An Easy Loan Scheme for Self-Employed Women or Women Business Owners
As India’s economy grows, the surge in opportunities have also brought about an increase in women’s participation to the workforce.
MSMEs led by women entrepreneurs have risen from 2.15 lakhs to 1.23 crore in the last 10 years. As the number of entrepreneurs rise, so will their requirement to funds, to scale and grow their businesses. Ensuring availability of funds, to help women-led businesses grow, will be of paramount importance to India.
With a view to help these aspiring women entrepreneurs scale their business, Shubham introduced Shubham Shubh Udyogini – an easy Loan Against Property and Home Loan for Women entrepreneurs or self-employed women
The eligibility for loan against property is determined based on the value of the property provided as collateral and the customer’s financial capability to repay the loan in the required time.
Given below are some of the criteria that an individual must follow when applying for a Shubh Udyogini Loan
The maximum amount of loan provided under Shubham’s Shubh Udyogini Loan Against Property is Rs. 15,00,000.
The maximum repayment tenure for Shubham Shubh Udyogini loan against property offered by Shubham is 15 years, i.e. 180 months.
Shubham Housing Finance provides Shubham Shubh Udyogini loan against property to customers at a competitive interest rate starting from 15% to 19% with 0.25% special waiver on Shubh Udyogini loans. Administrative and operational costs are only up to 3%.
EMI is calculated basis the loan amount, desired tenure, interest rate and other factors. The EMI amount can be increased if the customer wants to reduce the loan tenure.
The EMI amount can be paid through Electronic Clearing Services (ECS) and National Automated Clearing House (NACH). Shubham provides you the facility of making your EMI payments via all available modes like Netbanking, UPI and Debit Cards.
If you are a working woman with a dream of owning your home, connect with Shubham Loan Officers today via our Toll Free number 1800-258-2225 or through your local Shubham branch to get started on making your own home a reality.
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