Shriram Housing Finance Limited (SHFL), a housing finance organisation, has 85 branches spread across the country. In December 2011, its lending operations started. They offer Loan Against Property which are secured loans sanctioned against a house, an owned land, or other commercial property as a collateral.
You can get customised loans against property solutions with SHFL. Apply for the comprehensive Shriram Loan Against Property on Bajaj Markets, without any hassle.
The table mentioned below shows all the details related to Shriram Loan Against Property:
Category |
Values |
Interest Rates |
Starts at 14.75% |
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 180 months (subject to your retirement age) |
In order to be eligible for loan procurement, you need to fulfil the following criteria:
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 at the time of loan maturity.
Your monthly income should be more than Rs 30,000.
If you are a salaried employee, you must have a work experience of 2 years or more during the application process. Also, if you are self-employed, you must have worked in your respective field for at least 3 years at the time of application.
The documents which you are required to submit for the application process are very minimal yet necessary. Here’s a list of the documents you must submit for your loan disbursement:
Shriram Housing Finance Limited customises the EMIs for their Loan Against Property. Having understood the background, income structure, monthly budget, and other factors, they offer a repayment plan that is comfortable as well as pocket-friendly for you.
You can also check your monthly Loan Against Property EMI with the use of the Shriram Housing Finance Limited EMI calculator. All you are required to do is enter the interest rate, the loan amount, your repayment tenure, and click on ‘Submit’. Your monthly EMI amount will now be displayed on your screen.
Enter your personal and income details to get eligibility for transferring your home loan balance instantly.
Select Shriram Housing Finance Limited as your preferred lending institution from the list of given partners.
Estimate the loan amount that you could possibly get.
Enter the necessary property details and your requirements.
Your loan details as well as your net disbursal amount will now be unlocked. Post this, a representative will contact you to help you proceed with 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:
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.
You can avail a loan amount of up to Rs.10 Cr through Shriram Loan Against Property.
The interest rates for Shriram Housing Finance Loan Against Property begin at 14.75%.
You can avail a Shriram Loan Against Property for the maximum period of up to 180 months.