Shubham Housing Finance Loan Against Property

Apply For Shubham Housing Finance Loan Against Property

✓ Loan Against Property from ₹2 Lakhs to ₹15 Cr ✓ Multiple Lending Partners ✓ Interest Rates Starting @ 8.75%

Shubham Housing Finance has been in the business of making dreams come true for several years now. The company, which is one of the leading providers of housing finance solutions in the country, has around 100 branches spread across 9 states. Its product suite includes home loans, emergency credit lines and loans against property (LAP).

 

Wondering what an LAP is? Well, if you are in need of urgent funds for your business requirements or your personal needs, and if you have a house property in your name, a Shubham Housing Finance loan against property can help you meet your emergency cash requirements easily.

 

The Shubham Housing Finance LAP is a secured loan where your residential property is offered as collateral. You can use this kind of financing to avail a loan in a quick and hassle-free manner. You can check out everything you need to know about the Shubham loan against property on Bajaj MARKETS.

Shubham Loan Against Property Details

Before you avail a loan against property from Shubham Housing Finance, you need to be aware of many essential details such as the interest rates, processing fees, limits on the loan amount you can borrow, and the tenure of repayment, among other things. Here are all these details.

Category

Values

Rate of interest

15% to 19%

Processing charges

  • Rs. 9,500 + GST for loan amounts up to Rs. 3 lakh

  • Rs. 13,500 + GST for loan amounts between Rs. 3 Lakhs and Rs. 6 Lakhs

  • Rs. 18,000 + GST for loan amounts between Rs. 6 Lakhs and Rs. 10 Lakhs

  • Rs. 27,000 + GST for loan amounts between Rs. 10 Lakhs and Rs. 12 Lakhs

  • Rs. 27,000 + 3% of the loan amount exceeding Rs. 12 Lakhs + GST for loan amounts above Rs. 12 Lakhs

Foreclosure charges

Nil

Repayment tenure

Up to 180 months

Shubham Loan Against Property Interest Rate 2022

The interest rates on the loan against property availed from Shubham Housing Finance start at just 15% per annum and can go up to 19% per annum. So, you can meet your emergency cash requirements and take care of your personal needs or your business requirements without the burden of high interest rates.

Shubham Loan Against Property Features and Benefits

The Shubham Housing Finance LAP has many beneficial features that you need to be aware of before you avail this loan. Check out the top features and benefits of this loan against property.

 

  • High Loan Amounts: With the Shubham loan against property, you can borrow as much as Rs. 15 Lakhs by pledging your residential house property as collateral.

  • Reasonable Interest Rates: The interest rates on loan against property from Shubham Housing Finance are also reasonable, ranging from 15% to 19%.

  • Flexible Repayment Tenure: You can choose a repayment tenure going up to 180 months or 15 years, based on what’s convenient for you.

  • Zero Foreclosure Charges: If you want to settle your liabilities before the tenure, you can foreclose your Shubham loan against property without paying any foreclosure charges.

  • Easy Eligibility Criteria: The Shubham Housing Finance loan against property is available for both salaried and self-employed people, with relaxed LAP eligibility criteria, making it accessible for people from all walks of life.

Shubham Loan Against Property Eligibility

If you are considering availing a Shubham loan against property, you need to first check if you are eligible for the loan. Here are the eligibility criteria set by Shubham Housing Finance.

 

  • The applicant should be aged above 21 years.

  • The applicant should not be above 70 years of age at the time of loan maturity.

  • The applicant should have a bank account.

  • The applicant should be residing in a city that has a branch office of Shubham Housing Development Finance.

  • All the owners of the property being offered as collateral, and all the individuals whose income has been considered for the loan should be co-applicants to the loan.

Documents Required for Shubham Loan Against Property

Before you apply for a loan against property from Shubham Housing Finance, you need to ensure that you have all the required paperwork in order. This makes the application and approval process much easier and quicker.

 

Check out the documents needed for salaried and self-employed applicants.

Salaried Applicants:

  • Application form with all required details duly filled in

  • Proof of identity (such as PAN card, voter ID, Aadhaar card or passport)

  • Proof of address (such as electricity bill, utility bill, ration card or latest salary slip)

  • Bank passbook or bank account statement

  • Income Tax Returns, if available

  • Copies of the property papers

Self-employed Applicants:

  • Application form with all required details duly filled in

  • Proof of identity (such as PAN card, voter ID, Aadhaar card or passport)

  • Proof of address (such as electricity bill, utility bill or ration carD)

  • Income proof documents, if available

  • Bank passbook or bank statements

  • Copies of the property papers

 Check detailed list of documents required for Loan Against Property

Shubham Loan Against Property EMI

Once you have availed a Shubham Housing Finance LAP, you can repay your loan in easy EMIs. The LAP EMI depends on the amount of loan you have borrowed, the rate of interest, and the tenure of repayment that you have chosen.

To make your repayments more financially convenient for you, you can make use of the EMI calculator available online and check how the monthly EMI varies for different loan amounts and repayment tenures. You can customise your loan against property accordingly, so the EMIs are within your budget.

How to Apply for Shubham Loan Against Property Online

Applying for a Shubham loan against property online is easy. Here is what you need to do.

 

  •  Step 1: Fill in your Personal Details: Visit the Bajaj MARKETS website or app and enter your personal and professional details to check your eligibility for the LAP right away. 

  • Step 2: Select your Lending Partner: Select Shubham Housing Finance Limited as your lending partner. 

  • Step 3: Check your Borrowing Power: Estimate the maximum amount of loan that you can avail from Shubham Housing Finance via Bajaj MARKETS.

  • Step 4: Enter your Requirement and the Details of the Property: Enter the amount of loan that you would like to avail and fill in the details of the property for which you are taking the loan.

  • Step 5: Unlock the Final Details: Find out the details of your loan, such as the charges and the net amount to be disbursed. After this, a loan expert will get in touch with you and help you process your application further.

Why Choose Bajaj MARKETS for Shubham Housing Finance LAP

There are many reasons to choose Bajaj MARKETS as your preferred platform to apply for a Shubham Housing Finance LAP. Here are the benefits:

 

  • Minimal Documentation: You can get the best housing finance and loans against property on Bajaj MARKETS, without any cumbersome paperwork.

  • Customised Loans: Thanks to the custom-made loans on Bajaj MARKETS, you can choose a loan amount and a repayment tenure that you are comfortable with.

  • Easy Online Application: You can apply for a loan against property via Bajaj MARKETS online, right from the comfort of your home. The entire process is hassle-free and smooth.

  • Transparency and Trust: You need not worry about any hidden charges or questionable policies. You get 100% transparency on Bajaj MARKETS, which is why customers across the country trust us.

Shubham Loan Against Property Customer Care

If you need any assistance from Shubham Housing Finance regarding their loan against property, you can use the details given below to reach out to the customer care team.

Toll-free number

1800-258-2225

WhatsApp number

8076241122

Email address

customercare@shubham.co

Postal address

Shubham House, 425, Udyog Vihar Phase-IV, Gurgaon, Haryana - 122015

Frequently Asked Questions

  • ✔️Who can apply for a Loan Against Property from Shubham?

    Any salaried or self-employed individual who is aged 21 years or above can apply for a Shubham loan against property. They should be residing in a city that has a branch office of Shubham Housing Development Finance.

  • ✔️How can I avail a loan against property from Shubham?

    You can avail a loan against property from Shubham Housing Finance via the Bajaj MARKETS website or app.

  • ✔️What are my repayment options?

    The EMIs for the loan against property can be paid through Electronic Clearing Services (ECS) or National Automated Clearing House (NACH).