Home Loan in Thane

The city of Thane is most well known for Asia’s first-ever passenger train terminus. India’s 15th most populated city, Thane is located in the Mumbai Metropolitan Region. Its proximity to industry has ensured its rapid development. It also boasts some tourist spots including four lakes that earned it the moniker city of lakes. It is also home to a Portuguese church that dates back to 1582, the Kopineshwar temple and the Sanjay Gandhi National Park.

Thane offers a metropolitan lifestyle, far away from the bustle and pollution of cities. Has living in such a well-developed and well-planned city full of opportunities been your dream? If yes, don’t hold back on purchasing a house. With Piramal Capital and Housing Finance, avail of an attractive home loan in Thane to buy the house of your dreams.

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Features and benefits of home loan in Thane

  1. Desirable interest rates:

  2. Do you currently have a loan account open with another company? Are you not satisfied with their services? PCHF allows you to transfer your home loan to itself at low interest rates and with minimal documentation

  3. Hassle-free application

  4. Typically applying for a loan can be a difficult process. It may require frequent visits to the bank, heavy paperwork and documentation and a long turnaround time before you are granted your loan. With PCHF, the process becomes hassle free.

  5. 24/7 support

  6. Reading and understanding the terms and conditions of your loan can be challenging. This is why we have a team of relationship managers who are ready to respond to all your questions at any hour of the day.

  7. Minimal documentation

  8. PCHF aims to avoid unnecessary documentation to process your loan. It can be difficult to locate and gather heaps of paperwork to get a loan. Minimal documentation makes the process easier for you.

  9. Online account management

  10. Borrowers can track their transactions, applications, loan details, EMI payments and all aspects of getting a loan on PCHF’s online portal. This cuts down on visits to the lender.

  11. Flexible repayment tenures

  12. The customer can choose the tenure over which loan repayment will be made according to their convenience.

  13. Tax benefits

  14. Home loan borrowers will be eligible for tax deductions under Section 80D of the Income Tax Act.

Eligibility for a home loan in Thane

Before you can submit your application for a home loan in Thane, make sure you meet the following eligibility criteria:

For salaried applicants

  • Minimum age of 21 years and maximum age of 70 years for government employees. For other employees, 62 years is the maximum age.
  • The applicant must be working in a government institution, PSU, multinational company, partnership firm, private limited company, proprietorship, NGO or trust.
  • Documents required include application form with photograph, ID proof like passport, driver's license, Aadhaar, voter's ID, NREGA job card or National Population Register letter with photo and name.
  • Proof of income like last 3 months salary slips, form 16 for two years, 6-month bank statement with salary credit and salary slips, collateral documents.
  • Residence proof like passport, driver’s license, Aadhaar and utility bills.
  • Mandatory co-applicant details. Co applicants could include spouses, parents, siblings or children.

For self-employed applicants

  • Minimum age of 23 years and maximum age of 70 years.
  • Applicant should be a self-employed professional such as a qualified doctor, chartered accountant or architect.
  • They can be a self-employed non-professional like a business owner, partner or promoters of a company.
  • Documents required include application form with photograph and ID proof like passport, driver's license, Aadhaar, voter's ID.
  • Income proof like last 2 years ITR with computation, CA audited financials, 6 months primary bank statement.
  • Residence proof like passport, driver’s license, Aadhaar and utility bills.
  • Mandatory co-applicant details. Co applicants could include spouses, parents, siblings or children.

Interests, fees and charges for a home loan in Thane

  • Interest rates start from 10.50%* p.a.
  • Processing fee of up to 3 % of Loan amount + applicable taxes.
  • During cancellation, withdrawal or rejection of loan application, a minimum of ₹ 5000/- plus taxes or the initial processing fee, whichever is lower, will not be released.
  • Rs 500 plus taxes will be chargeable each for loan repayment instrument dishonour, CERSAI charges, pre-closure statement, list of documents deposited with the lender, loan repayment schedule and change of loan repayment mode.
  • A 2% p.m. on the outstanding amount for non-compliance of any terms and conditions of transaction documents by borrowers.

How to apply for a home loan in Thane?

A Piramal Capital and Housing Finance home loan in Thane can be applied for easily. Here’s how:

  1. Visit the PCHF’s official website for home loans here: https://www.piramalfinance.com/home-loan
  2. Read the details and click on the ‘Quick Apply’ button
  3. Enter required details like email address, contact number and loan amount before clicking ‘submit’.
  4. PCHF officials will get in touch with you to move ahead with your application.

Getting a home loan has become easier than ever. With PCHF, get the loan best suited for you in a hassle-free and quick manner.