Loans available to NRIs/ PIOs to purchase a new home, reconstruct or renovate a pre-owned house, construct on a preowned plot of land.
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Eligibility criteria
Am i eligible for a term loan
For Salaried
Employment Status: Min of 6 month employment
Age: 21 - 65 years
Income: No fixed Criteria. Loan Amount is extended largely on the basis of your total income, other obligations and some other key factors.
Documents Required
Identity Proof: Passport/ PIO Card
Address Proof: Mentioning the current overseas address such as Utility Bills, Rent Agreement, ID Card
Income Proof: Salary Slip for last 3 months/IT Returns / 6 months bank statement
For Self Employed
Employment Status: Working for at least 2 years
Age: 21 - 65 years
Income: Based on your total income, other obligations & other factors
Documents Required
Identity Proof: Passport/ PIO Card
Address Proof: Mentioning the current overseas address such as Utility Bills, Rent Agreement, ID Card
Income Proof: Income Proof: Income Tax returns for last 2-3 years, Balance Sheet & Profit & Loss A/c for last 3 years, Last 6 months Bank Account Statements
*We have compiled this broad criteria based on publicly available information and our experience. Banks may relax the criteria on age and employment history.
What our customer have to say
Very pleased with Loan Network's effort in arranging the 5cr loan from SBI, for me despite the initial objections of the Banks. Sometimes Bank can reject an application because of standard set of documents they ask for- but LN knew how to present my case to…
Entrepreneur, Maharashtra
I reached out to Loan Network for assistance in securing a housing loan of ₹5 Crores, and I’m extremely impressed with their service. As a trader based in Bandra (W), Mumbai, I needed expert guidance to navigate the complex loan process, and Loan Network delivered…
Trader, Bandra (W), Mumbai
I recently approached Loan Network to secure a residential loan against property in Andheri East, Mumbai, and I couldn't be more satisfied with the experience. I was looking for an exposure amount of ₹2.5 Crore, and the team at Loan Network structured the loan…
Chirag Patil, Mumbai
Working with Loan Network has been a game-changer for me. Their reliable partnership has allowed me to focus more on sourcing applications, knowing that I can trust them to provide my commissions on time at competitive rates. I highly recommend joining Loan Network'…
Ankit Kumar, Mumbai
Loan Network has helped me to increase my business and make payments a smooth process. With the Loan Network App, tracking my application status and payment accrual has never been easier. I can rely on their streamlined system to stay updated. They also have good…
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ensure you receive personalized guidance and support every step of the way, from loan selection to
closing.