DOCUMENT CHECKLIST FOR NRI LOANS
1.Dully filled & signed application NRI loan application form. (2 PHOTOGRAPHS EACH)
2.One passport size photograph to be affixed on the application form & to be self-attested by applicant &/ co-applicant.
3.Copy of identify proof of both applicant &/ co-applicant. (Passport, pan card, driving license).
4.Copy of residence proof of both Indian and overseas address of applicant&/co applicant. (Utility bill- electricity/telephone bill, lease agreement, passport, bank statement, letter from employer).
5.Copy of visa stamped on the passport/ Copy of Passport. (Last visit details to be highlighted)*
6.Copy of employment contract.
7.Website address of the employer and contact details of HR Manager
8.Copy of last 6 months salary slip/ original salary certificate.
9.Bank statement of the overseas bank account for the last 9 months. (Salary credits & rent paid to be highlighted)
10.Bank Statement of the NRE/NRO account for the last 9 months. (In India)
11.Profile of the applicant&/co applicant and qualification proofs
12.Past occupational history (in case of less than 2 years of work experience or recent change in employment)
13.Copy of Latest Income tax return (Form W 2 in US, P60 in UK)
14. Details of any other loan availed from any other bank/financial institution in India or overseas.(To be mentioned on the application form)
15.Bank statement showing repayment of the loans availed from any other bank/ financial institution for the last 6 months / repayment track record from the bank/ financial institution the loan has been availed from.
16.Credit Bureau Report (incase facility not available in the country applicant&/co-applicant are based at than declaration to be collected mentioning details of any other loans availed)
17.Processing fee cheque from NRE/NRO account towards financial institution from where loan is to be availed.
18.Power of attorney details or local contact person’s details to be updated on the application form(Blood relation/Spouse).
19.Incase property is selected, copy of property documents are also required. (Please provide details such as complete property address, owners & payment made to the builder from own sources).
* Incase customer is permanent resident of the overseas country then permanent resident card will be required.
Note -
•All the documents to be self-attested and KYC documents of the applicant &/co-applicant to be attested by the notary public or Indian Embassy.
•If the documents are in language other than English an English translation of the same attested by the embassy should be provided.
•In case applicant/&co-applicant is not present in India at the disbursement of the loan and POA has been identified then KYC documents of the applicant &/co-applicant to be attested by the notary public or Indian Embassy. Or customer can provide banker’s certificate from his bank on their letter head mentioning that applicant &/ co applicant are KYC complied with the bank.
•KYC Documents AND FINACIAL SHOULD BE ATTESTED BY NOTORY/embassy.