Panthoibi Housing Finance Home Loan

Last Updated : July 26, 2019, 12:22 p.m.

About Panthoibi Housing Finance Home Loan

Housing Finance is a requisite for home buyers to fulfill their dreams of Home-ownership with the help of a Housing Finance company. Panthoibi Housing Finance is one such company which helps you get the funds to purchase or to build a home. The company offers home loan on the basis of an amount ascertained from your net salary, service period and repayment capacity for a period up to 15 years on either fixed and floating interest rate subject to be determined on your eligibility criteria. A variety of home loan schemes is offered by the company to suit different needs of prospective home owners.

The home loan schemes are as follows:

• Home Construction Loan: Home loans are available for construction of a new home.
• Home Extension Loan: Home Loans available for expanding or extending on existing home, e.g. addition of an extra room etc.
• Home Improvement Loan: Home Loan is given for implementing repair works and renovation to your home.
• Home purchase loan: It is a type of common home loan for purchasing a home.
• Land purchase loan: Home Loan approved for the purchase of land, for both home construction or investment purposes.
• Bridge Loan: Home loans designed for people who wish to sell the existing home and purchase other. The bridge loan helps in financing the new home until a buyer is found for the old home.

Panthoibi Housing Finance Home Loan Interest Rates

To qualify for a home loan with Panthoibi Housing Finance, you should meet the following criteria:

• You should be an Indian Resident.
• Your age should be above 21 years of age at the commencement of the loan.
• Your age should be below 60 years of age when the loan gets matured.
• You should be a regular employee of the given particular department having completed a minimum service of 2 years.

Documentation Required for Panthoibi Housing Finance

Below is the list of documents that an applicant must have in order to get the loan approved.

Panthoibi Housing Finance EMI Calculator

Equated Monthly Installment is the amount payable to Panthoibi Housing Finance every month regularly until the loan is paid back in full amount. It includes a portion of the interest as well as the principal. Calculate your EMI with the help of Panthoibi Housing Finance EMI Calculator . All you need is to enter the details such as loan amount, tenure, and interest rate. The actual results will get displayed in front of you.

Suppose, you are a software professional, earning ₹75000 p.m and working in a reputed MNC based out at Noida. You are searching for the purchase of your own home but your current salary doesn’t allow to permit higher loans. So, you have applied for ₹20 lakhs with Panthoibi Housing Finance and have been sanctioned ₹10 lakhs for a tenure of 15 years at floating interest rate 15.25%. The following table gives you details on your calculated EMI along with interest and the total amount that costs you against your sanctioned home loan.

Features and Benefits of Panthoibi Housing Finance

• Attractive Housing Finance Rates
• No prepayment charges
• Balance transfer facility
• Quick and transparent processing
• Doorstep Services
• Tax Benefits

Panthoibi Housing Finance Customer Care Contact Number

If you are interesting in obtaining loan from Panthoibi Housing Finance Company, contact an experienced customer care representative of Panthoibi Housing Loan on 0385-2414889