Team-BHP
(
https://www.team-bhp.com/forum/)
Dear all,
First of all Hats off to guys who had started this website/forum.
This place really has lot of information that we need to know abt buying a car.
I'm an NRI and planning to present a car to my parents on their wedding day.
I'm planning to take a loan. Does banks give carloans to NRI?
I need some suggestion as to wat to look for while applying loan.
Kinda of basic guidelines for applying car loans.
Looking forward for some valuable suggestion from members.
Thank you all for ur time.
Quote:
Originally Posted by Steeroid
(Post 601461)
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Steeroid thnx for ur reply.
i'm actually thinking of buying either verna or fiesta.
does private banks(icici,hdfc....) give car loans to NRI's
thnx for ur time
Quote:
Originally Posted by givemered
(Post 601587)
Steeroid thnx for ur reply.
i'm actually thinking of buying either verna or fiesta.
does private banks(icici,hdfc....) give car loans to NRI's
thnx for ur time
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Yes, private banks are giving loans to NRI.
But better opt for SBI.
The State bank group members do; especially for customers who already have an account with a branch and good remittance record. It is likely that one of them has a specialised NRI branch near you. Get in touch with them.
Too bad you are in chennai; could have helped if you were in Cochin.
Quote:
Originally Posted by BaCkSeAtDrIVeR
(Post 602749)
The State bank group members do; especially for customers who already have an account with a branch and good remittance record. It is likely that one of them has a specialised NRI branch near you. Get in touch with them.
Too bad you are in chennai; could have helped if you were in Cochin.
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Just to add that most banks would only lend to the an NRI with a good standing NRI account with their bank with minimun length of 6 months. They may also want you to furnish proof of your NRI status in your guest country etc.
i have an NRI account with indian bank. but they said they don't give car loans for NRI. It's their policy - thats wat they say.
but i had enquired few pvt banks and finance companies like kotak mahindra- they had said they will give nri car loans.
thnx everyone for ur suggestions..
Instead of opening a new thread thought of reviving the old one.
Any idea how to request a loan from the states. I am already an NRI account holder with ICICI, however their site has very little information and basically the customer care is just useless.
Probably any leads which bank can provide a hassle free service.
Thanks in advance. :)
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