Madhya Pradesh Gramin Bank NRI Home Loan
Madhya Pradesh Gramin Bank is a regional rural bank constituted on 1st April 2019 after the amalgamation of Narmada Jhabua Grameen Bank and Central Madhya Pradesh Gramin Bank. Having its head office in Indore, Madhya Pradesh, the bank is currently operating in 39 districts of Madhya Pradesh. It has 866 branches and 14 regional offices.
NRI Home Loan enables Non-Residents Indians to buy property in India with flexible tenures, competitive interest rates, and the flexibility of equated monthly installments. Your dream is never far away. Get hassle-free home loans from Dialabank to turn your dream home into a reality. With Dialabank NRI Home Loans, you can buy your home in major Indian cities with ease.
Madhya Pradesh Gramin Bank NRI Home Loan Interest Rate
Madhya Pradesh Gramin Bank Home Loan Documents Required
Madhya Pradesh Gramin Bank NRI Home Loan Eligibility
- The applicant must be a fully documented NRI (Non-Resident of India). He essentially must be a Person of Indian Origin (PIO).
- The applicant’s age should be between 18 years and 70 years at the time of loan maturity.
- The applicant must be a salaried or self-employed professional with a regular income.
Features of Madhya Pradesh Gramin Bank NRI Home Loans
- Purpose: The purpose behind availing of the NRI home loans is to meet your requirement of purchasing a house/ property/ renovating an old property in India.
- Interest rate: Madhya Pradesh Gramin Bank offers affordable and competitive interest rates to NRIs.
- Process: Simple and quick application process.
- Requires minimal documentation with quick and transparent online processing of the loan amount.
- Provides flexible repayment options to the borrowers.
Apply for Madhya Pradesh Gramin Bank NRI Home Loan with Dialabank
Dialabank is the most trustworthy agent who will serve and assist you in the entire processing of a home loan. At Dialabank, you can check and compare several home loan options offered by various banks and NBFCs across the country. The interest rates offered are competitive with flexible repayment options. You can apply for a home loan at Dialabank for convenience without visiting the bank branch physically. Also, you can avail of the best deals and offers on a home loan with quick approval.
Madhya Pradesh Gramin Bank NRI Home Loan – FAQs
✅ How to apply for Madhya Pradesh Gramin Bank NRI Home Loan?
Apply for a home loan by walking into the nearest Madhya Pradesh Gramin Bank branch with all the required documents. You can also apply online with Dialabank and avail of personalized help for all your financial necessities.
✅ What are the minimum and maximum home loan amounts sanctioned to NRIs?
The loan amount sanctioned to NRIs depends on the borrower’s repayment capacity, the city in which the property is located, credit history, etc.
✅ What are the factors considered while sanctioning a home loan?
The factors considered are:
- Your annual income.
- A number of years you have been staying overseas.
- Your credit score.
- The type of property you are planning to purchase, etc.
