Piramal Finance is a leading non-banking financial company (NBFC) that offers a range of financial solutions to various sectors such as real estate, infrastructure, and renewable energy, among others. The company’s product portfolio includes loans, debt, equity investments, and structured finance solutions.
In this article, we will discuss two of Piramal Finance’s loan products, including personal loans and housing finance, and the customer care number for Piramal Housing Finance.
Piramal Personal Loans:
Piramal Finance provides personal loans to individuals who require funds for personal reasons such as medical emergencies, home renovations, weddings, or education. The loans are unsecured, which means that no collateral is required to obtain the loan. Piramal personal loans have a minimum loan amount of INR 50,000 and a maximum loan amount of INR 20 lakhs. The loan tenure ranges from 12 to 60 months, and the interest rates start from 13.99% per annum.
To be eligible for a Piramal personal loan, an individual must be an Indian citizen or a resident, between 21 to 60 years of age, have a stable income, and a good credit score. The loan application process is simple and can be done online through the Piramal Finance website. The loan amount is disbursed to the borrower’s account within a few days of the loan approval.
Piramal Housing Finance:
Piramal Finance also offers home loans for individuals who want to buy a new home, construct a new house, or renovate an existing property. Piramal Housing Finance has a minimum loan amount of INR 5 lakhs and a maximum loan amount of INR 10 crores. The loan tenure ranges from 3 to 20 years, and the interest rates start from 7.90% per annum.
To be eligible for a Piramal Housing Finance loan, an individual must be an Indian citizen or a resident, between 18 to 70 years of age, have a stable income, and a good credit score. The loan application process is simple and can be done online through the Piramal Finance website.
Piramal Housing Finance Customer Care Number:
If you have any queries or concerns regarding Piramal Housing Finance or any other Piramal Finance product, you can contact the Piramal Finance customer care team through the following channels:
- Call: 18001039300 (Toll-Free)
- Email: firstname.lastname@example.org
- Visit: Piramal Finance website and submit a query or complaint through the online form
The customer care team is available to assist you with loan applications, loan status updates, loan repayment queries, and any other related issues.
Piramal Finance offers a range of financial solutions to individuals and enterprises, including personal loans and housing finance. Both loan products have attractive interest rates and flexible repayment tenures. The loan application process is simple and can be done online through the Piramal Finance website. If you have any queries or concerns regarding Piramal Finance’s products or services, you can contact the customer care team through the toll-free number, email, or online form.
How can I check my Piramal loan status?
You can check the status of your Piramal loan by following the steps below:
- Visit the Piramal Finance website.
- Click on the “Customer Portal” tab.
- Log in to your account using your username and password.
- Once you are logged in, you can view your loan account details, including the status of your loan.
- If you have any questions about your loan status, you can contact Piramal Finance customer care at 1800 266 7780 or email@example.com.
Alternatively, you can also check your Piramal loan status by calling the customer care team at the above-mentioned phone number and providing your loan account details. The customer care representative will be able to provide you with the status of your loan.
What is the rate of interest of Piramal Finance?
The rate of interest for Piramal Finance loans can vary depending on the type of loan and the individual borrower’s profile. Generally, Piramal Finance offers competitive interest rates on their loan products. The interest rates for Piramal Personal Loan, for example, can range from 12% to 24%, while the interest rates for Piramal Home Loans can range from 6.75% to 8.45%. It is always a good idea to check the latest interest rates offered by Piramal Finance on their website or by contacting their customer care team to get a better idea of the applicable rates for your loan.
Is Piramal finance a NBFC?
Yes, Piramal Finance is a non-banking financial company (NBFC) registered with the Reserve Bank of India (RBI). Piramal Finance provides a range of financial products and services, including corporate and real estate finance, structured financing, and wholesale lending, among others. The company operates through various subsidiaries, including Piramal Capital and Housing Finance Ltd, Piramal Realty, and Piramal Fund Management Pvt. Ltd. As an NBFC, Piramal Finance is regulated by the RBI and must comply with various regulatory guidelines and norms to ensure the safety and soundness of its operations.
How do I check if I qualify for a loan?
To check if you qualify for a loan, you can follow these steps:
- Check the eligibility criteria: Every lender has specific eligibility criteria for loan applicants, such as age, income, credit score, and employment status. You can check the eligibility criteria for the specific loan you want to apply for on the lender’s website or by contacting their customer care team.
- Assess your credit score: Your credit score is a critical factor in determining your loan eligibility. You can check your credit score for free through various credit bureaus such as CIBIL, Experian, or Equifax. A good credit score improves your chances of getting approved for a loan.
- Calculate your debt-to-income ratio: Your debt-to-income ratio is the percentage of your monthly income that goes towards paying off your debts. Lenders typically prefer borrowers with a low debt-to-income ratio, as it indicates better financial health.
- Collect necessary documents: To apply for a loan, you will need to provide specific documents, such as proof of identity, income, and residence. Check the lender’s website or contact their customer care team to find out the exact documents required for your loan application.
- Apply for a loan: Once you have assessed your eligibility, credit score, debt-to-income ratio, and collected the necessary documents, you can apply for a loan. You can do this by visiting the lender’s website, filling out the loan application form, and submitting the required documents. Some lenders may also offer pre-approval or instant loan approval, making the process faster and more convenient.
Remember that meeting the eligibility criteria and having a good credit score does not guarantee loan approval. The lender will also assess other factors such as your employment history, credit history, and repayment capacity before deciding on your loan application.
How can I check my personal loan details?
To check your personal loan details, you can follow the steps below:
- Visit the website of the lender who provided you with the personal loan.
- Look for the “Customer Login” or “My Account” section on the website and click on it.
- Enter your username and password to log in to your account.
- Once you are logged in, you should be able to see your personal loan details, including the loan amount, interest rate, repayment schedule, outstanding balance, and other relevant information.
- If you are having trouble accessing your loan details online, you can contact the lender’s customer care team and request for assistance. You may need to provide some basic details such as your name, loan account number, and date of birth to verify your identity before the customer care team can assist you.
Remember to keep your loan account details and other sensitive information secure to protect yourself from potential fraud or identity theft.
What is the credit rating of Piramal?
Piramal Enterprises Limited, the parent company of Piramal Finance, has a credit rating of ‘AA’ by CRISIL and ICRA, two of the leading credit rating agencies in India. A credit rating is an independent evaluation of an entity’s creditworthiness, indicating the likelihood of timely repayment of its debts. The ‘AA’ rating is considered a high credit rating, indicating that Piramal Enterprises has a strong ability to meet its financial obligations. It also reflects the company’s stable and robust financial profile, supported by a diversified business portfolio and sound financial policies. The credit rating is an important parameter to consider when evaluating the creditworthiness of a company or assessing the risk of investing in its debt securities or financial products.
Does cibil check NBFC?
Yes, CIBIL (Credit Information Bureau India Limited) does check the credit history and credit score of individuals who have borrowed from NBFCs (Non-Banking Financial Companies). CIBIL is one of the leading credit bureaus in India and maintains a comprehensive database of credit-related information of individuals and companies. NBFCs report their customers’ credit information to credit bureaus like CIBIL, which includes details such as loan/credit card applications, credit limits, repayment history, defaults, and late payments, among others. This information is then used by credit bureaus to calculate an individual’s credit score, which is a three-digit number that represents a borrower’s creditworthiness. A higher credit score indicates a better credit history, which increases the chances of loan approval and getting lower interest rates. It is therefore crucial to maintain a good credit history and score by making timely repayments and managing your debts responsibly.
Is Piramal a good company?
Piramal Enterprises Limited, the parent company of Piramal Finance, is a diversified conglomerate with business interests in areas such as healthcare, life sciences, financial services, and information management, among others. The company has a strong track record of growth and profitability, and its business strategy is focused on delivering long-term value to stakeholders.
Piramal Finance, a subsidiary of Piramal Enterprises, is a leading player in the Indian financial services sector, with a focus on providing innovative financial solutions to various sectors such as real estate, infrastructure, and renewable energy, among others. The company has a well-diversified portfolio of lending products and has demonstrated its ability to manage risks effectively, resulting in strong credit ratings from leading rating agencies.
Based on these factors, Piramal Enterprises and its subsidiaries can be considered a good company with a strong financial profile, a diversified business portfolio, and a proven track record of growth and profitability. However, as with any investment or financial decision, it is important to conduct your own research and due diligence and seek professional advice before making any investment decisions.
How do I download my loan statement from Piramal?
To download your loan statement from Piramal, you can follow the steps below:
- Visit the Piramal Finance website and log in to your account using your username and password.
- Once you are logged in, look for the “Loan Statement” or “Download Statement” option on the dashboard or in the account settings section.
- Click on the “Loan Statement” or “Download Statement” option, and you will be directed to a new page.
- Select the loan account for which you want to download the statement and choose the period for which you want to view the statement.
- Once you have made your selections, click on the “Download” button, and the loan statement will be downloaded in PDF format.
- Save the loan statement to your device or print it for future reference.
If you are facing any difficulties downloading the loan statement or if the statement is not available on the website, you can contact Piramal Finance’s customer care team for assistance. You may be asked to provide some basic details such as your name, loan account number, and date of birth to verify your identity before the customer care team can assist you.
Disclaimer: I am not a certified financial adviser and this is not financial advice. The purpose of this article is to inform you about financial products and strategies. Consult your financial advisor before making any financial decisions.