Client Background
An NRI client, residing in Dubai, wanted to purchase a house in Bangalore for his family. Despite a strong financial profile, he faced multiple challenges due to distance, documentation requirements, and lack of clarity about the loan process in India.
The Challenge
- Difficulty in coordinating with banks while living abroad.
- Confusion about the NRI home loan eligibility criteria.
- Additional requirements such as POA (Power of Attorney), NRI-specific KYC, and income proofs from abroad.
- Concerns about getting the best interest rate without physically being present.
Our Solution
Borrow Right stepped in to provide end-to-end support tailored for NRIs:
- Loan Eligibility Assessment – Verified income, work permits, and foreign salary documents to determine the right loan structure.
- Bank Coordination – Connected the client with banks offering the best home loan rates for NRIs, reducing unnecessary negotiations.
- Documentation Support – Assisted in preparing NRI-specific documents including POA registration and overseas income verification.
- Digital Process Handling – Enabled online submission of applications and digital updates at every stage to save time.
- Seamless Execution – Coordinated with the client’s family in Bangalore for property verification and ensured a smooth disbursal
The Result
- ✅ Successful sanction of ₹1.2 Crore Home Loan within 12 working days.
- ✅ Hassle-free process with minimal need for client’s travel to India.
- ✅ Negotiated the best interest rate, saving the client over ₹8 lakhs in long-term repayments.
- ✅ Client’s family moved into their dream home in Bangalore without delays.
Client Testimonial
“Borrow Right made the impossible possible. As an NRI, I was worried about managing the entire process from abroad, but they took care of everything with transparency and speed. Buying my home in Bangalore became completely stress-free.”
Key Takeaway
With Borrow Right’s NRI-focused home loan advisory, distance is no longer a barrier to owning a home in India.
📞 Looking to buy a house in India while living abroad?
Connect with us at +91 9429690747 or email ask@borrowright.in today!