You can transfer your existing housing loan to Shubham Housing Finance through the balance transfer facility on Bajaj Markets. The Housing Loan Balance Transfer (HLBT) facility helps you lower your repayment obligations and enjoy better terms.
Check the following table to know about the interest rate and charges:
Interest Rate |
10.90% p.a. onwards |
Processing Fees |
|
Foreclosure Charges |
Nil |
Disclaimer: The above-mentioned rates and charges may change at the discretion of Shubham Housing Finance.
Year | Principal | Interest | Balance |
---|
The eligibility requirements you need to fulfil are as follows:
You must be between 21 and 70 years of age
You must have a bank account
You must reside in a city where Shubham Housing Finance’s office is located
These individuals can be co-applicants to the loan:
All the owners of the property being financed
All individuals whose income is considered for the loan
Here is the list of documents required for Shubham Housing Finance Home Loan Balance Transfer:
A duly filled application form
Proof of Identity, such as PAN card, voter’s ID, and passport
Proof of residence like an Aadhaar card, utility bills, and passport
Documents of income proof
Bank statements
Property documents
Here is how to apply for a Shubham Housing Finance Home Loan Balance Transfer on Bajaj Markets:
Navigate to the ‘Apply Button’ and click on it
Enter personal details, including your full name, contact number, date of birth, etc., to check your eligibility
Choose the ‘Shubham Housing Loan HLBT’ facility from the list of loan providers
Select your preferred loan amount and repayment tenure
Submit the application form
Once you submit the form, a representative will reach out to you to take the process further.
You can transfer your home loan balance to Shubham Housing Finance by applying for it online on Bajaj Markets.
You must submit original documents for the Shubham Housing Finance Home Loan Balance Transfer. These documents include your identity proof, address proof, bank statement, income tax returns, and copies of your property papers.
Shubham Housing Finance offers fixed rates on the home loan balance transfer facility.
With an excellent repayment history, you can expect lower interest rates from Shubham Housing Finance, reducing your borrowing costs.
Yes, the maximum tenure for transferring a home loan balance to Shubham Housing Finance is 25 years.
No, you do not have to pay a fee for an eligibility check or before initiating a loan offer.
Shubham Housing Finance offers fixed interest rates on the home loan balance transfer facility.