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About Panthoibi Housing Finance Company Ltd
Panthoibi Housing Finance Company Ltd (PHFCL) is the first major Housing Finance Company from the region of north-east that is regulated and registered with National Housing Bank. The company has aimed to provide quick, easy and affordable home loans to the customer so that he/she can realize the dream of owning a house. The company is very clear with its vision of becoming the leading Housing Finance Company in India. It is working hard to conduct business in the most transparent and fair manner and deliver the highest standard of service. The company is offering the customers a wide array of home loans that can meet their requirements. The registered office of the company is established in the capital of Manipur, Imphal.
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PHFCL Home Loan Eligibility criteria
The eligibility norms for a home loan has been set by PHFCL. An applicant has to fulfill these norms in case he/she wants to successfully avail a home loan.
- The applicant must be an Indian resident.
- Age plays a very important role in determining the eligibility of an applicant. The loan borrower must be above the age of 21 years when the loan is commenced. It clearly means the loan will be available to only those who are more than 21 years old.
- The applicant should be less than 60 years old when the loan matures. It means the loan has to be fully repaid along with interest by the age of 60 years.
- The applicant has to be a regular employee of a reputed and prominent company or department.
- He/she should have completed a service of at least two years in order to obtain a home loan.
PHFCL Home Loan Eligibility Calculator
How much loan amount I am eligible to take, is one of the questions you ask yourself before signing the dotted line. To give you a clear picture regarding the loan you can actually avail, eligibility calculator has been designed. The tool will compute the loan amount you are eligible enough to obtain. You will have to feed in the details of your net monthly income, the rate of interest, existing EMI if any and tenure of the loan.
PHFCL Home Loan EMI Calculator
Before availing a home loan, it is very important for you to check the amount of monthly installment you will have to pay to completely repay your loan. It is a matter of concern because the monthly EMI if higher, can disturb your budget for the month. Calculating the EMI can turn out to be complex, but the EMI calculator has been created to make things easier and hassle free for you. The tool is simply magical and will provide you with all the information relating to your monthly EMI and total interest payable. You have to enter key details like the desired loan amount, rate of interest and tenure period. PHFCL Home Loan Amount Calculator will give you results instantly.
Types of PHFCL Home Loan
PHFCL offers different home loan schemes for the customers that are well-suited to meet their needs. A customer can benefit from the following schemes-
- Home improvement loan
- Home construction loan
- Home extension loan
- Home purchase loan
- Bridge loan
- Land purchase loan