No security / collateral required
Loan up to Rs.50 Lakhs
Simplified documentation
Interest rates starting from 10.85% p.a.*
Applicant to be a resident Indian and the co-applicant NRI to be a close relative
Tenure up to 60 months
Quick processing and disbursal
Non Resident Indian:
- Passport copy
- Visa copy
- Bank statement
- Official e-mail ID or HR e-mail ID
- Salary slip or salary certificate
- NRE/ NRO bank statement for 6 months
Resident Indian:
- Identity and address proof*
- Last 3 months bank statement
- Residence proof in the name of the applicant/co-applicant/parent
*Passport, Driving licence, Voter’s identity card, NREGA job card signed by an officer of the State Government, letter issued by the Unique Identification Authority of India containing details of name, address and Aadhaar number.
Note: NRI applying for the loan should have a close relative in India.