Shriram Housing Finance Limited (SHFL) is a part of the 40 years old Shriram Group. It is a housing finance organisation which started its business in December 2011. Its headquarters is situated in Mumbai with 85 branches spread across the country and 800 employees.
They offer the facility of Loan Against Property Balance Transfer. You can transfer your outstanding balance of your home loan from other financiers to SHFL at lower interest rates and reap the benefits of flexible repayment tenures.
With SHFL, you also get customised loans against property balance transfer solutions. You can apply for Shriram Loan Against Property Balance Transfer on Bajaj Markets, with no stress of visiting any offline financial institution.
The table mentioned below shows all the details related to Shriram Loan Against Property Balance Transfer:
Category |
Values |
Interest Rates |
Starts at 12.50% |
Processing Fees |
Up to 2.5% of the loan amount in addition to the applicable taxes |
Foreclosure Charges |
No foreclosure charges for individual borrowers |
Repayment Tenure |
Up to 300 months (subject to your retirement age) |
In order to be eligible for loan against property balance transfer, you need to fulfil the following criteria:
As a salaried employee, you must have a work experience of 2 years or more during the application process. Whereas, if you are a self-employed individual, you must have worked in their respective field for at least 3 years at the time of application.
Your monthly income should be more than Rs 30,000.
During the process of application, you must be more than 25 years of age. It is also to be noted that you must be below 70 years of age during the loan maturity.
Here are the simple steps to apply for Shriram Housing Finance Loan Against Property Balance Transfer Online on Bajaj Markets.
Enter your personal and income details to get eligibility for home loan balance transfer instantly
Select Shriram Housing Finance Limited from the list of given partners to choose your lender
Estimate your borrowing power.
Enter your requirements and other necessary property details.
Unlock your loan details as well as your net disbursal amount, followed by which, an expert will contact you to help you proceed your application process.
You can easily contact the SHFL team in case you wish to address your concerns or queries. Here are a few ways you can follow:
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.
Send an Email: You can write to them at contact@shriramhousing.in.
Give a Call: You can call on their toll free number 1800 102 4345.
Shriram Housing Finance Limited allows you to transfer your Loan Against Property at interest rates starting as low as 12.50%.
No, you do not have to submit additional documents for Shriram Housing Finance Loan Against Property Balance Transfer.