Piramal Finance Home Loan

Piramal Finance offers home loans up to ₹2 Crore with competitive interest rates starting from 9.5% p.a. The application process is simple with minimal documentation and quick approvals. You can choose flexible repayment options, calculate your EMI, and check your loan eligibility easily. Whether you're salaried or self-employed, Piramal Finance aims to make your home-buying journey smooth and hassle-free.

Piramal Finance Home Loan Interest Rate, Fees & Charges

Piramal Finance offers competitive home loan interest rates starting from 9.5% p.a., making it easier for individuals to fulfill their dream of owning a home. The loan amount can range from ₹5 lakh to ₹2 crore with a tenure of up to 30 years. Additionally, the processing fee can go up to 5% of the loan amount, along with applicable taxes. There are also charges for pre-payment, pre-closure, overdue EMI, and loan cancellation. Below are the Home loan interest rate, fees, and charges.

Piramal Finance Home Loan Eligibility

Piramal Finance offers home loans with flexible repayment options and competitive home loan interest rates to help individuals fulfill their dream of owning a home. The loan is available for salaried and self-employed individuals, ensuring financial support for property purchase, construction, or renovation. With minimal documentation and quick processing, Piramal Finance aims to make the home loan process seamless and hassle-free. Below is the eligibility criteria for Piramal Finance Home Loan:

Documents Required For Piramal Finance Home Loan

To apply for a home loan with Piramal Finance, applicants must submit certain documents to verify their identity, income, and property details. These documents help Piramal Finance assess the borrower's financial stability and loan repayment capability. Providing accurate and complete documentation can speed up the loan approval process.

Types of Home Loan Offered By Piramal Finance

Piramal Finance offers different types of home loans to cater to various housing needs:

1. Home Purchase Loan
   • This loan helps you buy a new house or an apartment or even a resale property. Whether you are a first-time homebuyer or looking to upgrade, this loan can fulfill your dream of owning a home.
2. Construction Loan
   • Purpose: This loan supports business expansion, working capital needs, or the purchase of equipment for business growth.
   • Loan Amount: Customized based on business requirements
   • Tenure: Flexible repayment options
3. Piramal Finance Home Loan
   • If you own a piece of land and want to build your house from scratch, this loan is perfect for you. It covers the cost of construction, materials, labor, and other related expenses.
4. Home Extension Loan
   • Planning to add a new room, another floor, or extend your living space? This loan helps you finance the cost of expanding your existing home. It’s ideal for growing families who need more space.
5. Home Improvement Loan
   • If you want to renovate your house, fix any damages, paint walls, upgrade interiors, or make repairs, this loan covers the expenses of improving your existing home.
6. Plot Purchase Loan
   • This loan is designed for those who want to purchase a plot of land to build a home in the future. It provides financial assistance to buy residential plots in approved locations.
7. Balance Transfer Loan
   • If you already have a home loan from another bank or financial institution but find the interest rates high, you can transfer your loan to Piramal Finance to reduce your EMI burden. This option helps you save money in the long run.
8. Top-Up Loan
   • If you already have a home loan with Piramal Finance and need additional funds for any purpose like home renovation, education, medical emergencies, or weddings, you can apply for a top-up loan without much hassle.

Why Apply For a Piramal Finance Home Loan at BigMudra?

Applying for a Piramal Finance Home Loan through BigMudra offers a seamless and quick loan approval process with minimal documentation. It provides competitive interest rates, flexible repayment options, and higher loan amounts, making it easier for you to fulfill your dream of owning a home. Additionally, the support from BigMudra ensures hassle-free coordination with Piramal Finance, enhancing your overall loan application experience. Below are the benefits of applying for a Piramal Finance Home Loan at BigMudra:

1. Competitive Interest Rates: Piramal Finance offers attractive and competitive interest rates on home loans, ensuring affordability and lower EMIs for borrowers.

2. Flexible Loan Options: With a range of loan products tailored to meet diverse needs, Piramal Finance provides flexibility in terms of loan amounts, tenures, and repayment options.

3. Quick and Hassle-Free Processing: BigMudra ensures a seamless and fast loan application process, with minimal documentation and quick approval timelines.

4. Expert Guidance: BigMudra’s platform offers personalized assistance and expert advice to help you choose the right home loan product that aligns with your financial goals.

5. Trusted Brand: Piramal Finance is a reputable and trusted name in the financial services industry, ensuring reliability and transparency throughout the loan process..

6. End-to-End Support: From application to disbursement, BigMudra provides comprehensive support, making the home loan journey smooth and stress-free.

How To Apply For a Piramal Finance Home Loan

Applying for a home loan with Piramal Finance is simple and quick. Follow these easy steps to get your loan approved:

1. Visit BigMudra.com: Go to the official website and fill out the home loan application form with your personal and property details.

2. Upload Documents: Submit necessary documents like ID proof, income proof, address proof, and property-related documents.

3. Quick Verification: Once your documents are verified, you will get quick loan approval.

4. Loan Disbursement: OAfter approval, the loan amount will be directly transferred to your account.

This hassle-free process ensures you can fulfill your dream of buying, building, or renovating your home without any delays.

Piramal Finance Home Loan Customer Care Number

1. Helpline Number: you can connect with piramal home loan customer care at their toll free number 1800 266 6444, or you can directly email them at customercare@piramal.com

FAQs

1. What is the interest rate for Piramal Finance Home Loans?
   Piramal Finance offers competitive home loan interest rates starting from 9.5% p.a., making it an affordable option for borrowers.

2. What is the maximum loan amount and tenure offered by Piramal Finance?
   Piramal Finance provides home loans ranging from ₹5 lakh to ₹2 crore with a flexible repayment tenure of up to 30 years.

3. What are the eligibility criteria for a Piramal Finance Home Loan?
   For salaried individuals, the minimum income requirement is ₹12,000/month, and the age limit is 21 to 70 years. For self-employed individuals, the minimum income is ₹12,000/month, and the age limit is 23 to 70 years.

4. What documents are required to apply for a Piramal Finance Home Loan?
   Required documents include photo ID proof (Aadhaar/PAN), address proof (Aadhaar), income proof (bank statements, salary slips, or ITRs), and property- related documents.

5. What are the charges associated with Piramal Finance Home Loans?
   The processing fee is up to 5% of the loan amount + applicable taxes. Other charges include pre-payment charges (2%-4% + taxes), overdue EMI charges (₹500 + taxes), and loan cancellation charges (₹5,000 + interest accrued + taxes).

6. Why should I apply for a Piramal Finance Home Loan through BigMudra?
   Applying through BigMudra ensures a quick and hassle-free process, competitive interest rates, flexible repayment options, and end-to-end support from application to disbursement.