Housing Finance Company (HFC)Standard Home PurchaseVerified: 2026-09-29

India Shelter Finance Home Loan

Primary Lending Institution:India Shelter Finance Corporation Ltd.

Up to ₹35 Lakh home loan at 9.50% – 12.25% with Up to 20 years tenure.

Interest Rate9.50% – 12.25%Floating linked to RLLR / EBLR

Loan Amount QuantumUp to ₹35 LakhSubject to LTV & income

Maximum TenureUp to 20 yearsOr up to age 70 years

Processing Fees1.50% + GST

What's Missing: Crucial Fine-Print & Exclusion Gaps

This loan requires the property to be in an approved society/project — self-constructed rural properties often ineligible.

Note: Eligo publishes these exclusions directly from RBI Master Directions and bank MITC charters to prevent unexpected rejections or non-refundable fee losses.

What is India Shelter Finance Home Loan?

Technology-driven affordable housing company focusing on women empowerment and self-employed micro-borrowers.

Key Benefits & Features

Women co-ownership focus; fast doorstep evaluation; accessible branch network; simplified KYC.

Property & Project Eligibility Requirements

Dwelling unit in urban and peri-urban residential belts.

Borrower Eligibility Criteria

Salaried or self-employed low-to-middle income households.

Age Requirement21 to 65 Years

Min. Monthly Income₹12,000

Min. CIBIL Score650+

Prepayment PenaltyNIL on Floating

How to Apply (3 Verified Paths)

📱Path 1: Existing Customers

Apply online through net banking portal or visit lending branch with loan inquiry.

🌐Path 2: Fresh Online Portal

Apply online at https://www.indiashelter.in/home-loan with digital KYC and property details.

🏢Path 3: Branch / RACPC Walk-In

Visit nearest branch of the institution with income proofs and sale agreement.

Eligo does not collect loan applications or borrower information. Apply exclusively on the verified official domain:

Visit Official Portal↗

Documents Required Checklist

Aadhaar Card, PAN Card, Last 3 months salary slips or 2 years ITR-V, 6 months bank account statement, Title deed, Approved building plan and municipal tax receipts.

Frequently Asked Questions

What is the maximum loan tenure available for India Shelter Finance Home Loan?

The maximum repayment tenure offered for India Shelter Finance Home Loan is Up to 20 years, subject to borrower's age not exceeding 65 years at loan maturity.

What are the processing charges and prepayment rules for India Shelter Finance Home Loan?

The processing fee is 1.50% + GST. As per RBI guidelines, zero prepayment penalties apply to all individual floating-rate home loans.

What documents are required to apply for India Shelter Finance Home Loan?

Applicants must provide KYC (Aadhaar, PAN), 3 months salary slips or 2 years ITR with computation, 6 months bank statements, and clear property title documents with municipal sanctions.

Why does India Shelter Finance Home Loan require property approval in a formal layout?

This loan requires the property to be in an approved society/project — self-constructed rural properties often ineligible.