Make Your Dream Home a Reality with Our Home Loan

To apply for a Home Loan with Shubhdhanam, the following eligibility criteria must be met. The below list outlines the key requirements:

• Age — Applicant must be between 21 to 65 years at the time of loan maturity.
• Employment Status — Must be a salaried individual with a stable job. Minimum 1 year total work experience and at least 6 months with the current employer.
• Income Criteria — Minimum monthly income of ₹15,000. Proof of income such as salary slips, bank statements, or IT returns required.
• Credit Score — CIBIL score of 600 or above is required. Higher credit scores improve approval chances and interest rates.
• Loan Amount — Loan amounts from ₹3 Lakhs to ₹10 Crores, based on eligibility.
• Interest Rate — Competitive rates ranging from 8.50% to 12.00% per annum.
• Loan Tenure — Flexible repayment tenure from 24 to 360 months (2 to 30 years).
• Disbursement Time — Loan disbursal typically occurs within 10 to 45 days after approval.

Below is a summary of the applicable fees and charges associated with our Home Loan services at Shubhdhanam:

• Processing Fee — Commonly up to 1% of the loan amount
• Prepayment / Foreclosure Charges — Floating Rate (Individual borrowers): usually Nil. Fixed Rate: may apply based on agreement
• Late Payment Fee — Around 2% per month on overdue EMI
• EMI Bounce Charges — Typically ₹500 to ₹750 per bounce
• Legal & Technical Charges — Based on actuals (for property verification and valuation)
• Loan Cancellation Charges — Processing fee is often non-refundable
• Document Retrieval / Statement Charges — Nominal fee (₹200–₹500) if applicable