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OWN YOUR ROOF WITH HOME LOAN




Are you tired of spending lot of your hard earned money on rents and dreaming about the home of your own?  As we know it is the biggest investment of your life and provides us a long term security. It is a badge of honor as it offers you the power of sustainable financial strength. Property value appreciates more often that gives you a sense of accomplishment and you will be more confident to face the other challenges of life. It requires a tremendous financial effort, so to get easy on your pockets and to save yourself from grouchy landlords, “Own Your Roof with Home Loan” from ShubhBank. We offer it in multiple colors and flavors such as construction loan, purchasing old or new property, expansion and improvement loan etc. We just encourage you to get a place of your own by grabbing our offering and benefits. We provide an easy and quick application process possible through your smartphone or laptop with faster processing and quick disbursal. You can get a lower EMI at affordable interest rates with a higher eligibility, both fixed and floating rates are available.

We need to be convinced of your creditworthiness to sanction you a desired amount. For that we check your credit history including income, current assets and debt repayment history. Tenure plays an important role in figuring the EMI, so we will also consider your age and years of work experience. As longer will be tenure, smaller will be the EMI. ShubhBank provides a Secured Home Loan that means your property will serve as a collateral. In case you fail to repay the loan quantum, the bank will claim the ownership of your property. The eligibility factors needed to be fixed to fulfill your goal is that you must be at least 21 years old and the entire amount needs to be repaid before age of 65 years, must have a regular monthly income either self-employed or salaried, good credit score to get financing for up to 85% of total value of your property. The most commonly required documents to process the loan are ID and residence proof, last 6 months bank statement or salary slip, Form 16 or income tax returns and legal property papers.

You need to consider some factors before purchasing a property and borrow as much as you can repay without disturbing your budget. After selecting a property, be assure that the price you are paying is fair or not. Now you are enough aware about what to do before you apply for a loan. If a thought of endless paperwork is stopping you from “Getting a Home Loan”, we are doing away with piles of paper. ShubhBank constantly monitors the lowest interest rates available in the market and end to end support is provided to the customers, from submitting your application smoothly to disbursal of your loan. We also have a dedicated mobile app to keep a track of your application. A good research will definitely help to choose the right property and avail great offers.

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