Shubham Housing Finance Loan Against Property Balance Transfer

Transfer the balance of your existing loan against property to Shubham Housing Finance on Bajaj Markets. This option allows you to leverage your property’s value at better terms by transferring the loan 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. In addition to this, you can also repay the loan at your convenience over tenures ranging up to 15 years.

Here are the interest rates and charges associated with this balance transfer facility:

When you choose to transfer the balance of your loan with Shubham Housing Finance, the interest rate is usually revised. For this instance, let’s assume that the rate was reduced to 13.90% p.a. Here, the EMI amount will also change to ₹38,666.43 as the interest charge reduces. This can help you save a considerable amount on repayment over the remaining loan tenure. 

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 Finance has an office

Your credit score may also be considered when assessing your eligibility for a balance transfer. In addition to this, you will be required to furnish the following documents:

• PAN card

• Identity Proof: Any one of the following

  • Aadhaar 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 slip or ITR filings

• Bank passbook

• Bank statement

• Copies of property papers

• Passport-size photographs

Follow these simple steps to apply for a Shubham Housing Finance Loan Against Property Balance Transfer on Bajaj Markets:

• Click on the ‘Apply Now’ option on this page

• Enter your basic personal details as requested

• Select ‘Shubham Housing Finance’ from the list of lenders

• Check the offer you are eligible for

• Enter the required loan amount and details of the property mortgaged

• Check the loan terms, including the various charges and the net disbursal amount

• An executive will reach out to you for further proceedings.