Piramal Finance Home Loan

Features and Benefits of Piramal Finance Home loan

When you find out that there are plenty of home loan lenders in the market, you get confused while selecting the perfect one. At Piramal Housing Finance Bank you can get most suitable home loan to purchase your dream house quickly and easily. Let’s have a look on the features and benefits that Piramal Bank has to offer on Home loan.

• When you apply for the home loans you need to go through several procedures that were very tiring. Piramal Finance Bank with easy and quick procedure helps you to submit the documents on time and thus making the process simpler and quicker.
• The paperless process which includes minimum documentation makes sure of easy and hassle-free procedure of a home loan application.
• The flexibility in time of repayment of the home loan is something to cherish for.
• Piramal Finance Bank home loan EMI is one of the convenient ways that fits your pocket perfectly and makes you stand close to your dream.
• Another important benefit that you can get while applying for a home loan is good-old tax benefits. Under the income tax act 1961, you can affirm up to 1.5 lakhs on the registration cost, stamp duty charges and main amount of the home loan.

Eligibility Criteria for Piramal Finance Home loan

Piramal Housing Finance Bank Home loan eligibility depends on various factors such as the applicant’s age, property and monthly income. All of these are examined by the bank itself. The home loan criteria provided by Piramal Housing Finance Bank mainly depends on the type of employment.

Piramal Finance Home loan Fees and Charges

Piramal Bank Home loan’s processing fee starts from 1%. This fee of the loan amount covers its expenses from credit appraisal to the technical evaluation of the property. Along with the processing fees, the bank also claims certain legal and technical charges. The borrower gets to know about the part payment charges during the loan process and the foreclosure charges remain nil especially for the floating interest rate on home loans.

Documents Required for Piramal Finance Home loan

There are few things with which you need, to meet the Piramal Housing Bank Home loan requirements. These documents are important for the beneficiary while applying for the loan here is the list of the documents required for Piramal Housing Finance Bank Home loan.

• Pan card, Aadhar card as age proof documents 
• Passport and Aadhar card as KYC documents. 
• Bank statement 
• Property Related documents

And if you are applying online then the first thing you need to do is to fill the Piramal Housing Finance Bank Home loan online application.

How the EMI calculation works?

Piramal Finance Home loan calculator works perfectly to make the EMI calculation simple. This EMI calculation can help you to plan your finances well on monthly basis. Once you get the virtual EMI calculator, you need to put the loan amount, tenure period and interest rate. Once you calculate and get the answer, you will have a vivid picture of how much you need to pay for the EMI for your home loan in every month.