Shubham Housing Finance
Shubham Housing Finance
Shubham Housing Finance is one of the 1st NBFCs in India that offers customized credit programs to borrowers with informal income. It is a leading housing finance provider in the country that has helped over 65,000 customers buy a dream home with easy EMIs and repayment options. Shubham Housing Development Finance Company offers home loans with interest rates range from 10.45% to 12% per annum, which may vary for salaried and self-employed borrowers. Shubham home loans are processed efficiently and conveniently with minimum documentation at a processing fee of 2% of the loan amount.
Shubham Housing Finance
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Works for Salaried & Self-Employed
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Pan-India Reach
We serve customers in every corner of India, across tier 1, 2, and 3 cities.
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Shubham Housing Finance EMI Calculator
Your Monthly EMI
₹ 77,530
Total Principal
₹ 1,00,00,000
Total Interest
₹ 86,07,174
Total Payable
₹ 1,86,07,174
Shubham Housing Finance Key Highlights
Get the lowest interest rates with Shubham Housing Finance
Loan Amount: Up to 50 Lakh
Rate of Interest: Starts at 10.45% per annum
RPLR: 17.50%
Processing Fee: 3%
Maximum Tenure for Repayment: 30 years
Rate Packages: Fixed/Floater
Charges for Prepayment/Foreclosure: Rs. 500 + GST
Shubham Housing Finance Interest Rates in 2026
Shubham Housing Finance interest rate ranges from 10.45% to 12% per annum and varies depending on the customer's employment type and the home loan scheme. The table below enlists the various Shubham Finance home loan interest rate for fixed and floating rate packages:
| Loan Slab | Interest Rate for Home Loan |
|---|---|
| Home Loan | 9.90% - 16.00% |
| Loan Against Property | 13.9% - 22.00% |
Shubham Home Loan Eligibility Criteria
Shubham Housing Finance offers home loan facilities to customers based on their eligibility criteria, such as the applicant's income and the ability to repay the loan amount. Have a look at the table below to check the Shubham Housing Finance eligibility criteria to receive a loan amount:
For Salaried Individuals
Age Range (in years)
21 – 65 years
Nationality
Applicant should be a resident of a city in which the Shubham Housing Finance Office is located
Minimum Income
As per bank assessment (based on repayment capacity)
For Self-Employed Individuals
Age Range (in years)
21 – 65 years
Nationality
Applicant should be a resident of a city in which the Shubham Housing Finance Office is located
Minimum Income
As per bank assessment (based on repayment capacity)
Shubham Home Loan Processing Fee and Charge
Shubham Housing Finance charges some fees from applicants who want to apply for a home loan. These are called processing fees which are the common charges levied by the lender to process a home loan application. Here are some fees charged for applying for a Shubham Home Loan:
| Processing Fee | Minimum 2.00% |
| Charges of Check Bounce | Rs. 500 + GST |
| Document Retrieval Charges | Rs. 1,000 + GST |
| ECS Dishonor Charges | Rs. 500 + GST |
| Charges for Providing Document List | Rs. 250 + GST |
| EMI Payment Instrument Swapping Charges | Rs. 500 + GST |
| Charges for Photocopies of Title Documents | Rs.500 + GST |
Shubham Housing Finance Schemes and Top Plans
Shubham Housing Finance offers three main types of home loans to its customers, which are listed below:
- Offered to applicants who want to purchase a new or old home or buy a plot to construct a home
- Best option for those who want to get a loan for a house extension
- Loan amount is up to Rs. 50 Lakhs
- Loan repayment tenure is up to 20 years
- Up to 80% - 90% of property value can be granted as a loan
- Easy EMIs, even for the low-income segment
- Especially designed for working women who want to purchase their own home
- Loan repayment tenure is up to 30 years
- Loan amount is up to Rs. 50 Lakhs
- Available for salaried as well as self-employed women
- Special discount is offered on the interest rate if the first applicant is a working woman
- Up to 80% - 90% of property value can be granted as a loan
- Exclusively offered for COVID-19 frontline workers such as doctors, grocery store owners, electricians, plumbers, insurance company employees, and municipal corporation employees
- Loan repayment tenure is up to 20 years
- Loan amount is up to Rs. 20 Lakhs
- Up to 80% of property value can be granted as a loan
- Easy customizable EMIs
* Note: All of the above home loan plans are made available to applicants solely at the discretion of Shubham Housing Finance, taking into consideration the earning and repayment capacity of the applicant.
Documents Required for Shubham Home Loan
Shubham Housing Finance requires some documents from applicants interested in getting a home loan. These documents play a crucial role in the evaluation and approval process, as they provide the lender with essential information about the borrower's financial situation and the property being financed.
| Proof of Income |
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| Other Required Documents |
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| Proof of Income |
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| Other Required Documents |
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| Identity & Address Proof | Voter ID, Driving License, Aadhaar Card, Copy of Passport, PAN Card |
| Documents Related to Property |
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Apply Home Loan Through BASIC Home Loan
Mentioned below is the method to apply for a Shubham Home Loan
Apply Now on the BASIC Website
Proceed to the 'APPLY NOW' section on the BASIC Home Loan website.
Enter Your Details and Submit
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