Piramal Housing Finance – Interest Rates 2018, EMI Calculator

Piramal Housing Finance home loans are the best choice for higher loan amount eligibility, lowest interest rates & step up emi function which helps in longer terms in saving a good sum of money.

Piramal Housing Finance Home Loan Features

  1. Choose a home loan with a up to 20% higher eligibility.
  2. Top up without additional EMI.
  3. up to 90% of the cost of the property as loan amount
  4. Up to 30 years repayment period
  5. Home Loans can be applied for either individually or jointly.
  6. Salaried Individuals (Both resident as well as Non Resident Indians)
  7. Interest Rates as low as 8.35%.
  8. Loan amount 10 Lakhs to 10 Crores

Home Loan applications received for rupees ₹ 419,027 crores till 18 December 2018

GET INSTANT HOME LOAN QUOTES ONLINE & your CIBIL score absolutely FREE.

Loan Amount
Occupation

Annual Income

City

54,02,013 loan quotes taken till now.
  • 54 lakh customers serviced to get best Loan deals with deal4loans. Deal4loans views Published @ yourstory.com
  • As RBI cuts rate, should you go for fixed home loan Deal4loans views Published @ Economic Times online.

Documents Required for Piramal Housing Finance Home Loans

  1. Photo Identity Proof
  2. Current Residence Address Proof
  3. AGE / DOB Proof
  4. Business Employment Proof
  5. Income Documents – Payslip for last 3 months , Latest Form 16 or ITR, Performance Appraisal letter / Bonus letter – as proof of bonus ( if applicable)

Loan to Value Ration – Piramal Housing Finance

Loan amount upto 30 Lakhs upto 30 -75 Lakhs More than 75 Lakhs
Funding Upto 90% 80% 75%

Piramal Housing Finance EMI Calculator

EMI calculator helps you in check your monthly loan emi which you have to pay against the loan amount taken by the bank for respective repayment period. You have to enter your Loan amount, Interest Rate & Repayment time; Thats it.

Calculate Loans EMI Online

Loan Amount
Interest Rate (Reducing) % Per Annum
Loan Tenure (in Months)
 
Monthly EMI
Total Amount with Interest
Total Interest Amount
Yearly Interest Amount

For Example you taken a loan amount of 12 lakh @ 8.35% rate of interest for 15 years than you have to Rs.11711.6 per month emi. Full calculations are

  • Calculated Monthly EMI = Rs. 11711.6
  • Total Amount with Interest = Rs. 2108088
  • Total Interest Amount = Rs. 908088
Yearly Calculated Values
Year Principal Interest Balance Amount
1 Rs. 41,925 Rs. 98,619 Rs. 1,158,075
2 Rs. 45,562 Rs. 94,982 Rs. 1,112,513
3 Rs. 49,513 Rs. 91,031 Rs. 1,063,000
4 Rs. 53,812 Rs. 86,732 Rs. 1,009,188
5 Rs. 58,480 Rs. 82,064 Rs. 950,708
6 Rs. 63,556 Rs. 76,988 Rs. 887,152
7 Rs. 69,070 Rs. 71,474 Rs. 818,082
8 Rs. 75,065 Rs. 65,479 Rs. 743,017
9 Rs. 81,577 Rs. 58,967 Rs. 661,440
10 Rs. 88,655 Rs. 51,889 Rs. 572,785
11 Rs. 96,349 Rs. 44,195 Rs. 476,436
12 Rs. 104,709 Rs. 35,835 Rs. 371,727
13 Rs. 113,794 Rs. 26,750 Rs. 257,933
14 Rs. 123,668 Rs. 16,876 Rs. 134,265
15 Rs. 134,345 Rs. 6,143 Rs. 0