₹ 5 Lakhs - 2 Crore
30 years
9.50%* p.a
The eligibility criteria mainly depends on your employment. Choose the employment type and check your eligibility.
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It's a loan that allows you to expand or add living space to your home, such as additional rooms or floors.
Piramal Finance offers a home extension loan to anyone who meets the home loan eligibility criteria and wants to expand their existing apartment, floor, or row house.
The Income Tax Act of 1961 allows you to deduct the principal and interest components of your home extension loan. Because the benefits may vary from year to year, please consult with our loan counselor about the tax benefits that you may be able to obtain on your home loan.
Piramal Financial has specified its criteria for determining your ability to repay a home extension loan. Age, employment position, employment stability, and credit score are some of the primary criteria used by banks to determine home extension loan eligibility.
The duration normally runs from 5 to 25 years, and that can be chosen depending on your home loan eligibility requirements.
The security required for a home extension loan varies by lender.
There are various reasons to choose a home extension loan from Piramal Finance, and here are a few:
I applied for the Gruh Sethu home loan plan, which got approved for 29 years of tenure, which is what I needed. My family and I are so excited and happy to be moving into our new home soon.
Rajendra Rupchand Rajput