Skip to main content


Getting a home loan is always a tough work and needs much paperwork for that too. Many people want to have their own home. But due to the money issue, they can’t go for the new home of theirs and for that many get disappoint too. But now there are many banks who all are providing you with home loans at best interest rates. Apart from that, as all the work are getting digital now, so you too can apply online for home loan at your free time efficiently.

What to see before taking loans?
There are many people who all are there looking to "Apply Online For Home Loan". But before going for that, you need to make sure that the bank is offering you the best interest rate for you all.  If you take a look at the home loan offerings, there are almost all banks that offer these options to the customers. Due to that reason, you need to check certain factors before going for the home loan.

Factors to look at
The factors that you need to look before going to the bank for the loan are here.

1. Check the interest rate offered by the bank.
2. Check the maximum loan amount that the bank is offering to you.
3. Check for the other benefits that you may avail while going a loan.
4. Do check the terms and conditions of the bank before taking the loan.

What are the eligibility criteria?
Getting home is now an essential thing for all people. For that reason, you can see that there are many people who all are currently searching for getting loans to get the home of their choice or even built it. But loans can’t be given to all without checking the details. So the bank has got the home loan eligibility criteria for the customers, and here are the criteria that you need to look at before taking the loan.

1. Need to give the photocopy of your ID.
2. Give your address proof.
3. Show your income source.
4. Give a photocopy of your passbook.
5. Give the Xerox of the last few months of your salary.

These are the basic things that you need to provide to the bank so that they can verify and provide you with home loans at a good interest rate.

How to calculate the maximum loan amount you can avail?
Well, nowadays every bank doesn’t give the money that you ask for. Rather  they got a loan calculator that determines your eligibility criteria for getting the loan amount. You, too, can also check that by going for their website. There you will find a section where the loan calculator is there. Click on that and then enter all the details as it asks. Then, at last, it will calculate and will show the maximum amount of loan you can get as per the income and other things. So, when you are going for the loan amount, you need to make sure to check the "Home Loan Eligibility" criteria too.


Popular posts from this blog



In India, being a developing country every year many start-ups are launched and operated successfully. There are really a great number of young people who come up with an excellent business ideas every year. But most of businesses fail and the main reason behind it is the lack of funding. Nowadays, banks and other financial institutions become more stringent in the eligibility criteria to sanction a business loan. And to "Make Your Business Loan Successfulyou need to provide a stack of documents to the lender. Then the lender verifies your documents and takes 30 to 40 days to disburse the loan. So the parallel way of business funding is ShubhBank. Our aim is at funding your dying business but our way of functioning is different from other traditional lenders. We provide easy business loans for small and medium-scale enterprises with progressive vision.
ShubhBank have different process of gauging the loan eligibility than traditional banks and financing companies. Lenders d…


For growing businesses, having additional cash flow can be imperative. Without additional cash flow, you might find yourself being unable to afford payroll and other necessary costs. For that reason many business owners apply for a business loan. There are many specific loan requirements that you’ll need to meet in order to qualify. In this article, ShubhBank detail some "Business Loan Requirements" you  should know about what a lender will expect from a loan applicant.
1. Loan Purpose: Most of the lenders want to know why you availing a business loan and how you plan to spend it. The lender views the usage of loan for expanding a profitable business as an effective way to earn interest income. The approved reasons for applying for business loan includes improving cash flow, purchasing equipment, and financing an expansion project etc.

2. Experience in Business: While reviewing your loan application, lender will consider how much experience you have in business. If you’ve owne…