✓ Loan Against Property Balance Transfer Facility ✓ Multiple Lending Partners ✓ Attractive Interest Rates

Are you unhappy with your current lender and looking for a home mortgage balance transfer on your existing LAP? In this kind of circumstance, Shubham Housing Development Finance Company Ltd is the reliable alternative that can assist you with your LAP  transfer procedure.

 

Shubham Housing Finance is a pioneer and trusted organisation that provides housing credit to persons with low-income sources. They give personalised financing sources to every borrower and follow a minimal documentation policy.  

 

You can have a look at Shubham Housing Finance Loan against property balance transfer details to understand its benefits, features, and other important aspects on Bajaj MARKETS.

Shubham Housing Finance LAP Balance Transfer Details 

Below is the table containing Shubham Housing Finance LAP balance transfer details.

 

Interest Rate

15% -19%

Processing Fee

  • Up to Rs. 3 Lakhs: Rs. 9500+GST

  • Between Rs. 3 Lakhs - Rs. 6 Lakhs: Rs. 13500+GST

  • Between Rs. 6 Lakhs - Rs. 10 Lakhs: Rs. 18000+GST

  • Between Rs. 10 Lakhs - Rs. 12 Lakhs: Rs. 27000+GST

  • Above Rs. 12 Lakhs – Rs. 27000+3% of the loan amount over+GST

Foreclosure Charges

Zero

Repayment Tenure

Up to 180 months

 

Disclaimer: Interest rate and other charges are subject to change as per the financial institution’s policies

Shubham Housing Finance LAP Balance Transfer Features & Benefits

Here are the key features and benefits.

 

  • Nominal Interest Rate: With Shubham Housing Finance LAP balance transfer, you can conveniently transfer your housing loan balance at attractive loan against property balance transfer interest rates varying from 15% to 19%.

  • Flexible Repayment Tenure: You will have the option of repaying your loan over a period of up to 180 months. As a consequence, your monthly budget calendar will be unaffected because you may choose the lengthier tenure.

  • No Extra Documentation: The whole procedure is simple to follow since you are not required to provide any additional documents to complete the process of transferring your loan amount.

  • Nil Foreclosure Charges: If you want to prepay and foreclose your loan, you may do so without incurring any further fees because Shubham Financing has no foreclosing fees.

  • Digital Application Process: You are not obligated to visit the branch in person and apply for the same. You can conveniently apply for Shubham Housing Finance Loan against property balance transfer without leaving your comfort zone. It will also save your time. 

Shubham Housing Finance LAP Balance Transfer Eligibility

Following are the eligibility criteria that you must fulfil in order to use the service.

 

  • You must be a salaried or self-employed person.

  • During the application procedure, you must be over 21 years as well as under 70 years when the loan matures.

  • You must have a bank account.

  • Any owners of the financed property, as well as all persons whose income has been evaluated for the loan, must be co-applicants.

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

You may also use the loan against property balance transfer eligibility calculator to get an accurate result.

Documents Required for Shubham Housing Finance LAP Balance Transfer

Here is the list of documents required that an applicant must have to avoid rejection.

 

Salaried Person

Self-employed Person

Application form

Application form

Identity proof (Aadhaar card, Voter Id card, Driving licence, Passport)

Identity proof (Aadhaar card, Voter Id card, Driving licence, Passport)

PAN card

PAN card

Address proof (Aadhaar card, Passport, Voter Id card, Utility bills, Ration card)

Address proof (Aadhaar card, Passport, Voter Id card, Utility bills, Ration card)

Bank passbook

Bank passbook

Bank statement

Bank statement

Recent salary slip (if available)

Income proof

ITR (if available)

ITR (if available)

Copies of property papers

Copies of property papers

Passport size photographs

Passport size photographs

Shubham Housing Finance LAP Balance Transfer EMI

Shubham Housing Finance LAP balance transfer gives the facility to repay the loan amount in up to 180 months. You may also design your EMI plan as per your convenience since the financial institution provides a customised EMI facility to every borrower. Additionally, you can also use the loan against property balance transfer EMI calculator available on their website to determine the precise amount that you will be required to pay monthly.

How to Apply for Shubham Housing Finance LAP Balance Transfer Online?

Here are the steps to follow:

 

  • Step 1: Visit the Website and Check Your Eligibility - Browse the Bajaj MARKETS official website or download the app and check your LAP eligibility by providing your personal and professional details.

  • Step 2: Choose Your Lending Partner - Next, for further process, you are required to select Shubham Housing Finance Ltd as your lending partner.

  • Step 3: Examine Your Borrowing Capability - Calculate the maximum loan amount available from Shubham Housing Finance Ltd through Bajaj MARKETS.

  • Step 4: Enter the Required Loan Amount and Provide Property Details - Specify the loan amount you need and provide the property information for which you are obtaining the loan and submit it.

  • Step 5: Discover the Other Details - Determine the relevant interest rate of your loan, as well as other charges and the net amount to be disbursed.

  • Step 6: Call from a Loan Expert - Following that, a loan specialist will contact you to assist you with the rest of the application procedure.

Why Choose Bajaj MARKETS for Shubham Housing Finance LAP Balance Transfer

You may also choose the Bajaj MARKETS platform for the same in order to get additional advantages and have a smooth experience.

 

  • Hassle-free Process: The whole process is easy and straightforward since they have simple eligibility criteria and minimal documentation process.

  • Quick Approval and Disbursal: You will get the approval within  48 hours after applying. Once your request is approved, you will be able to transfer your housing finance.

  • Flexible Repayment Tenure: Since the site provides a repayment tenure of up to 15 years, you can pick a payback period that fits you.

  • Zero Prepayment/Foreclosing Charges: You are not obligated to pay any extra cost in order to foreclose the loan. 

Shubham Housing Finance LAP Balance Transfer Customer Care

Below are the contact details:

Phone

1800 258 2225

WhatsApp

8076241122

Email Id

customercare@shubham.co

Postal address

Shubham House, 425, Udyog Vihar Phase-IV,

Gurgaon, Haryana - 122015

Facebook

https://www.facebook.com/ShubhamHousingFin/

Twitter

https://twitter.com/SHDFC_HomeLoans

LinkedIn

https://www.linkedin.com/company/shubham-housing-development-finance-company/

Frequently Asked Questions

  • ✔️Who can apply for Shubham Housing Finance LAP Balance Transfer?

    Any salaried individual or self-employed person can apply for the same. However, you must fulfil the below-listed terms.

    ●  During the application procedure, you must be over 21 years as well as under 70 years when the loan matures.

    ●  You must have a bank account.

    ●  Any owners of the financed property, as well as all persons whose income has been evaluated for the loan, must be co-applicants.

    ●      You must live in one of the cities where Shubham Housing Development Finance has an office.

  • ✔️How many times can I avail LAP Balance Transfer from Shubham Housing Finance?

    You may contact the institution and enquire about the same.