Shubham Housing Finance, Highlights 2022
Interest rates	11.90% to 16% p.a.
Loan amount	Up to Rs 50 Lakh
Repayment tenure	Up to 20 years

Table of Contents Interest Rates Compare interest rates offered by other lenders Fees & Charges Types of Shubham Housing Finance Home Loan Eligibility Criteria Documents Required EMI Calculator

Shubham Housing Finance Interest Rates

Shubham Housing Finance offers interest rates starting from 11.90% to 16% p.a.

Compare Home Loan Interest Rate Offered by Various Banks & HFCs

Name of Lender	Up to 30 Lakh	Above 30 Lakh & up to 75 Lakh	Above 75 Lakh
SBI Home Loan	7.55-8.55	7.55-8.45	7.55-8.45
HDFC	7.55-8.75	7.55-9.00	7.55-9.10
Axis Bank	7.60-12.50	7.60-12.50	7.60-8.05
ICICI Bank	7.60-8.20	7.60-8.35	7.60-8.45
Kotak Mahindra Bank	7.50 onwards	7.50 onwards	7.50 onwards
PNB Housing Finance	7.50–16.75	7.50–16.75	7.60–10.70
Punjab National Bank	7.45-8.85	7.40-8.55	7.40-8.50
Bank of Baroda	7.45-8.95	7.45-8.95	7.45-9.20
Union Bank of India	7.40- 9.15	7.40- 9.15	7.40- 9.35
IDFC First Bank	7.50 onwards	7.50 onwards	7.50 onwards
L&T Housing Finance	7.20-8.20	7.20-8.20	7.20-8.20
Bajaj Housing Finance	7.20 onwards	7.20 onwards	7.20 onwards
Godrej Housing Finance	7.49-10.99	7.49-10.99	7.49-10.99
Tata Capital	7.75 onwards	7.75 onwards	7.75 onwards
LIC Housing Finance	7.50-8.60	7.50-8.80	7.50-9.00

Shubham Housing Finance Home Loan Fees and Charges

Administrative & operational cost (at login additional) (to be taken only if the customer has identified the property and wish to pay upfront)	Rs 2,000
Administrative & operational cost (at login)	Rs 3,600 (inclusive of GST)
Administrative & operational cost (at disbursal)	Up to 3 Lakh – Rs. 9500 + GST
	Above 3 Lakh and up to Rs. 6 Lakh – Rs. 13,500 + GST
	Above 6 Lakh and up to Rs. 10 Lakh – Rs. 18,000 + GST
	Above 10 Lakh and up to Rs. 12 Lakh – Rs. 27,000 + GST
	Above 12 Lakh – Rs. 27,000 + 3% of loan amount over and above 12 Lakh + GST
Duplicate statement (per statement)	Rs 250 + GST
EMI Payment Instrument Swapping Charges	Rs 500 + GST
Duplicate interest certificate	Rs 250 + GST
Copy of property documents	Rs 500 + GST
Cheque/ECS/NACH/Bounce charges	Rs 500 + GST (each)
Partial prepayment	NIL
Preclosure charges	NIL
Cersai Charges	Loan up to Rs. 5 Lakh – Rs. 50 + GST
	Loan Above Rs. 5 Lakh – Rs. 100 + GST
Late payment interest	NIL
Foreclosure statement charges	Rs 500 + GST

Also Check:-   Processing fees on home loan applications

Types of Shubham Housing Finance Home Loans

• Shubham Home Loan

Purpose: To purchase a new/old house/flat or a plot to construct a home or construct a home on an already owned plot or extend a home to build extra space or additional floor.

Loan amount: Up to Rs 50 Lakh

Loan tenure: Up to 20 years

• Shubh Yodha Home Loan

Purpose: Special home loan scheme for Covid 19 frontline workers

Loan amount: Up to Rs 20 Lakh

Loan tenure: Up to 20 years

• Shubh Shakti Home Loan

Purpose: To help working women purchase their own home

Loan amount: Up to Rs 50 Lakh

Loan tenure: Up to 30 years

Shubham Housing Finance Home Loan Eligibility Criteria

For Shubham Home Loan

• Customers should be more than 21 years of age but not more than 65 years at the time of loan maturity.
• Borrowers should have a bank account.
• Borrower should be residing in a city where Shubham’s Office is located.
• No guarantor required.
• All the owners of the property being financed and all individuals whose income has been considered for the loan have to be the co-applicants to the loan.

For Shubh Yodha Home Loan

• Customer should be more than 21 years of age but not more than 65 years at the time of loan maturity
• The borrower should have a bank account
• The borrower should be residing in a city where Shubham’s office is located
• Employees working with municipal corporation / government employees, police, insurance companies
• MBBS doctors, Ayurvedic and Homeopathy doctors (with degree)
• Employees working in hospitals, maternity centres, medical laboratories, pharma companies
• Essential Service Providers: Local grocery stores, Atta chakki, Ration stores, Fruits-vegetables shops, chemist and super-markets
• Bank Employees Security guards
• Employees working as Plumber, Electrician in an apartment, group housing societies etc.
• Employees of e-commerce companies

For Shubh Shakti Home Loan

• The woman applicant must be the primary income contributor and the primary applicant to the loan
• The woman applicant must be the sole owner or one of the co-owners of the business
• Customer should be more than 21 years of age but not more than 65 years at the time of loan maturity
• Borrower should have a bank account
• Borrower should be residing in a city where Shubham’s Office is located
• All the owners of the property being financed and all individuals whose income has been considered for the loan have to be the co-applicants to the loan

Shubham Housing Finance Home Loan Documents Required

For Shubham Home Loan

• Application form with all required details filled in.
• Identity proof such as Pan Card, Voters ID Card, Passport.
• Address proof such as electricity bill, ration card.
• Income proof documents, if available.
• Bank pass book or Bank Statements.
• Property documents, if property is identified.

For Shubh Yodha Home Loan

• Application form along with the application fee
• Identity proof such as PAN card, Voter ID, Aadhar Card, Passport
• Address proof such as electricity bill, utility bill, and ration card
• Latest salary slip, if available
• Bank passbook or bank account statement
• Income Tax returns, if available
• Copies of the property papers

For Shubh Shakti Home Loan

For self-employed women:

• Application form with all required details filled in
• Identity proof such as Pan Card, Voters ID Card, Passport, Aadhar card
• Address proof such as electricity bill, ration card
• Income proof documents, if available
• Bank passbook or bank Statements
• Copy of the property papers

For salaried women:

• Application form with all required details filled in and application fee
• Identity proof such as PAN card, Voter ID, Aadhaar Card, Passport
• Address proof such as electricity bill, utility bill, ration card Latest salary slip, if available
• Bank passbook or bank account statement
• Income Tax returns, if available

Copy of the property papers

Shubham Housing Finance EMI Calculator