Sunil asked Hello sir,at present i am working in gulf n i would like to purchase flat in mumbai suppsoe the cost of flat is Rs.600000/- i am ready 2 pay down payment of Rs.400000/- for obtaining balance loan of Rs.200000/-. what r the document will required by bank(i do not have NRi account).pleae advice
RE:Home loan
by Jayesh Pathare on Jan 11, 2007 05:26 PM Permalink
Hi Sunil, I am also an NRI. Last year I had faced same problem. You must have an NRI account and your downpayment or EMI it should paid by that NRI account only. Document Needed: 1. Passport and Visa copy. 2. Abroad company identity proof. 3. ARC or Residential proof at abroad. 4. Last 3 months salary slips. 5. Bank statement or passbook photo copy.
