Punjab National Bank Home Loan vs Piramal Capital & Housing Finance Home Loan vs Aadhar Housing Finance Ltd. Home Loan vs Shriram Housing Finance Home Loan

Feature Comparison

When selecting a home loan from Punjab National Bank, Piramal Capital & Housing Finance, Aadhar Housing Finance Ltd., or Shriram Housing Finance, interest rates play a crucial role. Punjab National Bank offers rates of 8.50% - 11.05%, attractive for those looking to minimise monthly payments. Piramal Capital & Housing Finance provides rates of 9.50% - 10.5%, which might offer better long-term financial benefits. Aadhar Housing Finance Ltd. has rates of 8.75-10.5%, offering flexibility for various borrowing needs. Shriram Housing Finance presents rates of 9.50% - 10.5%, potentially providing the best initial rates.

Punjab National Bank extends loan tenures up to Max 30 Years, ideal for keeping monthly obligations low. Piramal Capital & Housing Finance allows loan periods up to Max 30 years, catering to borrowers seeking a balanced repayment timeline. Aadhar Housing Finance Ltd. offers loan tenures up to Max 30 years, perfect for those who prefer to clear their loan faster. Shriram Housing Finance provides tenures up to Max 25 years, offering options for different repayment preferences.

Regarding the maximum loan amount, Punjab National Bank provides loans up to Upto 5cr, suitable for high-value property purchases. Piramal Capital & Housing Finance caps at Upto 5cr, fitting for standard housing investments. Aadhar Housing Finance Ltd. supports loans up to Upto 5cr, ideal for more affordable real estate acquisitions. Shriram Housing Finance offers maximum loans of Upto 10 Cr, accommodating various property values.

Processing fees vary among the banks. Punjab National Bank charges up to 1% for Home Loan, Piramal Capital & Housing Finance imposes Upto 5% of loan amount + applicable taxes, Aadhar Housing Finance Ltd. requires Up to Rs.3500 Plus Applicable GST, and Shriram Housing Finance sets its fee at Up to 2.5% of the loan amount plus applicable taxes.. It's important to include these fees in your initial cost calculations when choosing the best loan option.

Conclusion

When deciding between the home loan options from Punjab National Bank, Piramal Capital & Housing Finance, Aadhar Housing Finance Ltd., and Shriram Housing Finance, it's essential to consider how each product fits your unique financial situation. Focus on comparing key aspects like interest rates, eligibility criteria, loan terms, maximum loan limits, and processing fees to ensure you choose a loan that supports both your current needs and future financial well-being.