Shriram Housing Finance Home Loan

Shriram Housing Finance is one of India’s leading home loan lenders. They offer home loans for salaried individuals, self-employed professionals/non-professionals and even non-individual entities. They have a comprehensive and holistic approach to home loan eligibility that takes into consideration various factors such as income, employment status, tenure and so on. 

Shriram Housing Finance’s home loan interest rates are extremely competitive, starting at 11.50%. Additionally, you’ll also get a flexible tenure of up to 300 months, allowing you the flexibility to repay your loan the loan amount comfortably without worrying about your finances. The loan application process is easy and seamless and requires minimal documentation. 

You can now apply for a Shriram Housing Finance home loan on Bajaj Markets from the comfort of your home with minimal paperwork and documentation. 

Here are some key points about Shriram Housing Finance home loan. 

Here’s the eligibility criteria for applying for a housing loan with Shriram Housing Finance. 

• The applicant must be a salaried individual, or a self-employed professional/non-professional or non-individual entity.

• The applicant must be over 21 years of age when applying and below 70 years of age at the time of loan maturity.

• The income of the applicant must be over ₹30,000 per month.

• Work experience of minimum 2 years is mandatory for salaried applicants and 3 years in the current field, for self-employed applicants.

• Regular Home Loan

This is a regular home loan scheme that’s available to all eligible salaried and self-employed individuals who require financial support to purchase a house.

• Residential Plot Loan

This scheme is available to eligible salaried and self-employed individuals who are looking for funds to purchase a plot and construct a house.

• Home Improvement Loan

This scheme is available to customers looking for funds to renovate or redesign their existing home. This scheme is available to both new and existing customers.

• Home Extension Loan

This scheme is suitable for customers who wish to expand their homes. The scheme is available to both new and existing customers.

• Balance Transfer

This scheme is available to new customers who wish to move their home loan account from a different HFC to Shriram Housing Finance. Additional Top-Up Loan is also available under this scheme.

• Top-Up Loan

This scheme is available to existing home loan customers looking for funds to meet additional personal or business expenses.

• Pradhan Mantri Awas Yojana (PMAY)

The Pradhan Mantri Awas Yojana (PMAY) is a government scheme introduced to provide housing to all underprivileged urban and rural people across India. Under this scheme, the government offers interest subsidies of up to ₹2.67 Lakhs on home loans for buying, constructing, extending or renovating homes. Shriram Housing Finance extends affordable housing benefits of Pradhan Mantri Awas Yojana Credit Linked Subsidy Scheme (PMAY CLSS) to all the eligible customers for this scheme.

You can contact the SHFL team through the following ways in case of any queries:

1) Visit Office: You can visit their registered or head office at the below mentioned address:

• Registered Office: No.123, Angappa Naicken Street, Chennai - 600001.

• Head Office: Shriram Housing Finance Limited, Level 3, Wockhardt Towers, East Wing, Bandra Kurla Complex, Mumbai - 400051. 

2) Send an Email: You can write to them at contact@shriramhousing.in.

3) Give a Call: You can call on their toll free number 1800 102 4345.