Piramal Finance Home Loan Interest Rates - January 2024

Unlocking Affordable Dreams: Piramal Finance Home Loan Interest Rates - January 2024

In the dynamic landscape of home financing, Piramal Finance emerges as a frontrunner, offering competitive interest rates catering to diverse needs. As of January 2024, here's a breakdown of Piramal Finance Home Loan Interest Rates:-
 

1. Basic Loan:
   • Interest Rate: 11.00% p.a. (both fixed and floating)
   • Loan Amount: ₹5 lakhs to ₹2 crore
2. Pre-Approved Home Loan:
   • Fixed Rate: 10.75% p.a.
   • Floating Rate: 10.50% p.a.
3. Balance Transfer Loan:
   • Fixed Rate: 10.75% p.a.
   • Floating Rate: 10.50% p.a.
4. NRI Home Loan:
   • Fixed Rate: 12.50% p.a.
   • Floating Rate: 12.25% p.a.

Key Features:

1. Low-Interest Rates:
   • Enjoy market-leading rates, commencing at 11% per annum.
   • Savings Opportunity: Avail substantial savings over a loan tenure of up to 30 years.
2. Flexible Repayment Options:
   • Tailor your repayment schedule with options like annual, quarterly, monthly, or flexible EMIs.
   • Moratorium Period: Opt for a moratorium period where only interest is paid in the initial years, providing financial flexibility.
3. Excellent Customer Service:
   • Experience top-notch customer service from application to disbursal and throughout the repayment phase.
   • Dedicated Review Board: A Piramal Finance home loan review board ensures continuous improvement in customer service.

Application Process:

Applying for a Piramal Finance Home Loan is a hassle-free process:

1. Visit the Piramal Housing Finance website and complete a short online application form, providing basic details.
2. An executive will contact you to discuss suitable loan options based on your profile.
3. Submit required documents such as ID, address, and income proof (accepted in both physical and digital formats).
4. After document processing, an officer will arrange a property valuation appointment. Upon approval, an eligibility letter is issued.
5. Sign the loan agreement and related documents. Once signed, the loan amount is disbursed directly to the seller's account.

Eligibility Criteria:

1. Minimum Age:
   • Salaried Individuals: Minimum age is 21 years.
   • Government Employees: Maximum eligible age is 70 years.
2. Income Proof:
   • Submit income proof (salary slips, bank statements, Form 16 or ITR) based on employment type.
3. CIBIL Score:
   • A CIBIL score of 750 or above enhances eligibility for the best interest rates.

Propty: Your Gateway to Homeownership

As you embark on the journey to homeownership, consider Propty for a range of housing options. Propty aligns your dreams with the perfect home, offering a seamless transition from financing to keys in hand.

Conclusion: Realizing Homeownership with Piramal Finance

Piramal Finance's competitive interest rates, flexible terms, and stellar customer service make homeownership a reality. Navigate the journey with Piramal Finance, and explore Propty for your ideal home. Your dream home is just a step away!