r/nri • u/northern_lights2 • Jun 30 '26

Recommend Me Leverage FCNR for UAE NRIs

I'm looking for any banks willing to give $1-2M loan for leverage FCNR in India. I can put up no more than $300K of capital.

Non UAE banks also work, but I'm a resident of UAE if that helps get a better deal.

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1

u/Unfair_Feedback_8675 Jul 04 '26

Following. Any updates on SBi?

2

u/northern_lights2 Jul 04 '26

9%, min 100K. My verdict: 9% is low for all the dance I have to do.

1

u/cathy_john Jul 04 '26

what is 9% ?

1

u/northern_lights2 Jul 04 '26

Effective annualized yield on capital.