Your dream home, across the seas

We understand that a home in India isn't just a property; it's a connection to your roots and a cherished space for creating lasting memories. That's why our NRI housing loans are crafted with a deep understanding of your unique aspirations and financial landscape. Whether you're acquiring your first home, upgrading to a dream abode, or making a strategic investment, our loans are customized to align with your distinctive needs and priorities.Read more

Apply for a KBL Apna Ghar Home Loan

  • Finance for purchase or renovation
  • Interest rate starting at 8.75% p.a.
  • Instant processing and quick sanction for NRIs

Apply for a KBL Home Comfort Loan

  • Upgrade your interiors into elegant living
  • Interest rate starting at 9% p.a.
  • Instant processing and quick sanction

Apply for a KBL Ghar Niveshan Loan

  • Finance for purchase of land or plot
  • Interest rate starting at 8.75% p.a.
  • Instant processing and quick sanction

Your money, your way

Smart tools for smart spending and savings

Home loan calculator

Loan amount
₹50,000 ₹75,000,000
Rate of interest
5% 15%
Loan tenure
1 Months 360 Months

You will pay

₹13,800/Months

Not sure which product is for you?

Let’s find the best fit together

  • No spam calls
  • Dedicated KBL experts
  • Set up a call on your time

Why choose our NRI home loans

Turning dreams into reality, one home at a time

Adaptable repayment plans, whether you're a salaried professional or an entrepreneur abroad

Dedicated NRI loan experts provide guidance and support at every step

Specially designed to understand your unique position and global aspirations

Who can apply for NRI home loans

  • NRIs (Non-Resident of India) holding Indian passport
  • Indian students pursuing higher education
  • Seafarers and maritime professionals of Indian nationality
  • Persons of Indian Origin (PIOs) who were citizens of India on 26 January 1950
  • Overseas Citizens of India (OCIs)
home loan
BANKING WITH YOU

Here for you, always

24/7 support for your banking needs

  • Internet Banking

    KBL MoneyClick

  • Digital Banking

    WhatsApp banking

  • Service Branches

    Locate us

Banking with trust, expertise and care

Expanding the KBL family everyday

Mr. Sirimall Mahesh

“It was quick sanctioning and fully digital”

Mr. Sirimall Mahesh

KBL Xpress Car Loan

17 Jan,2024
Carol Dsouza

“It was very easy to use and helpful. The staff are very friendly and helpful”

Carol Dsouza

KBL Xpress Car Loan

02 Nov,2023
Mr. Shadul Umaji Yadhav

“It was like quick, hassle-free, fully digital. Outstanding and excellent.”

Mr. Shadul Umaji Yadhav

KBL Mobile Plus

02 Nov,2023
Karan Deodatta Pradeshi

“I just wanted to open a new personal account. So my business partner recommended me to open an account in Karnataka Bank and I am quite happy with my decision. They (the staff) are very kind, very supportive and they attend to you very well.”

Karan Deodatta Pradeshi

Savings Account

02 Nov,2023
Rahul Nasal

“I downloaded their mobile banking app to test out its functionality - one of the most responsive and most user friendly. It is the perfect blend of the conventional personal touch banking and the high-tech digital banking”

Rahul Nasal

Mobile Banking

02 Nov,2023

Got questions? We’ve got answers.

Can NRIs prepay their home loan and are there any charges?

You are prepay your loan as an NRI. For specific charges and conditions, it's best to refer to your loan agreement as terms vary per loan.

Our criteria include factors like age, stable income, credit score, and property value. Indian residents, NRIs, and OCIs can apply, with each plan tailored to the customer's unique needs.

Begin by exploring our comprehensive guides and tools like loan calculators. They're designed to simplify the home-buying journey for NRIs.

You are eligible to a tax deduction on interest paid and loan repayment on your home loan if you are an NRI as per the income tax definition and file your income tax returns in India. You are eligible for deduction of up to Rs. 1.5 lakh on housing loan principal repayment under section 80C and more.

Interest rates for NRIs are based on factors like loan amount, property value, applicant's credit history, and prevailing market rates,

Yes, property insurance is generally required for home loans to protect against unforeseen damages.

Transactions in foreign currencies are converted to your home currency at competitive exchange rates, with the conversion details reflected in your account statement.

NRIs can finance a range of properties including apartments, independent houses, and builder floors in India.

NRIs can opt for a balance transfer to move their existing home loan from another bank to Karnataka Bank, often at more favorable terms.

Equated Monthly Installmen is a structured payment method that enables you to repay your loan in fixed monthly amounts. This includes both the interest and the principal, designed to reduce your loan balance while fitting into your monthly budget comfortably.

Interest rates explained

Interest rates for NRI loans are competitive, designed to give non-resident Indians an advantageous way to borrow. These rates are carefully calculated, considering the needs of NRIs and their unique financial positions. When you explore an NRI personal loan, you'll find that the rates are typically lower than those for unsecured loans available to non-NRIs, reflecting the tailored approach of these financial products. Before you apply for an NRI personal loan, it's important to understand how these interest rates can affect your repayment schedule, ensuring you make an informed decision that aligns with your financial strategy.

NRI services play a crucial role in bridging the financial needs of the Indian diaspora with the opportunities available in India. They provide a platform for NRIs to invest, save, and manage their earnings in their home country, even while they reside abroad. Services like NRI accounts, loans, and investment options ensure that NRIs can contribute to and benefit from India's economic growth. These services also aid in maintaining a financial connection with their homeland, which is crucial for those who plan to return or have familial and investment ties in India.