Shubham Housing Finance Home Loan Balance Transfer

Check Shubham Housing Finance Home Loan Balance Transfer: Offers & Online Process

Select Your Profession

Salaried Employee

Business Owner

✓ Home Loan Balance Transfer Facility ✓ Multiple Lending Partners ✓ Interest Rates Starting @ 8.50% Apply Now

Shubham Housing Finance loan balance transfer helps you transfer your outstanding balance from other financial institutions to Shubham Housing Finance. This will help you lower your EMIs and save that money for a better future.

Shubham Housing Finance home loan balance transfer is an online facility that can be accessed right from the comfort of your home. So, apply for a Shubham Housing Finance loan balance transfer on Bajaj Markets in just a few easy steps.

Read on for details of the Shubham Housing Finance home loan balance transfer, including the interest rate, fees, charges, and more.

Shubham Housing Finance Home Loan Balance Transfer Interest Rates and Charges 2023

Shubham Housing Finance home loan balance transfer interest rates are affordable that help you enjoy significant savings on your EMIs.

Charge Type	Particulars
Interest Rate	10.90% p.a. onwards
Processing Fees	Up to ₹3 Lakhs- ₹9500 + GST For ₹3 Lakhs - ₹6 Lakhs- ₹13,500 + GST For ₹6 Lakhs - ₹10 Lakhs - ₹18,000 + GST For ₹10 Lakhs - ₹12 Lakhs - ₹27,000 + GST Above ₹12 Lakhs – ₹27,000 + 3% of the loan amount + GST
Foreclosure charges	NIL

**Disclaimer: The interest rate, foreclosure, and pre-payment charges are subject to change as per Shubham Housing Finance. Double-check them from the official website of the lender before applying.

Compare Shubham Housing Finance Home Loan Balance Transfer Interest Rates 2023

Here is a tabulated comparison of Shubham Housing Finance home loan balance transfer interest rates with other partners on Bajaj Markets.

Partners	Minimum Interest Rate
Bajaj Housing Finance Limited	8.95% p.a.
ICICI Bank	8.75% p.a.
Kotak Mahindra Bank	9.00% p.a.
LIC Housing Finance	8.65% p.a.
PNB Housing Finance Limited	8.50% p.a.
Shriram Housing Finance	11.50% p.a.
Union Bank of India	8.50% p.a.

Disclaimer: Above-mentioned interest rates are subject to change at the lender’s discretion.

Shubham Housing Finance Home Loan Balance EMI Calculator

When you transfer your outstanding home loan balance to Shubham Housing Finance, you will now have to make payments to the new lender. The new EMI amount is calculated based on the principal amount, loan tenure, and interest rate.

Hence, lower interest rates will result in lower EMIs. Before applying for a home loan transfer, you can use the Shubham Housing Finance home loan balance transfer EMI calculator to compare and analyse different EMIs offered by various lenders.

This helps you make an informed decision and plan your finances better. All you have to do is enter your existing loan details to compute EMIs you need to pay monthly.

Shubham Housing Home Loan Balance Transfer Features and Benefits

Simplified Procedure

You can have a hassle-free experience of loan balance transfer with minimal documentation. It is easy to transfer your home loan balance online by applying on Bajaj Markets.

Attractive Interest Rates

The Shubham Housing home loan balance transfer interest rates are competitive, starting from 10.90% per annum.

Flexible Repayment Options

The maximum tenure can be extended up to 25 years or 300 months. The longer the tenure, the lower the EMI. But it is advisable to take a loan for the shortest tenure since the interest outgo in a long-term loan is too high.

Lower EMI

You can pay lower EMIs for your existing home loan using the Shubham Housing Finance home loan balance transfer facility since it provides extended tenures at lower interest rates.

Zero Foreclosure Charges

Shubham Finance offers zero foreclosure charges on your existing home loan if you transfer it. You can close your loan anytime without paying any foreclosure charges.

Eligibility Criteria

Eligibility for a Shubham Housing Home Loan Balance Transfer depends on various factors, including your current age, fixed monthly obligation, monthly income, retirement age, etc.

Here are some essential Shubham Housing Finance Home Loan Balance Transfer eligibility parameters you must meet to avail a loan approval:

You must be above 21 years during the application process and below 70 years at the time of loan maturity
You must have a bank account
These individuals are co-applicants to the loan:

All the owners of the property being financed
All individuals whose income is considered for the loan

You need to reside in a city where the Shubham Housing Finance office is located.

Documents Required for Shubham Housing Finance Home Loan Balance Transfer

Here are the Shubham Housing Finance Home Loan Transfer documents required when applying for a balance transfer option.

Salaried Individuals	Self-Employed Individuals
Application form with all required details filled in.	Application form with all required details filled in.
Identity proof such as PAN card/Voter ID/Aadhaar card/Passport	Identity proof such as PAN card/Voter ID/Aadhaar card/Passport
Address proof such as ration card/electricity bill/utility bill/latest salary slip, if available	Address proof such as ration card/electricity bill/utility bill
Income proof such as the latest salary slip/bank passbook/bank account statement/Income Tax returns	Income proof such as bank passbook/bank statements/Income Tax returns
Copies of the property papers	Copies of the property papers

How to Apply for a Shubham Housing Finance Home Loan Balance Transfer

Click on “APPLY NOW” and enter your personal details to check for an offer for a home loan balance transfer.
Select Shubham Housing Finance Limited as your lending partner.
Estimate the maximum amount of loan you can avail from Shubham Housing Finance via Bajaj Markets.
Enter the outstanding amount of the loan and fill in the details of the property for which you are taking the loan.
Find out your loan details, such as the charges and the net amount to be disbursed. After this, a loan expert will contact you and help you process your application further.

Firstly, you must visit the concerned bank’s website. Then, you must check all the terms and conditions along with the Shubham Housing Finance loan balance transfer interest rate and processing fee.

If you are satisfied with the details, you can apply for a transfer. Post that, fill in details such as your name, property type, tenure of the existing loan and the bank’s name, among others, in the required fields.

Then, review your loan offer upon completion. You must then pay all the necessary fees and upload your documents to complete your application.

As Shubham Housing Finance offers competitive interest rates with flexible repayment options, applying for a loan balance transfer is worth it. Alternatively, you can check out various lenders on Bajaj Markets and select a lender offering favourable terms.

The minimum amount that can be availed as Home Loan Balance Transfer from Shubham Housing Finance is ₹2 Lakhs.

You must submit original documents for home loan balance transfer from Shubham Housing Finance. These documents include your identity proof, address proof, bank statement, income tax returns, and copies of your property papers.

Shubham Housing Finance home loan balance transfer interest rates are fixed, starting from 10.90% per annum. However, depending on the profile, this rate varies from person to person.

Balance Transfer Interest Rates are offered as fixed rates.