Loan For NRI or PIO

An Indian who has been living overseas for service, conducting business or pursuing a vocation is suitable for a NRI Housing loan.

A factorial loan for Non- resident Indians or a person originated in India. They can sub serve this loan for buying a house, or a land or redevelopment of an existing property. 

But on one most important condition, that the property of the borrower should be in India. The loan seeker will have to provide a delegate to a relative living in Indian if he/ she want to take the loan while living abroad.

An NRI can avail of a loan of up to Rs.2 crore or an amount of up to 85% of the cost of the property. The rate of interest varies from 9.25 to 10.25% p.a.

Portfolio Login

RBI puts ammunition to work, but markets search for real catalyst NULL
Fri, 27 Mar 2020 17:14:06 +0530

Equity inflows in February silver lining amid dark clouds Contributing over 25 percent of equity Assets under Management, SIPs have done to the Mutual Fund industry what sachets did to the FMCG industry a few years back
Thu, 12 Mar 2020 10:33:00 +0530

Nippon India Mutual Fund marks down its investment in Yes Bank to zero The limit is imposed only on the new applications, switch-ins, systematic transfer plans and systematic investment plans received after March 5, it said.
Fri, 06 Mar 2020 16:52:06 +0530

SEBI gives direct access to stock exchanges for mutual fund investments SEBI#39;s latest move now allows investors to come to exchanges directly, just as they could go to the MFU entirely on their own.
Wed, 26 Feb 2020 22:02:13 +0530

Taking Stock: Sensex drops 1,200 points on weak global cues; Nifty below 8,300 Experts are of the view that the recent selling is largely on the back of institutional selling in an attempt to raise cash. Investors should tread with caution as the volatility is likely to remain.
Wed, 01 Apr 2020 16:46:59 +0530

Sensex plunges over 1,200 points, Nifty ends near 8,250; 6 factors that triggered selloff Asian shares, European stock index futures and Wall Street futures fell as the coronavirus pandemic and the prospect of a global recession hit investor confidence.
Wed, 01 Apr 2020 12:56:33 +0530

Taking Stock | Pullback rally! Sensex rallies 1,000 pts, but will the rally last? Nifty formed a bullish candle on the daily charts. It resembles a ‘Hanging Man’ kind of pattern.
Tue, 31 Mar 2020 16:59:04 +0530

Taking Stock: Bears back in control, Sensex sheds over 1,300 points, Nifty#39;s 4-day winning spree ends The broader market outperformed as the SP BSE Midcap index fell 2.1 percent while the SP BSE Smallcap index was down just 1.75 percent.
Mon, 30 Mar 2020 16:56:05 +0530

Taking Stock: ‘Buy on rumours  sell on news’ plays out on D-St after RBI measures The Nifty forms a bearish candle on intraday basis but closes above its 5-day EMA
Fri, 27 Mar 2020 16:27:55 +0530

Taking Stock: Nifty50 rallies 4% on FO expiry; falls 25% in March series The SP BSE Sensex closed with gains of 1410 points to end at 29,946, just a shade below 30,000.
Thu, 26 Mar 2020 16:52:06 +0530

Taking Stock: No lockdown for bulls! Short covering helps Nifty climb 8,300 levels Nifty formed a bullish candle on the daily charts, closes above 5-Days EMA for the first time since 20 Feb
Wed, 25 Mar 2020 17:23:46 +0530

Market takes a breather with Sensex gaining 1,800pts; 6 key factors that are at play Among the sectoral indices, BSE Energy index surged over 12 percent while the Bankex and Finance indices jumped 8 percent. All sectoral indices were in the green.
Wed, 25 Mar 2020 15:14:49 +0530

Taking Stock: FM comments soothe nerves; Nifty off high but holds 7,800 Nifty formed a Doji kind of pattern on the daily charts
Tue, 24 Mar 2020 17:05:42 +0530

Taking Stock: Rs 14 lakh cr M-cap eroded in a day; Sensex below 26,000 The Nifty50 which is trading at a 4-year low could see further selling pressure in the coming days, fear experts.
Mon, 23 Mar 2020 17:12:08 +0530

Sensex, Nifty hit lower circuits: What does it mean? In order to curb the extreme volatility witnessed in the stock market, SEBI has introduced measures such as revising the market-wide position limit to 50 percent which will reduce fresh short positions in individual stocks.
Mon, 23 Mar 2020 10:25:19 +0530

D-Street Buzz: BSE Bankex, Realty, Auto, Finance, Energy indices plunge over 10% each Among the bank and financial stocks, shares of City Union Bank, Axis Bank, ICICI Bank, Federal Bank, IndusInd Bank and State Bank of India plunged over 10 percent.
Mon, 23 Mar 2020 10:05:54 +0530

Taking Stock: Nifty snaps 4-day losing streak, logs biggest single-day gain in 6-months But, the Sensex and the Nifty suffered their worst week since the 2008 financial crisis, plunging more than 12 percent each.
Fri, 20 Mar 2020 16:57:08 +0530

Taking Stock: Volatile Thursday! Sensex, Nifty, Nifty Bank @3-yr low Nifty formed a small bullish candle on the daily charts
Thu, 19 Mar 2020 16:47:43 +0530

Taking Stock: Another 3-year low for Sensex, Nifty; what should investors do? The Nifty formed a bearish candle and recorded a fresh breakdown as the index was not able to hold Friday the 13th’s low of 8,555.
Wed, 18 Mar 2020 17:06:58 +0530

Coronavirus sell-off spoils SBI Card debut; share closes 10% lower SBI Card traded with volumes of 6,08,92,478 equity shares on the NSE and 41.67 lakh shares on the BSE.
Mon, 16 Mar 2020 16:33:40 +0530

Coronavirus impact | Antony Waste Handling Cell withdraws Rs 203cr IPO The issue was subscribed only 50 percent on March 6, but since then it got stuck at those levels till March 16
Mon, 16 Mar 2020 15:30:42 +0530

Coronavirus grips SBI Card, stock debuts with 13% discount at Rs 658 The listing at discount was largely expected by analysts as they already said if the stock market crashed on Monday due to market weakness then the stock has to list at a discount.
Mon, 16 Mar 2020 10:00:22 +0530

Rossari Biotech dares to launch its IPO on March 18 At the time of filing red herring prospectus on March 7, Edward Menezes and Sunil Chari held 42.10 percent and 42.05 percent stake in the company.
Thu, 12 Mar 2020 13:40:34 +0530

Have you applied for SBI Card IPO? You can check the allotment status here The share allocation is expected to be declared on March 11.
Wed, 11 Mar 2020 08:17:45 +0530

Antony Waste Handling Cell extends IPO closing date to March 16 on poor subscription Antony Waste believes that the extension will allow current volatility to subside and allow all categories of investors to participate in the Issue.
Fri, 06 Mar 2020 20:37:17 +0530

SBI Card sets issue price at Rs 755, raises Rs 10,340 crore via IPO State Bank of India and CA Rover together received Rs 9,840 crore, by reducing their stake through IPO.
Fri, 06 Mar 2020 20:12:43 +0530

Antony Waste Handling Cell subscribed 16% on second day of bidding The reserved portion of non-institutional investors was subscribed 12.98 percent and that of retail individual investors 25.93 percent.
Thu, 05 Mar 2020 20:59:25 +0530

SBI Card IPO final day: Issue oversubscribed 26.5 times, HNIs portion subscription at 45x The qualified institutional buyers#39; portion, which was closed on March 4, was subscribed 57.18 times.
Thu, 05 Mar 2020 11:14:22 +0530

Antony Waste Handling Cell IPO subscribed 9% on Day 1 The Rs 203-crore public issue has received bids for 4.29 lakh equity shares against an IPO size of 48.20 lakh equity shares after excluding anchor investors#39; portion.
Wed, 04 Mar 2020 21:03:44 +0530

SBI Card IPO oversubscribed 15.5 times on Day 3, QIB subscription at 57x It is the last day for qualified institutional bidders, while the issue will remain opened till March 5 for all other investors.
Wed, 04 Mar 2020 11:02:41 +0530

Antony Waste Handling Cell raises Rs 60.94 cr from anchor investors The allocation of shares will take place at lower end of price band of Rs 295-300 per share.
Tue, 03 Mar 2020 18:10:26 +0530

Indian Railway Finance Corporation gets SEBI nod for IPO The IPO comprises a fresh issue of 93.8 crore equity shares and an offer for sale of 46.9 crore equity shares by the Government of India.
Tue, 03 Mar 2020 17:20:06 +0530

SBI Card IPO: Does it make sense for HNIs to break the bank? Considering the market conditions due to rising coronavirus fears, the grey market premium has reduced to around Rs 120-140 now
Tue, 03 Mar 2020 15:36:41 +0530

Home First Finance Company receives SEBI nod for Rs 1,500 crore IPO The IPO consists a fresh issue of Rs 400 crore and an offer for sale of Rs 1,100 crore by promoters and investors.
Tue, 03 Mar 2020 13:01:00 +0530

Schedule a meeting