WFY Today

Banks in UK luring Indians to buy houses back home.

ICICI Bank UK PLC to facilitate home loans in India for Indian diaspora based in the UK

The said Bank is now facilitating home loans in India through its parent, ICICI Bank Ltd India (ICICI Bank), for NRI (Non Resident Indians)/Overseas Citizen of India (OCI)/ Persons of Indian Origin (PIO) based in the United Kingdom (UK).

With the Bank’s India home loans, NRIs/OCI/PIO living in the UK can avail home loan to buy properties in India (residential as well as commercial) without travelling to India.

The currency conversion between a Pound Sterling and Indian Rupee is at present much better for a Rupee buyer as against a year ago, which further weighs in favour of buyers living in the UK.

All of these factors make it a great time for NRIs to purchase their dream home or expand their real estate portfolio in India.

Melwyn Williams

Melwyn is a renowned film actor, producer, writer and director in the Indian film Industry. He is a writer as well as a journalist. He has contributed immensely to the world of art, literature and cinema. He is the founder of LADAKH INTERNATIONAL FILM FESTIVAL, LIFF. He has been active in the film industry for more than two decades. Melwyn believes that AESTHETICS is the next big thing to be incorporated in all spheres of life and technology. Website

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