• Salaried Applicant: 8.5% p.a. onwards
• Self Employed Applicant: 9.75% p.a. onwards

• Salaried Applicant: 8.75% p.a. onwards
• Self Employed Applicant: 8.80% p.a. onwards

Processing Fee:

• Salaried Applicants: 0.25% of the loan amount or Rs. 10,000 + GST whichever is higher
• Self-employed Applicants: 0.50% of the loan amount

• Salaried Applicant: 12% p.a. onwards
• Self Employed Applicant: 13% p.a. onwards

Upto 240 Months

• Salaried Applicant: 8.6% p.a. onwards
• Self Employed Applicant: 8.6% p.a. onwards

• Salaried Applicant: 8.65% p.a. onwards
• Self Employed Applicant: 8.75% p.a. onwards

Processing Fee:
• 0.25% of loan amount subject to maximum of Rs. 10,000/- +GST (Up to Rs. 2 Crores)
• 0.25% of loan amount subject to maximum of Rs. 25,000/- + GST (Above Rs. 2 Crores and up to Rs. 5 Crores)
• 50,000/- +GST (Above Rs. 5 Crores and up to Rs. 15 Crores)

• Up to 360 months (for salaried applicants)
• Up to 240 months (for self-employed applicants)

• Salaried Applicant: 8.90% p.a. onwards
• Self Employed Applicant: 8.90% p.a. onwards

Processing Fee:
• Flat Rs. 3000 + Applicable Taxes
Administrative charges:
• Rs. 5,000 + Applicable Taxes or 0.25% of the loan amount + Applicable Taxes, (whichever is lower)

• Salaried Applicant: 10.90% p.a. onwards
• Self Employed Applicant: 11.50% p.a. onwards

Processing fee:
• Zero Foreclosure charges
• Up to Rs. 3 Lakhs: Rs. 9500+GST
• Rs. 3 Lakhs - Rs. 6 Lakhs: Rs. 13500+GST
• Rs. 6 Lakhs - Rs. 10 Lakhs: Rs. 18000+GST
• Rs. 10 Lakhs - Rs. 12 Lakhs: Rs. 27000+GST
• Above Rs. 12 Lakhs – Rs. 27000+3% of the loan amount over and above Rs. 12 Lakhs + GST

1. The applicant should be above 21 years and not more than 69 years at the time of loan maturity.
2. The applicant must have a bank account.
3. The applicant should be residing in a city where Shubham Housing Development Finance’s office is located.
4. All the owners of the property being financed and all individuals whose income has been considered for the loan have to be the co-applicants to the loan.

Salaried Applicants:

1. Application form with all required details filled in and application
2. Identity proof such as PAN card, Voters ID Card, Aadhaar Card, Passport
3. Address proof such as electricity bill, utility bill, ration card, latest salary slip, if available
4. Bank passbook or bank account statement
5. Income Tax returns, if available
6. Copies of the property papers

Self-employed Applicants:

1. Application form with all required details filled in
2. Identity proof such as Pan Card, Voters ID Card, Passport, Aadhaar card
3. Address proof such as electricity bill, ration card
4. Income proof documents, if available
5. Bank passbook or bank Statements
6. Copies of the property papers

• Salaried Applicant: 11.50% p.a. onwards
• Self Employed Applicant: 11.50% p.a. onwards

Processing fee:
• Up to 2.5% of the loan amount plus applicable taxes
Foreclosure Charges: -
• For Individual Borrowers – Nil for Floating Rate Loans; as per MITC for Fixed Rate

Proof of Identification:

1. Driving license
2. Ration card
3. Passport
4. PAN card
5. Voter’s ID card
6. Employee ID
7. Bank passbook

Proof of Age:

1. PAN card
2. Birth certificate
3. 10th class marksheet
4. Bank passbook
5. Passport
6. Driving License

Address Proof:

1. Bank passbook or Bank account statement
2. Voter’s ID
3. Ration card
4. Passport
5. Utility bill (telephone, electricity, water, gas) – less than 2 months old
6. LIC policy/ receipt
7. Letter from a recognized public authority verifying the customer’s residence address

Income Documents: Salaried individuals (any one of the following)

1. Form 16
2. Certified letter from Employer
3. Pay slip (Last 2 months) Increment or Promotion letter
4. Updated bank statement (of last 6 months)
5. IT returns (for 3 years)
6. Investment proofs (like fixed deposits, shares, etc)
7. Passport-size photographs

Income Documents: Self Employed or businessman (any one of the following)

1. Last 3 years Income tax returns of the applicant along with computation of income duly attested by a Chartered Accountant
2. Updated 6 months bank statement
3. Last 2 years Balance Sheet and Profit & Loss account of the firm- duly attested by a Chartered Accountant
4. A brief introduction of his profession/business
5. Passport size photographs
6. Photocopy of Registration
7. Certificate of establishment under Shops and Establishments Act/Factories Act
8. Photocopy of Registration Certificate for deduction of Profession Tax
9. Proof of investments
10. Certificate of Practice
11. Receipts of advance tax payments (if any)

Property Documents:

1. Sale deed, agreement of sale with the builder (original copy)
2. Land and building tax paid receipts, location sketch of the property certified by the revenue authorities, possession certificate
3. Letter of allotment given by the Housing Board/Society/Private builder
4. Original receipts of the advance payments that are made towards the purchase of flat
5. An approved copy of the building plan (key plan/floor plan in case of purchase of flats)
6. Original of the land tax paid receipt and possession certificate as issued by the revenue authority
7. Original No objection certificate (NOC) from the housing society or builder Detailed estimate of the cost of construction of house
8. Letter from the builder/society/housing board, stating their account number and name of their bankers for the remittance of instalments

Processing Fees: Up to 4% of the loan amount + GST

Prepayment Charges:

1. 6% of loan amount paid + GST, if within 24 months of loan disbursement*
2. 4.5% of loan amount paid + GST, post 24 months of loan disbursement*

* Applicable for fixed & floating interest loans

Mandatory:

1. Completed application form with the signature of the applicant
2. Identity Proof: Aadhar card, voter ID, PAN card, Driving license etc.
3. Address Proof: Aadhar Card, voter ID, PAN card, Driving license, Pass certificate of 10th or 12th, Passport, Birth certificate, etc.
4. Property documents
5. Coloured passport-sized photographs

Additional:

1. Salary Slip of last 3 months
2. ITR of last 2 years
3. Business records
4. LIC Policy
5. FD/RD documents
6. Details of any ongoing debts
7. Any additional investment details