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Home Loan: Buy your Dream Space

Getting a home loan becomes simpler with us. Apply loan now and enjoy convenient EMIs, seamless documentation process, affordable interest rates, and flexible tenure.

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Home Loan offerings by Piramal Capital & Housing Finance Ltd. (Piramal Finance)

Key Features

Loan amount

₹ 5 Lakhs - 2 Crore

Loan tenure up to

{hltenure}

Interest rates starting at

{hlintrestrate} *p.a

For detailed fees and charges Click here *T&C apply

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Who Can Apply?

The eligibility criteria mainly depends on your employment. Choose the employment type and check your eligibility.

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Documents Required

For a House loan, we require certain documents based on the profession/occupation of the applicant

Whatsapp me this document list

KYC Documents

Proof of Identity & Address

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Income Documents

Proof of Income

  • For Salaried

    • Last 3 months salary slips
    • Form 16
    • Bank statements from the previous six months and pay stubs
    • Documentation of the collateralized property

  • For Self Employed

    • ITR for the previous two years, with computation
    • CA audited financials wherever applicable
    • 6 months primary bank statement

Property Documents

Land & property related documents

Property-Related Documents

Stamped agreement of the sale / Sales Deed or the letter of Allotment

NOC from the builder / housing society

Possession Certificate

Detailed Construction cost estimation

Bank Account Statement

In case of Constructed Apartment - Occupancy Certificate

Co-applicants

Co-applicant is mandatory. Additionally, Woman co-applicant is mandatory in certain cases

Co-applicant can be spouse or any first blood relative like parents, siblings, children who hav attained age of maturity (s.t income-ownership grid)

All co-owners of property should be on loan structure

Friends cannot be co-applicants (allowed only if they are coming in the capacity of Partners / Directors / Shareholder)

Passport Size photographs

Whatsapp me this document list

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Fees & Charges for Home Loan

  • Row 1

    • Features & Fees
    • Details

  • Row 2

    • Interest Rates
    • {hlintrestrate} onwards

  • Row 3

    • Loan Amount
    • ₹ 5,00,000 to ₹ 2,00,00,000

  • Row 4

    • Processing Fees
    • Upto 5% of loan amount + applicable taxes

  • Row 5

    • Loan Tenure
    • Upto 30 years

  • Row 6

    • Part Pre-Payment of Business Loan
    • Fixed rate HL:  2% of principal of loan being prepaid + Applicable taxes
      - NHL for business purpose (indiv):  4% of principal of loan being prepaid + Applicable taxes
      - NHL by non-individual: 4% of price of loan being prepaid + Applicable taxes

  • Row 7

    • Home Loan Pre-Closure Charges
    • Fixed rate HL:  2% of principal of loan being prepaid + Applicable taxes
      - NHL for business purpose (individual):  4% of principal of loan being prepaid + Applicable taxes
      - NHL by non-individual: 4% of principal of loan being prepaid + Applicable taxes

  • Row 8

    • Stamp Duty
    • At actuals + Applicable taxes

  • Row 9

    • Cash/ Overdue EMI/ PEMII collection Charges
    • ₹ 500 + applicable taxes

  • Row 10

    • Loan Repayment Instrument Dishonor Charges
    • ₹ 750

  • Row 11

    • Loan cancellation after disbursal/ cheque handover
    • ₹ 5,000 + Interest accured & due + Applicable taxes
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Fees & Charges for Home Loan

  • Row 1

    • Segment
    • Slab
    • Home Loan Interest Rate

  • Row 2

    • Affordable Housing
    • Up to INR 35 lakhs
    • Starting From 9.5%* per annum onwards

  • Row 3

    • Mass Affluent
    • From INR 35 lakhs to INR 75 lakhs
    • Starting From 9.5%* per annum onwards
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Our Happy Customers

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To know more about loans, processes and much more

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Read All

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Advantages Of Home Loan By Piramal Finance

Easy Procedures

When you want to apply for a home loan from Piramal Finance, you only need to fill out the application form and submit the listed documents. Shortly, a relationship manager will get in touch with you and start the procedure as per your convenience. The option of an online home loan application makes the process quicker and simpler.

Tax Benefits

Another major benefit that you can avail of when seeking a home loan is tax benefits. Under Section 80C of the Income Tax Act, 1961, you can claim up to INR 1.5 lakhs on the principal amount, registration cost and the stamp duty charges of the housing loan.

In the case of a joint home loan, each borrower (provided they are also the co-owner of the property) can claim up to INR 1.5 lakhs in an annual year.

Flexibility Of Repayment

Several options are available when it comes to creating a home loan plan that suits your requirements. Our loan plans are designed to be flexible in the tenure, prepayment, and foreclosure terms.

Home Loan EMI That Fits Your Pocket

To make paying your home loan all the more convenient, we also offer you the choice to opt for a floating or a fixed interest rate when you opt for a home loan. With a loan up to 90% of the purchase price, you stand so much closer to turning your dream into a reality.

Loans For All

For salaried as well as self-employed individuals, Piramal Finance offers the best deals possible when it comes to home loans.

Minimum Documentation

To further ensure an easy and hassle-free process of a home loan application, Piramal Finance requires minimal documentation.

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More Home Loan Products

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Construction Loan

With a construction loan from Piramal finance, the perfect home for you is easily within reach...

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Key Features

Construction Loan

{clloan}

Loan tenure up to

{clternure}

Interest rates starting at

{clintrestrate}

/home-loan/home-renovation-loans

Renovation Loan

With a Home Renovation Loan, you can keep your hard-earned savings and investments untouched and pay off...

renovation
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/home-loan/home-renovation-loans
Key Features

Loan amount

{rlamount}

Loan funded up to

{rltenure}

Interest rates starting at

{rlintrestrate}

/home-loan/home-extension-loans

Extension Loan

You may simply enlarge your own home in utmost comfort with a home extension loan from Piramal finance...

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Key Features

Loan amount

{elamount}

Loan tenure up to

{eltenure}

Interest rates starting at

{elintrestrate}

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Frequently asked questions

How can I get an estimate of the home loan amount?

The simplest way to calculate the home loan eligibility and the home loan EMI is to make use of the calculator available on our portal. It is a free online tool that allows you to plan a home loan efficiently and in a clearer manner.
Are there any tax benefits on the home loan?
Under Section 80C of the Income Tax Act, 1961, you can claim up to INR 1.5 lakhs on the principal amount, registration cost, and stamp duty charges of the housing loan.
Can I get a home loan for the entire amount?
No. Under the guidelines of the RBI, a lender cannot lend 100% of the home loan amount. Depending on the lender you have opted for, you may be able to take a home loan for about 80% to 90% of the purchase price of the property. You would need to make a down payment of the remaining amount on your own.
What are the maximum home loan tenure and loan amount offered by Piramal Finance?
Piramal Finance offers home loans that can go up to INR 75 lakhs for a tenure of 25 years.
What is a home loan & how does the home loan work?
A home loan is a well-known financing choice that provides funds to individuals for the purchase and acquisition of their dream property or home without any hassle. Your home loan provider will cover almost 75-80% of the home/property cost. You will be required to make the down payment (the initial payment of the remaining amount). This type of loan can be taken for a longer tenure at a reasonable interest rate.
How often do home loan interest rates change?
As per the RBI guidelines, banks and financing institutions have to check, evaluate, and revise the home loan interest rates once every three months. However, it is only applicable for the floating home loan interest rates, which change according to the markets position.
Are there any advantages of taking a home loan from Piramal Finance?

There are numerous advantages of taking a home loan from Piramal Finance, including:

  • Flexible loan tenure
  • Affordable interest rates
  • Minimal documentation
  • Quick disbursal
  • Tax benefits on the principal amount
How to Apply for a Home Loan at Piramal Finance?

Piramal Finance home loans are specifically designed to meet the needs of Bharat. Whether you decide to fill out the home loan application offline or online, our team will ensure a one-stop, end-to-end home loan service for a convenient, seamless experience:

  • Go to our application form and fill out the details.
  • Submit all your income and KYC documents.
  • Wait till the application gets processed for verification.
  • If everything meets the eligibility criteria, your loan will get approved within a few minutes.
  • Subsequently, the loan amount gets disbursed and credited to your bank account.
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Get quick approvals for home loan in Metro Cities

Avail Piramal Finance quality service and housing loan instantly in the top commercial and metropolitan cities of India to buy the home of your dreams.

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Apply Loan Now

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