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Non-Resident Ordinary (NRO) Account |
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Non-Resident External (NRE) Account |
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Foreign Currency Non Resident (FCNR) Account. |
The NRO / NRE accounts are maintained in rupees and the funds remitted will thus be converted into India rupees at the spot exchange rate.
For FCNR, the deposit can be maintained in the currency of your choice i.e. USD, GBP, EUR, AUD and
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| Loan for NRI’s |
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No matter where you go, India will always be home. At S M Financial and Management Services we understand this. This is why we bring NRIs like you the opportunity of owning your dream home in India. Being based out of India, buying a home in India can be quite a challenge – starting from searching and identifying the property you desire, ensuring builder credibility, legal processes, property documents and more. But with S M Financial and Management Services, it needn’t be so. Our NRI Home Loans presents you with the most practical and simplified home loan solutions you need. We handhold you through all aspects of property purchase – from property search, legal and technical issues, to documentation and more - for a range of requirements.
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Our NRI Home Loans can be availed for:
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To purchase a new home
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To purchase a ready built house on resale.
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To construct your own house.
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To extend your house.
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To renovate your house.
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To purchase a plot of land in your preferred city or town.
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To purchase a plot of land in your preferred city or town and construct your house on it.
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Eligibility criteria for Non Resident Indians:
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Stability and continuity of occupation and savings history.
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Repayment capacity takes into consideration factors such as income, number of dependants, spouse's income, assets, liabilities.
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The applicant should have a steady source of income.
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| Investment Opportunities: |
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Real Estate: Primary and Secondary Market |
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Share and Debentures: Primary and Secondary Mkt |
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Mutual Funds |
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Derivative Contracts |
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Commercial Papers |
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Government Dated Securities, T-bills etc |
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