A handful of lenders finance commercial property purchase for NRIs — office space, retail units, shops and warehouses — usually for self-use. Fewer lenders serve this category than residential, LTV runs lower, and eligibility checks are typically stricter. Here's what that actually looks like.
NRIs buying office, shop, retail or warehouse space in India, typically for self-use.
Lower than residential — commonly 55–75%, varying by asset type and lender.
Usually capped around 15 years — noticeably shorter than a residential home loan.
Far fewer lenders offer this than residential home loans — check availability before assuming.
Typically the highest LTV within commercial — around 65–70% — since these assets are easiest to value and re-lease.
Financed similarly to office/retail, with valuation weighted heavily toward location and footfall.
Often the lowest LTV — around 55–60% — until rental cash flow or lease agreements are demonstrated.
Generally 25–65 years at maturity. Self-employed and business-owner NRIs face closer scrutiny than salaried applicants.
Several lenders restrict this loan to self-use purchase only — investment/resale intent can affect eligibility with those lenders.
Sale agreement, title and encumbrance documents, property valuation, plus the same identity/income documentation as a home loan.
Pulled from each lender's own published page, September 2026 — the published figure, not a number confirmed for your specific profile.
| Lender | Indicative rate* | Max LTV* | Max tenure* |
|---|---|---|---|
| SBI | 10.00% onwards | Up to 75% | 6 years |
| HDFC Bank | 9.25% – 10.25% | On valuation | ~15 years |
| ICICI Bank | 10.85% – 12.50% | Not published | 15 years (NRI-specific) |
| Axis Bank | 10.25% – 12.00% | Not published | 15 years |
SBI's short published tenure (6 years) is notably shorter than the others — confirm directly with the branch, as commercial lending terms vary more by internal policy than published rate cards suggest. "Not published" LTV means the lender doesn't state a fixed cap; general commercial LTV norms run 55–75% depending on asset type.
Not every lender on our panel finances commercial property — check this first before shortlisting.
Self-use vs. investment intent affects which lenders will consider the application at all.
Stricter valuation than residential — asset type, location and rental potential all factor into LTV.
Funds released to the seller once title verification and documentation are complete.
Some lenders restrict this loan to self-use purchase only. If your intent is pure investment/resale, check that specifically with the lender before applying — it can affect both eligibility and the product you're offered.
Commercial property is considered higher-risk collateral — values can be more volatile and harder to liquidate than residential property, so lenders fund a smaller share of the purchase price.
No — this is one of the narrower categories in our panel. Check the comparison table above, or use the eligibility check to see which lenders currently cover this product.
Some lenders factor in projected rental income for the property being purchased, particularly for warehouse and retail assets with existing lease agreements — this varies significantly by lender.
Author: Himanshu Gupta · Reviewer: Sachin Gupta · Last verified: September 2026.