Shubham Housing Finance offers home loans at interest rates ranging from 11.90% per annum to 16.00% per annum with a repayment term of up to 20 years. You can avail of loan amounts ranging from Rs.20 Lakhs to Rs.50 Lakhs which also depends on the location.
Shubham Housing offers loans to people with low incomes as well. A customer can avail of the loan to purchase a new house/flat, construct a house, extend or renovate the existing one. The Shubham housing finance home loan interest rates range from 11.9% per annum to 16% per annum.
|Interest Rate||11.9% to 16%|
|Loan Amount||Rs 5 lakh to Rs 50 Lakh|
|Loan Tenure||Up to 30 years|
The home loan offered by Shubham Home Finance can be used for the following purposes:
The eligibility criteria to qualify for Shubham Housing finance home loan are given as follows:
Shubhuam needs standard KYC documents along with an application form filled via investmentcover.com. One must have these documents handy for quick processing of the home loan. The following are the documents required for Shubham Home Loan
Shubham Housing Development Finance Company is an organization that provides Pradhan Mantri Awas Yojana (PMAY)housing loans and finance solutions for poor people. Their target audience is those who earn less than Rs. 50000 per year. They offer interest rates as low as 3 percent.
How much does a home loan cost?
The interest rate for home loans ranges from 11.90% to 16% p.a
Duly filled application form along with proof of identity like PAN Card, Voter ID, and passport Address proof – ration card, electricity bill, etc.
Borrowers need not present a guarantor when applying for Shubham Home Loans which makes the process less complicated. They have to fill up the form on investementcover.com. After filling up the form Shubham team will fix up an appointment for a face-to-face meeting and cross-checking of documents. The loan would be sanctioned post confirming the authenticity of all the documents.
Yes, prepayment of loan is allowed in Shubhum Home Loan. There is no prepayment penalty for partial or full repayment of the loan.
The monthly installment of the loan can be paid either PDC (Post Dated Cheque) or through ECS (Electronic Clearing Services) as per the convenience of the customer.