Shubham Housing Finance Home Loan Interest Rates

You can avail Shubham home loan up to Rs. 50 Lakhs depending on the city you live in, home loan amount, valuation of the property and your eligibility.

Yes. With Shubham Housing Home Loan Balance Transfer, you can reduce your EMIs by moving your high-interest outstanding home loan from another financial institute to Shubham. 

• Administrative & operational costs (only if the customer has identified the property & wishes to pay: Upfront Rs. 2,000.
• Administrative & operational costs at login: Rs. 4,000. 
• Administrative & operational costs on disbursal: 3% + GST on the sanction loan amount. 

No, Shubham Housing does not charge any preclosure penalty.

You can repay the Shubham Housing Finance home loan EMI amount through Electronic Clearing Services (ECS) or National Automated Clearing House (NACH).

Shubham requires the following documents for a home loan:

• Home loan application form filled in with all required details.
• Identity proof such as PAN Card, Passport, Voters ID Card.
• Address proof such as electricity bill, ration card, etc.
• Income proof documents (if available).
• Bank passbook or bank statements.
• Property documents (if the property is identified).

Shubham Housing Finance calculates Home Loan interest on a monthly reducing basis. Thus, the interest for the current month depends on the outstanding loan amount of the previous month. In simple terms, the Home Loan interest for September depends on the balance outstanding on August 31.

Yes, the borrower can request Shubham Housing Finance to alter the EMI instead of extending the loan tenure. Shubham Housing Finance does not charge any additional fees for such restructuring of the instalments.

Yes, income tax benefits are available as stipulated by the Income Tax.