Piramal Capital Housing Finance Home Loan
Primary Lending Institution:Piramal Capital & Housing Finance
Up to ₹5 Crore home loan at 8.75% – 10.50% with Up to 30 years tenure.
This loan requires the property to be in an approved society/project — self-constructed rural properties often ineligible without title validation.
What is Piramal Capital Housing Finance Home Loan?
Retail mortgage offering by Piramal Finance focusing on the 'Bharat' market across Tier 2, Tier 3, and Tier 4 towns in India.
Key Benefits & Features
Specialized in non-metro markets; evaluates surrogate income proofs; quick sanctions through local branch networks.
Property & Project Eligibility Requirements
Residential flat or constructed house in town planning jurisdiction.
Borrower Eligibility Criteria
Salaried or self-employed micro-entrepreneurs in emerging urban clusters.
How to Apply (3 Verified Paths)
Apply online through net banking portal or visit lending branch with loan inquiry.
Apply online at https://www.piramalfinance.com/home-loan with digital KYC and property details.
Visit nearest branch of the institution with income proofs and sale agreement.
Documents Required Checklist
Aadhaar Card, PAN Card, Last 3 months salary slips or 2 years ITR-V, 6 months bank account statement, Title deed, Approved building plan and municipal tax receipts.
Frequently Asked Questions
What is the maximum loan tenure available for Piramal Capital Housing Finance Home Loan?
The maximum repayment tenure offered for Piramal Capital Housing Finance Home Loan is Up to 30 years, subject to borrower's age not exceeding 70 years at loan maturity.
What are the processing charges and prepayment rules for Piramal Capital Housing Finance Home Loan?
The processing fee is 1.00% + GST. As per RBI guidelines, zero prepayment penalties apply to all individual floating-rate home loans.
What documents are required to apply for Piramal Capital Housing Finance Home Loan?
Applicants must provide KYC (Aadhaar, PAN), 3 months salary slips or 2 years ITR with computation, 6 months bank statements, and clear property title documents with municipal sanctions.
Why does Piramal Capital Housing Finance Home Loan require property approval in a formal layout?
This loan requires the property to be in an approved society/project — self-constructed rural properties often ineligible without title validation.