Shriram Housing Finance
Home Loan

Here are highlights of Shriram Housing Finance Home Loan:

Following are the features of Shriram Housing Finance Home Loan:

• Loan amount: Up to 90% of the property, max up to Rs 10 crore.    
  Applicable for both salaried as well as self employed borrowers.
• Shriram Housing Finance Home Loan Interest Rates start from 9.50% per annum
• Repayment tenure: Up to 25 years
• Shriram Housing Finance Home Loan Processing Fees is flat Rs 5000 or up to 0.50% of the loan amount, whichever is higher.
• Lowest EMI possible: Rs. 803 per lakh
• Diversified portfolio of loans available. You can borrow for purchasing a ready to move house, flat, or property under construction, or to buy second-hand home or apartment or to fund construction of a residential plot. Loan for home improvement is also available. 

• Competitive floating interest rates across product range. 
• Easy to meet eligibility criteria, eg. Income proof is not required for self-employed & special schemes for salaried individuals in informal sector.* 
• No penalties on pre-closure of loans or part-prepayment of loans for individual borrowers. 
• Simple options for the takeover of existing loans from another lenders. 
• Top up available for personal requirements such as higher education, marriage, medical emergencies and more. 
• Affordable EMI options as per customer’s budget. 
• Extended tenure up to 70 years for salaried employees, subject to proof for post retirement income. 
• Easy documentation 
• Generous protection under third party insurance for property and mortality risk. 
• Pan India presence with branches in 17 Indian States and 1 Union Territory. 
• Dedicated relationship manager 
• Standard tax benefits as per IT Act.

Shriram Housing Finance Home Loans start from 9.50% p.a across the product range.

Check for 50 lakh home loan EMI and apply easily on MyMoneyMantra.

Primarily factors such as income, employment status, and tenure determine the home loan eligibility. To get approved for Shriram Housing Finance Home Loan, fulfil the following:

• You must be a resident of India. 
• The age should be between 21 to 70 years. 
• You should have a stable source of income. Both self-employed & salaried individuals can apply. 
• Your eligibility for the loan is dependent on repayment capacity and the value of the property. 
• You can apply individually or jointly. It is not mandatory for the co-applicant to be a co-owner of the property. 
• You must have a good credit score to avail loan at lowest interest rate.
• SHFL offers loans to a variety of individuals & non-individuals.

You must keep following documents handy before applying for Shriram Housing Finance Home Loan:

• A duly filled and signed home loan application form
• KYC documents:
  • Age proof
  • Residence proof
  • Signature proof
  • Identity proof
• Income documents:
  • For salaried individuals: Salary Slips, bank statements, and Form 16
  • For self-employed individuals: ITR with financial statements, and bank statements

• Property documents

The fees mentioned above are exclusive of any government charges, cess, levies, etc. They are subject to change as per the discretion of Shriram Housing Finance Limited.

Shriram Housing Finance offers a range of different housing loan products to help you buy, construct, renovate, and extend properties. These loans are flexible and tailor made to suit your repayment abilities. The types of Home loans offered by Shriram Housing Finance include:

Purchase of Property

Plot Purchase Plus Construction

Self-Construction

House Extension

Balance Transfer with or without Additional Finance

Renovation/ Repair

Use MyMoneyMantra EMI Calculator to know your exact Equated Monthly Instalment (EMI). All you have to do is enter the loan amount that you are applying for, preferred tenure, and interest rate applicable. The Shriram Housing Finance EMI Calculator provides you with the exact amount based on the rate of interest applicable.

For any grievance redressal all complaints are received by the corporate office and are resolved with a consultation at the concerned branch.

Shriram Housing Finance Customer Care

Complaints and grievances can be submitted via

Customer Care - 1800-102-4345

Email - contact@shriramhousing.in

Registered Office Address:

No.123

Angappa Naicken Street

Chennai - 600001

Head Office Address:

Shriram Housing Finance Limited,

Ground Floor, Wockhardt Towers,

East Wing Bandra Kurla Complex,

Mumbai - 400051