Skip to content
 
Search

Latest Stories

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

ICICI Bank UK PLC to facilitate home loans in India for Indian diaspora based in the UK
Eastern Eye Staff
By Eastern Eye StaffFeb 01, 2022

ICICI Bank UK PLC 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 ICICI 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.

ICICI Bank India has a portfolio of pre-approved properties, accessible online on www.home.icicibank.com that makes the selection process easy and efficient. ICICI Bank UK PLC has a dedicated team based in the UK to assist homebuyers who are looking to avail a home loan in India. Customers can also transfer their existing loan from other lenders to ICICI Bank or avail a loan against their existing property.

ICICI Bank has also enabled its online platform for salaried customers (applicable to NRIs) to avail a provisional sanction letter digitally, in just a few clicks. The online platform provides customers an opportunity to avail competitive interest rates and discounted processing fees.

Currently, ICICI Bank’s interest rates in India are competitive and developers too are offering lucrative deals and schemes on properties.

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.

Customers can get in touch with ICICI Bank UK PLC branches, or can also visit their website www.icicibank.co.uk or drop an email at nrihomeloansuk@icicibank.com to request a call back.

This article has been contributed by Mr Pratap Singh, Head, Retail Banking - UK & Europe, ICICI Bank UK PLC.

icici bank uk plc

Related News

crypto
UK

Two jailed over £1.5m crypto investment scam

Bengaluru youth train at Spurs
Football

Bengaluru youth train at Spurs as part of development partnership

What problems does business analytics solve?
Sponsored Feature

What problems does business analytics solve?

More For You

Bangladesh seeks US deal to shield garment industry from tariffs

Workers are engaged at their sewing stations in a garment factory in Savar, on the outskirts of Dhaka, on April 9, 2025. (Photo by MUNIR UZ ZAMAN/AFP via Getty Images)

Bangladesh seeks US deal to shield garment industry from tariffs

BANGLADESH, the world's second-biggest garment manufacturer, aims to strike a trade deal with the US before Donald Trump's punishing tariffs kick in next week, said the country's top commerce official.

Dhaka is proposing to buy Boeing planes and boost imports of US wheat, cotton and oil in a bid to reduce the trade deficit, which Trump used as the reason for imposing painful levies in his "Liberation Day" announcement.

Keep ReadingShow less
UK business district
The Canary Wharf business district including global financial institutions in London.
Getty Images

Bond yields ease following Starmer’s support for Reeves

THE COST of UK government borrowing fell on Thursday, partially reversing the rise seen after Chancellor Rachel Reeves became emotional during Prime Minister’s Questions.

The yield on 10-year government bonds dropped to 4.55 per cent, down from 4.61 per cent the previous day. The pound also recovered slightly to $1.3668 (around £1.00), though it did not regain all its earlier losses.

Keep ReadingShow less
modi-trump-getty
Modi shakes hands with Trump before a meeting at Hyderabad House in New Delhi on February 25, 2020. (Photo: Getty Images)
Getty Images

Indian exporters watch closely as Trump says trade deal with India likely

THE US could reach a trade deal with India that would help American companies compete more easily in the Indian market and reduce tariff rates, President Donald Trump said on Tuesday. However, he cast doubt on a similar deal with Japan.

Speaking to reporters on Air Force One, Trump said he believed India was ready to lower trade barriers, potentially paving the way for an agreement that would avoid the 26 per cent tariff rate he had announced on April 2 and paused until July 9.

Keep ReadingShow less
Kolhapuri sandal sales surge in India post Prada controversy

Customers shop for 'Kolhapuri' sandals, an Indian ethnic footwear, at a store in New Delhi, India, June 27, 2025. REUTERS/Adnan Abidi

Kolhapuri sandal sales surge in India post Prada controversy

INDIAN footwear sellers and artisans are tapping into nationalist pride stoked by the Prada 'sandal scandal' in a bid to boost sales of ethnic slippers with history dating back to the 12th century, raising hopes of reviving a struggling craft.

Sales are surging over the past week for the 'Kolhapuri' sandals that have garnered global attention after Prada sparked a controversy by showcasing similar designs in Milan, without initially crediting the footwear's origins.

Keep ReadingShow less
UK business district
The Canary Wharf business district including global financial institutions in London.
Getty Images

Economy grew 0.7 per cent in Q1 2025, fastest in a year

THE UK economy expanded at its fastest pace in a year during the first quarter of 2025, driven by a rise in home purchases ahead of a tax deadline and higher manufacturing output before the introduction of new US import tariffs.

Gross domestic product rose by 0.7 per cent in the January-to-March period, the Office for National Statistics (ONS) said, confirming its earlier estimate. This was the strongest quarterly growth since the first quarter of 2024.

Keep ReadingShow less
© Copyright 2025 Garavi Gujarat Publications Ltd & Asian Media Group USA Inc