Home Loan offerings by Piramal Capital & Housing Finance Ltd. (Piramal Finance)

Key Features

Loan amount

₹ 5 Lakhs - 2 Crore

Loan tenure up to

30 years

Interest rates starting at

9.50%* p.a

For detailed fees and chargesClick here *T&C apply

Who Can Apply?

The eligibility criteria mainly depends on your employment. Choose the employment type and check your eligibility.

I'm Salaried
I’m doing Business

Calculate EMI & Check eligibility

EMI Calculator
Eligibility Calculator

Loan amount (Rs.)

₹

5L5Cr

Loan Tenure (Years)

Years

5Y30Y

Interest Rate (% p.a)

10.50%20%

Your home loan EMI is

₹

Principal amount

₹0

Interest amount

₹0

Documents Required

Whatsapp me this document list

For a House construction loan, we require certain documents based on the profession/occupation of the applicant.

KYC Documents

Proof of Identity & Address

Income Documents

Proof of Income

Property Documents

Land & property related documents

Co-applicants

Passport Size photographs

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Our Happy Customers

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

Nashik

Why Choose Us?

There are various reasons to choose a home extension loan from Piramal Finance, and here are a few:

Pan India branch network & amazing post disbursement
High and excellent standards of transparency, integrity, and ethics
Devoted team of experienced professionals who operate on industry-leading information systems
Multiple repayment options
Option to enhance the loan amount if there’s any escalation in cost
Quick and seamless loan approval and disbursal

Benefits of Home Extension Loan by Piramal Finance

Easy and Hassle-free Application Process

You will experience an easy and seamless application process at Piramal Finance. You can apply for a home extension loan digitally to save time.

Simple And Quick Approval Process

You can get quick and easy approval for a home extension loan. Therefore, we are regarded as the leading provider of home extension loans in Bharat. We've also streamlined the procedure by making it a quick digital verification process.

What Is The LTV Ratio Of Home Extension Loan

The LTV or Loan-To-Value ratio of a home extension loan is the total percentage or share of a residential property’s worth that we can finance and disburse through the loan.

The LTV ratio for such a loan must not surpass the regulatory and official caps on the home loan LTV ratios determined by the Reserve Bank of India. Here’s a breakdown of the loan amounts disbursed through home extension loans along with their respective LTV ratios:

Amount Of Loan To Be Disbursed	LTV Ratio

Maximum of INR 30 lacs	A maximum of 90% of the construction cost estimate
From INR 35 lacs to INR 75 lacs	A maximum of 80% of the construction cost estimate

From INR 35 lacs to INR 75 lacs

A maximum of 75% of the construction cost estimate

We as a financial institution, assess creditworthiness to figure out the final LTV ratio for the prospective borrower seeking a home extension loan. A few of the key considerations for credit risk evaluation comprise the loan petitioner's creditworthiness, repayment ability, real estate market value, and so on.