The Reserve Bank has conceded some broad consent to certain financial establishments giving housing finance e.g. HDFC, LIC Housing Finance Ltd., and so on, and approved merchants to allow housing loans to NRI nationals for procurement of an NRI house/apartment for self-occupation subject to specific conditions. Criteria in regards to the motivation behind the credit, margin money and the quantum of advance will be at standard with those materials to Indian residents. Reimbursement of the loan ought to be made inside a period not surpassing 15 years, out of internal settlement through keeping bank channels or out of assets held in the speculators’ NRE/FCNR/NRO accounts.