KVB Gruhapravesh for NRI

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KVB Gruhapravesh for NRI

Affordable home loan for NRIs by KVB with up to 90% financing, flexible tenures, and zero prepayment charges.

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Details for KVB Gruhapravesh for NRI

KVB Gruhapravesh for NRI is a dedicated home loan solution for Non-Resident Indians, offering up to 90% financing on property cost. With repayment tenures of up to 25 years and no prepayment charges, it provides unmatched flexibility and affordability. Designed for hassle-free access to Indian property ownership, this loan includes a low processing fee ranging from Rs.2,500 to Rs.7,500 + GST. Enjoy simplified processing, competitive rates, and customer-centric support from Karur Vysya Bank.

CIBIL Score

  • CIBIL score preferably above 750

Required Documents

  • Valid Indian passport for NRIs
  • Valid foreign passport for PIOs (Persons of Indian Origin)
  • At least 2 years of employment (overseas)
  • Overseas work permit proof
  • Minimum monthly income of $1500 or annual income of $18000 or equivalent of the same in some other foreign currency
  • A steady source of income.

Loan Processing Charges

  • Processing Fee: Rs.2,500 to Rs.7,500 + GST

Features

  • Financing of up to 90% of the total property cost
  • No prepayment charges
  • Flexible repayment tenures of up to 25 years

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KVB Gruhapravesh for NRI EMI Calculator

Principal amount

₹1,00,000

Interest amount

₹542

Total amount payable

₹1,00,542

Your Monthly EMI is ₹8,379
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