Non-resident Indians (NRIs) in the US can obtain a home loan for buying property in India by following a structured process. Here are the key steps and requirements:

• Eligibility: To be eligible for an NRI home loan, applicants must be at least 24 years old and should not exceed 60 years or the retirement age by the end of the loan term​​.
• Documentation: Essential documents include a completed loan application form, a valid passport, proof of address, recent photographs and a Permanent Account Number (PAN) card.
• Loan Application: NRIs can apply for home loans through banks and housing finance institutions in India. Many banks offers loans for various types of properties, including flats, row houses and bungalows from approved developers. The loan can be used for the purchase of residential or commercial properties and must be disbursed in Indian currency directly to the seller or developer’s account​.
• Power of Attorney (POA): It is advisable to appoint a POA in India who can manage the property purchase process on behalf of the NRI, especially for signing documents and handling transactions​.
• Repayment: The loan repayment can be made through remittances from abroad, from funds in an NRI’s NRO or NRE account. Repayments must be made in Indian Rupees​​.

Following these steps can help NRI in home loans to invest in property in India smoothly and efficiently.