Shubham Housing Finance Loan Against Property Balance Transfer

Transfer the balance of your existing loan against property to Shubham Housing Development Finance Company Ltd. on Bajaj Markets. This option allows you to leverage your property’s value at better terms by transferring the loan up to 20 Lakhs and the property held as collateral. 

You can save more on your existing loan costs with low interest rates that start from 13.90% p.a. You can repay the loan at your convenience over tenures ranging up to 15 years.

The EMI calculator enables you to plan your balance transfer effectively by giving a clear estimate of your monthly repayment. By entering the loan amount, interest rate, and tenure, you can instantly view your EMI, total interest payable, and overall repayment obligation.

This tool simplifies the comparison between your existing loan and Shubham Housing Finance’s balance transfer facility. It helps you make informed financial decisions and select the tenure and EMI structure that aligns best with your budget.

Fulfil the following requirements to be eligible for this balance transfer facility:

• You must be a salaried or self-employed individual

• You should fall under the age bracket of 21 to 70 years

• You must have a bank account

• Any owners of the financed property and individuals whose income is evaluated for the loan must be co-applicants

• You must reside in one of the cities where Shubham Housing Development Finance Company Ltd. has an office

Your credit score may also be considered when assessing your eligibility for a balance transfer.

Keep the following documents ready to complete your balance transfer process:

• Identity Proof: Any one of the following

  • Aadhaar card

  • PAN card

  • Voter ID

  • Driving licence

  • Passport

• Address Proof: Any one of the following

  • Aadhaar card

  • Passport

  • Voter ID

  • Utility bills

  • Ration card

• Income Proof: Recent salary slips or ITR filings

• Bank passbook

• Bank statement

• Copies of property papers

• Passport-size photographs

Follow these simple steps to apply for a loan against property balance transfer on Bajaj Markets:

1. Click on the ‘Check Offer’ button available on this page

2. You will be directed to the digital loan application form

3. Select ‘Loan Against Property Balance Transfer’ from the drop-down menu

4. Indicate your employment status as either a Salaried Professional or a Business Owner

5. Enter your mobile number to proceed with eligibility validation

6. Confirm acceptance of the terms of use and authorise information sharing as applicable

7. Press ‘Apply Now’ to complete and send your application

Following this, an executive will reach out to you for further proceedings.

You can track the status of your loan against property balance transfer application through multiple channels. Here are some of the methods: 

• Call the Toll-Free Number
  Reach out to 18002582225. Provide your loan details and get instant updates on your application status.

• Email Support Team
  Send your loan application information to customercare@shubham.co. The team will inform you about the loan status.

• Visit a Branch

  Go to your nearest branch to check your balance transfer status. Relationship officers can provide updates on your loan status.

You can easily access your loan against property balance transfer statement through various channels:

• Annual Statements
  Receive your account statement and interest certificate automatically at the end of the financial year.

• Customer Care
  Call 18002582225 or email your loan details to customercare@shubham.co to get your statement.

• Branch Request
  Visit your nearest Shubham Housing Finance branch to request a copy of your loan statement or repayment schedule.

The lender provides flexible repayment options for your loan against property balance transfer. Here are a few options:

• NACH (National Automated Clearing House)

Set up standing instructions with your bank for automatic EMI deductions every month, ensuring timely payments without manual effort.

• ECS (Electronic Clearing System)

Enable auto-debit of monthly EMIs directly from your bank account for a hassle-free and consistent repayment process.

• Prepayment

Repay your loan partially or fully ahead of schedule without any penalty. It helps you save on interest and close the loan faster.