Needed home loan for buying property abroad

Q: I am currently staying in Chicago and visit Bangalore, India occasionally. I am planning to buy an apartment abroad. Will I be able to avail a home loan from India?

Rakesh, Bangalore

2nd November 2011

Home Loan in Bangalore

home loan for buying property in abroad

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Dorene Zeller,

15th January 2015

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No, you can not apply for a home loan for buying properties abroad. No financial institutions provide loan for the same. The reasons are very obvious like difficulty in property verification, legal structure in loan, disbursement, etc.

Mahi garg, Bangalore

2nd November 2011

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