HDFC NRI Home Loan Documents Checklist

To guarantee a simple and easy application procedure, it is crucial to have all required documentation on hand when submitting an HDFC NRI home loan application. Below is the latest

HDFC NRI home loan documents checklist

:

• Dully filled signed NRI loan application form and addendum. 

• One each passport size photograph to be affixed on the application form & to be self-attested by the applicant &/ co-applicant. With digital loan application, self-attestation is not mandatory 

• KYC documents

• Copy of passport for all applicants.  

• Copy of address proof of both Indian and overseas address of all applicants.

• Copy of visa stamped on the passport/ letter copy. (last visit details to be highlighted)

• Copy of valid work VISA and/or Work Permit 

• Copy of Employment Contract 

• PIO/OCI card for foreign citizens 

• Copy of last 3-6 months’ salary slip.

• Last 6 months NRE/NRO Bank Account statement Bank Statement of the NRE/NRO account for the last 6 months (in India)

• Latest 6 months Bank Statement showing Repayment Track Record of any existing loan/s 

• Any other document supporting repayment capacity 

• Copy of latest employment contract.

• Bank statement of the overseas bank account for the last 6 months. (salary credits & rent paid to be highlighted)

• CV/ Profile brief of the applicant &/co applicant

• Copy of Latest Income tax return (Form W 2 in US, P60 in UK) if applicable 

• Credit Bureau Report

• Processing fee cheque in favour of “HDFC BANK LTD” from NRE/NRO account.

• Local contact person’s details.

• If the documents are in language other than English, an English translation of the same attested by the embassy should be provided.

These are the latest HDFC home loan NRI checklist. 

The lender needs these records in order to evaluate the property's worth and legality. You may speed up the application process and improve your chances of acceptance by making sure you have all the required paperwork on hand before submitting an HDFC NRI home loan application. This is the HDFC NRI home loan documents checklist.

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Here is the latest breakdown of the HDFC NRI home loan documents checklist:

• Passport, the validity of which has not expired.

           

   

• PAN Card or Form 60 (If the customer does not have a PAN Card)

• Passport, the validity of which has not expired.

           

   

• Driving license which has not expired.

           

   

• Election /Voters identification card     

           

   

• Job card issued by NREGA duly signed by the officer of the State Government  

           

   

• Letter issued by the National Population Register containing details of name, address.

• Proof of possession of Aadhaar Number (to be obtained voluntarily)

•  Documents issued by the Government Departments of Foreign Jurisdiction (Like Work/Resident Permit, Social Security Card, Green Card etc.)

• Letter issued by the Foreign Embassy or Mission in India

In summary, HDFC requires a detailed set of documents for NRI home loan applications to ensure verification of your identity, income, and property ownership. This is all about the HDFC home loan NRI checklist.

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One of my NRI friends opted for the HDFC NRI home loan. She told me that she was required to submit the HDFC NRI home loan documents checklist for the approval of the home loan. 

What are the HDFC Home Loan Documents for NRI?

She informed that being a salaried NRI, she was asked to provide the following NRI home loan documents HDFC;

• Completed and signed NRI loan application form along with the addendum. 

• A passport-sized photo of each applicant and/or co-applicant must be attached to the application form and self-attested. When submitting a digital loan application, self-attestation is not required. 

• KYC records

• Each applicant must provide a copy of their passport.  

• A copy of each applicant's address proof, showing their address in India and abroad.

• A letter or copy of the visa stamped on the passport. (Last visit information will be emphasised)

• A copy of a current work permit or VISA 

• A copy of the employment contract 

• PIO/OCI cards for nationals living abroad 

• A copy of your salary slip from the last three to six months.

• Bank statement for the previous six months' NRE/NRO accounts for the previous six months (in India)

• The most recent six-month bank statement that displays the repayment history of any outstanding loans 

• Any further proof of repayment ability 

• Copy of the most recent job agreement.

• A six-month bank statement for the foreign bank account. (paying rent and salary credits will be highlighted)

• CV and/or brief profile of the applicant and/or co-applicant

• A recent income tax return copy (Form W 2 in the US, P60 in the UK), if any 

• Report from Credit Bureau Credit

• A cheque for processing fee from NRE/NRO account payable to "HDFC BANK LTD".

• Details of the local point of contact (as per the annexure).

• In the event that the documents are not in English, an embassy-attested English translation of the original should be provided.

This HDFC NRI home loan documents checklist serves as a comprehensive guide for a successful loan application journey.

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