photo Copy of Documents	Up to Rs 500
Repayment Mode Changes	Up to Rs 300

Conversion Charges

Particulars	Charges
Switch to Lower Rate in Variable Rate Loans (Housing/Extension/Renovation)	Up to 0.50% of the principal outstanding and undisbursed amount (if any) at the time of conversion or a cap of Rs 3,000, whichever is lower
Switch from Combination rate home loan fixed rate to variable rate	Up to 1.50% of the principal outstanding and undisbursed amount (if any) at the time of conversion
Conversion of ROI from floating to fixed (Borrowers who have availed EMI based floating rate Personal Loans)	Up to Rs 3,000

Types of HDFC Bank NRI Home Loans

Home Loan

Purpose: HDFC Bank Home Loan for NRIs can be used for the following purposes:

• For purchase of flats, bungalows, row houses, etc in approved projects built by private developers
• For purchase of properties from Development Authorities such as MHADA, DDA, etc.
• For property purchase in existing Co-operative Housing Societies or Apartment Owners’ Associations or Development Authorities Settlement or private homes

Tenure: Up to 20 years

Loan to Value (LTV) Ratio:

Loan Amount	Maximum Funding
Up to and including Rs 30 lakh	Up to 90% of property cost
Rs 30.01 lakh-Rs 75 lakh	Up to 80% of property cost
Above Rs 75 lakh	Up to 75% of property cost

Home Loan Balance Transfer (HLBT) for NRIs

Purpose: For transfer of existing home loans from other banks/financial institutions to HDFC in India

Tenure: Up to 20 years

Loan to Value (LTV) Ratio:

Loan Amount	Maximum Funding
Up to and including Rs 30 lakh	Up to 90% of property cost
Rs 30.01 lakh-Rs 75 lakh	Up to 80% of property cost
Above Rs 75 lakh	Up to 75% of property cost

NRI Plot Loans

Purpose:

• For purchase of plot through direct allotment
• For purchasing a resale plot in India
• Balance transfer of existing home loans from other banks/financial institutions in India

Tenure: Up to 15 years

Loan to Value (LTV) Ratio:

Loan Amount	Maximum Funding
Up to and including Rs 30 lakh	Up to 80% of property cost
Rs 30.01 lakh-Rs 75 lakh	Up to 80% of property cost
Above Rs 75 lakh	Up to 75% of property cost

House Renovation Loans

Purpose: NRIs can avail House Renovation Loan facility for home enhancement including tiling, flooring, painting, plasters, etc. 

Tenure: Up to 15 years

Loan to Value (LTV) Ratio:

For Existing Customers:

Loan Amount	LTV Ratio
Up to Rs 30 lakh	Up to 100% of renovation estimate (subject to loan/total exposure not exceeding 90% of the market value of the property as assessed by HDFC Bank)
Rs 30.01 lakh-Rs 75 lakh	Up to 100% of renovation estimate (subject to loan/total exposure not exceeding 80% of the market value of the property as assessed by HDFC Bank)
Above Rs 75 lakh	Up to 100% of renovation estimate (subject to loan/total exposure not exceeding 75% of the market value of the property as assessed by HDFC Bank)

For New Customers:

Loan Amount	LTV Ratio
Up to Rs 30 lakh	Up to 90% of the renovation estimate
Rs 30.01 lakh-Rs 75 lakh	Up to 80% of the renovation estimate
Above Rs 75 lakh	Up to 75% of the renovation estimate

Home Extension Loans

Purpose: NRIs can avail Home Extension Loan facility to add space such as additional rooms or extend your existing home.

Tenure: Up to 15 years

Loan to Value (LTV) Ratio:

Loan Amount	LTV Ratio
Up to and including Rs 30 lakh	Up to 90% of construction estimate
Rs 30.01 lakh-Rs 75 lakh	Up to 80% of construction estimate
Above Rs 75 lakh	Up to 75% of construction estimate

HDFC Bank NRI Home Loan Eligibility

Eligibility Criteria

• Non-Resident Indians (NRIs), Persons of Indian Origin (PIO) and Overseas Citizens of India (OCI) are eligible for HDFC home loans for the purchase of a flat, bungalow, row house, from private developers in approved projects in India
• Loans are also available for those employed in the Merchant Navy
• The age of the applicant must be from 18 to 60 years

Click Here:- To know more know about HDFC Bank Home Loan Eligibility

Documents Required for HDFC Bank NRI Home Loan

Identity & Residence Proof (KYC)

• Passport (Mandatory)
• PAN Card or Form 60 (in case the applicant does not have a PAN Card) (Mandatory)
• Description of Officially Valid Documents (OVD) that can be accepted for establishing the legal name and current address of the applicant (any of the following)
  • Passport
  • Driving license
  • Election/Voters identification card
  • Job card issued by NREGA duly signed by the officer of the State Government
  • Letter issued by the National Population Register containing details of name, address
  • Proof of possession of Aadhaar Number
  • Documents issued by the Government Departments of Foreign Jurisdiction (Like Social Security Card, Work/Resident Permit, Green Card, etc)
  • Letter issued by the Foreign Embassy or Mission in India

Income Proof

For salaried individuals

• Photocopy of the Appointment Letter/Employment Contract
• Last 3-month salary slips/certificate – with name, joining date, passport number, perquisites & salary and designation
• Bank statements for the last 6 months, showing salary credits
• Bank statements for the last 6 months of NRI/NRO account in India
• Latest credit bureau report
• Photocopy of the last 6 months of the CPF account transactional history (for PR/ Singapore citizens only)
• Photocopy of the latest NRIC

For self-employed professionals

• Income Tax Assessment of the last 3 Assessment years of the individual as well as the business entity, attested by a CA
• Audited Financial Statements of the business entity for the last 3 years, attested by a CA
• Details of the ongoing loans of the individual & business entity with the photocopy of the sanction letter
• Bank statements for the last 6 months of NRI/NRO account in India
• Latest credit bureau report
• In case business is carried out under LLP/Partnership Firm- Copy of Partnership Deed or Incorporation Documents
• In case business is carried out under Company, the additional documents are required to be submitted: Incorporation certificate; Incorporation documents like Articles of Association; Memorandum of Association, List of Directors & Shareholders along with details of shares held by them

Property Documents

• For New Homes:
  • Copy of the Allotment Letter or Buyer Agreement
  • Receipt(s) of payment(s) made to the developer
• For Resale Homes:
  • Title Deeds including the previous chain of the property documents
  • Receipt(s) of initial payment(s) made to the seller
  • Copy of the agreement to sell (if already executed)

• For Construction:
  • Title Deeds of the Plot
  • Proof of no encumbrances on the property
  • Copy of the plans, approved by the Local Authorities
  • Construction estimate by an Architect or Civil engineer

Other Documents

• Own Contribution Proof
• Business Profile (only for self-employed professionals)
• Photocopy of the Valid Resident Visa stamped Passport
• Passport-size photo of applicant/co-applicants, duly signed
• Past occupational history
• Cheque for processing fee
  • favouring ‘HDFC Ltd.’ in Indian Rupees (if an applicant is from Singapore/United Kingdom/Others)
  • favouring ‘HDFC Ltd.’ in AED (if an applicant is from Middle East)