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Home Construction Loan offerings by Piramal Capital & Housing Finance Ltd. (Piramal Finance)
Key Features
Loan Funded Up To
90% of Property Cost
Loan Tenure Up To
30 years
Interest Rates Starting At
11.00%* p.a
For detailed fees and charges Click here *T&C apply
Who can apply?
The eligibility criteria mainly depends on your employment. Choose the employment type and check your eligibility.
Calculate EMI & Check eligibility
- EMI Calculator
- Eligibility Calculator
₹
5L5Cr
Years
5Y30Y
%
10.50%20%
Your home loan EMI is
Principal amount
Interest amount
₹ 25,00,000
₹-25,00,000
Documents Required
Whatsapp me this document list
For a Home Construction Loan we require certain documents based on profession / occupation of applicant.
KYC Documents
Proof of Identity & Address
Mandatory Documents*
PAN card
Document Proof
Submit any one
Identity
Address
AadhaarRecommended
Driving License
Voter's Identity Card
Passport
Job card issued by NREGA
Utility bills like Telephone Bill / Electricity Bill etc.
Letter issued by the NPR containing details of photo / name
Income Documents
Proof of Income
Mandatory Documents*
PAN card
Document Proof
Submit any one
Identity
Address
For Salaried
Last 3 months salary slips
2 Years Form 16.
6 Month Bank Statement With Salary Credit
Bank statements for the last 6 months and salary slips
Documentation pertaining to the property offered as collateral.
Co-applicants
Mandatory Documents*
PAN card
Document Proof
Submit any one
Identity
Address
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
Mandatory Documents*
PAN card
Document Proof
Submit any one
Identity
Address
Whatsapp me this document list
Our Happy Customers
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Advantages of Home Construction Loan
Simple Process
A simple and hassle-free application process
Flexi Tenure
Flexible tenure and repayment options
90% Funding
Up to 90% of property cost can be funded by the loan
Why Choose Us?
Do you want to construct a residence for yourself or for productive investments? If so, we are here to help! We at Piramal Finance provide the most attractive home construction loans, and there are plenty of reasons why you should choose us. Here are a few of many:
Customized Home Construction Loan Offers
We customize our proposal to your financial plan, loan entitlement, and development needs. Begin the housing construction project with a huge construction line of credit and a flexible repayment period of up to thirty years. This allows you to build the perfect house you always wanted in the shortest amount of time and at the lowest possible cost.
Seamless Top-Up Loan Facility For Home Construction Purposes
The loan to value ratio, better known as LTV, is the maximum limit that the lender can extend. It is a percentage of the property’s present market value. In order to decrease the loan quantum, you can increase the down payment.
Smooth & Fast Construction Loan Disbursal
Bid farewell to disruptions and barriers in your home construction loan approval and disbursement with Piramal Finance. Our customer-centric services, as well as the online application procedure, ensure that loans are approved and disbursed quickly and easily.
Multiple Mode Of Repayment
Get the most out of our flexible multiple repayment methods to pay off the loan amount in the form of EMIs or pre-payments.
Ultimate Customer Satisfaction
We have a superb pan-India network infrastructure, so our clients are never far away. We offer a devoted group of knowledgeable staff members, cutting-edge technology infrastructure, and coverage for maximum customer satisfaction – all while adhering to the greatest ethical, authenticity, and disclosure standards.
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Key Features
Renovation Loan
With a Home Renovation Loan you can keep your hard earned savings and investments untouched and pay off...
Key Features
Extension Loan
You may simply enlarge your own home in utmost comfort with a home extension loan from Piramal finance...
Key Features
Frequently Asked Questions
What is a home construction loan?
A home construction loan offers individuals the necessary funds to afford the construction of a residential property on pre-owned land. If you have a vision for the home you want to live in, we can help you build it brick by brick. You don't have to live in a house built according to someone else's vision when we can provide the funds to make your dreams a reality. At Piramal Finance, you can get home construction loans at affordable interest rates.
Can I get a loan for the construction of a house?
Piramal Finance offers loans to cover the expenses of constructing a house. Both salaried and self-employed individuals can apply for home construction loans from us.
The hassle-free process and flexibility on offers, thanks to adjustable tenures and instalments mean that you can choose a repayment option that you are most comfortable with, without having to worry about the state of your finances. Worried about the legal aspects of constructing a home? Our team of experts is just a call away. Are you ready to build the home of your dreams?
How does a construction home loan work?
A home construction loan only involves the cost of building the property, not the amount required to purchase the land. The total amount will be disbursed according to the construction stage of the property.
How to Apply Home Construction Loan at Piramal Finance With a Few Simple Steps?
With a home construction loan from Piramal Finance, building your dream property comes within your reach. A dedicated relationship manager is assigned to you at the very outset to help you navigate through the process of applying for a construction loan.
How much construction loan can I get?
The amount of the home construction loan can be up to 100% of the construction value. It depends on your age, annual income, and other factors.
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Piramal Capital & Housing Finance Limited, formerly known as Dewan Housing Finance Corporation Ltd.
CIN: U65910MH1984PLC032639
Registered Address: 601, 6th Floor, Amiti Building, Agastya Corporate Park, Kamani Junction, Opp. Fire Station, LBS Marg, Kurla (W) Mumbai MH 400070
The content of this site is copyright-protected and is the property of Piramal capital and housing limited.
I have taken a Piramal Finance loan for my business expansion. The sales team at the Piramal Finance Branch attended to me with a very professional attitude. They answered all my queries and cleared my doubts. Thank you for understanding my needs.
Rajendra Rupchand Rajput