Shubham Housing Development Home Loan
Primary Lending Institution:Shubham Housing Development Finance Co.
Up to ₹30 Lakh home loan at 9.75% – 12.50% with Up to 20 years tenure.
This loan requires the property to be in an approved society/project or verified municipal layout — disputed rural land strictly ineligible.
What is Shubham Housing Development Home Loan?
Dedicated affordable housing lender specializing in customized credit evaluation for informal income earners.
Key Benefits & Features
Accepts non-traditional income proof; customized repayment schedules; branch outreach in Tier 2/3 clusters.
Property & Project Eligibility Requirements
Constructed home or apartment in recognized urban periphery.
Borrower Eligibility Criteria
Micro-business owners, drivers, artisans, and informal workers.
How to Apply (3 Verified Paths)
Apply online through net banking portal or visit lending branch with loan inquiry.
Apply online at https://www.shubham.co/home-loan with digital KYC and property details.
Visit nearest branch of the institution with income proofs and sale agreement.
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 Shubham Housing Development Home Loan?
The maximum repayment tenure offered for Shubham Housing Development 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 Shubham Housing Development Home Loan?
The processing fee is 2.00% + GST. As per RBI guidelines, zero prepayment penalties apply to all individual floating-rate home loans.
What documents are required to apply for Shubham Housing Development 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 Shubham Housing Development Home Loan require property approval in a formal layout?
This loan requires the property to be in an approved society/project or verified municipal layout — disputed rural land strictly ineligible.