To support, praise and appreciate the frontline workers for their contributions during the global pandemic, Shubham brings to you a new loan scheme known as Shubham Shubh Vyapari loan - a Loan Against Property scheme for the Covid frontline warriors.
Why choose Shubham Shubh Vyapari Loan?
The COVID 19 pandemic has created an unprecedented disruption, especially to the frontline workers. To further support them to grow their business Shubham has brought Shubh Vyapari Loan through which these small owners can now take loan against their property and use it for their business growth and development.
An individual can take Shubh Vyapari loan for the following purposes:
An applicant must meet the following criteria for a Shubh Vyapari Loan:
A self-employed individual will be required to provide the following documents:
Submit these documents to enjoy hassle-free and timely loan approval.
The maximum amount of loan that can be availed by an individual under the Shubh Vyapari Loan is Rs. 10,00,000. Our loan is reasonably convenient to avail and repay in easy EMIs with affordable interest rates along with minimal fees.
Shubham Housing Finance provides Shubh Vyapari Loan to customers at a competitive interest rate starting from 15% - 19%. Considering the distinctive requirements of customers, we offer customizable EMI options.
We encourage our customers to discuss their monthly sources of income and buckets of expenses at length to arrive at a number that they are comfortable serving as EMI's. This EMI amount can be paid through Electronic Clearing Services (ECS) and National Automated Clearing House (NACH).
In these difficult times, owning a home is big step. With Shubh Yodha Home Loan we intend to provide a financial cushion that will help the frontline workers to achieve their goals.
Apply online and our representative will reach out to you or visit our branch nearest to you
Our representative will come to your place of work/home to explain the product and process and collect the necessary documents
We evaluate your documents, have a discussion with you and do the necessary checks. If everything goes well, we sanction your loan
Submit the remaining documents and your loan is disbursed
Jindagi mein apni tarraki ki gati tez kijie, aaj hi Shubham se Home Loan lijie
Some of the features of the Shubh Vyapari Loan are as follows:
Loan for informal incomes as well
Hassle-free loans
Less Documentation
Can avail 50% loan against the property value
Customizable EMI's
Benefits of Shubh Vyapari Loan
Who can apply for Shubh Vyapari Loan
An individual who wants to expand or start their business can apply for it. Some of them are listed below:
It is a loan against property scheme designed to the requirements of those who are on the frontline of the country’s battle against Covid. Borrowers can mortgage residential property to avail funds.
Shubham offers loan up to Rs. 10 lakh, against simple loan eligibility criteria and basic documentation. Once approved, you get the amount disbursed within a few working days.
Self-employed professionals and non-professionals, and salaried profiles too can apply for a Shubh Vyapari loan, after fulfilling the required eligibility criteria.
Yes, it is necessary to provide a collateral or security for availing Shubh Vyapari Loan.
The maximum tenure for Shubh Vyapari loan is 10 years.
We decide the loan limit based on the analysis of your annual income and property value.
