How to choose the right housing loan for yourself?

Having a house is an aspiration for most working-class people in India. In the metropolitan and cosmopolitan cities, most people need to take loans from banks or housing finance companies that offer loans for housing. But such lenders don't merely provide loans for several other purposes.

Here is a look at the different housing loans you can take from Shubham Housing Development Finance Company.

Home loan:

The most popular and well-known category of loans is a home loan. One can take this type of loan to purchase either a new or second-hand home. At Shubham Housing Finance, we provide you loans based on your income.

Home Improvement loan:

It is a secured loan taken to undertake any renovations of your self-occupied property such as restructure, renovate, upgrade or rebuild your house. An individual can avail this loan depends on the cost of the renovation and your capacity to repay.

Loan Against Property:

A Loan Against Property is a convenient way to fund your business or meet your personal needs by using your property as collateral to get a loan. It is a credit availed by keeping your property as a mortgage with the lender. These loans usually have lower EMIs, easy to obtain, and have lower interest rates.

Shubh Yodha Home Loan:

This loan is dedicated to the frontline warriors who are battling against COVID 19 pandemic. With Shubham Shubh Yodha home loan, the frontline workers can look forward to a better home, with minimal documentation and affordable interest rate.

Shubh Vyapaari Loan:

Shubh Vyapaari Loan is dedicated to the small business owners to support their growing business needs and expansion of the current business. Shubham brings you a tailor-made loan product to suit all financing needs of a small business. This loan is given after taking the market value of the property and your income into consideration.

Depending upon your need, we provide you with the loans to help you fulfil your long-cherished wish of owning your own house. To know more about our loans, visit us at Shubham