Best Home Improvement Loans in May 2021
We understand that in Shubham, each person wishes to identify himself with the house in which he lives. If you want to repaint the house or change the floor based on your lifestyle, we at Aadhaar Housing look forward to assisting you with our Home Improvement Loan.
Loan amount
You Up to Rs.1,00,00,000/- can avail Shubham Home Improvement Loan but not more than 100% of the estimated cost certified by the Chartered Engineer or 100% of the cost certified by our Technical Officer, whichever is less. It should be subject to a ceiling of 80% of the total market value of the property.
The actual loan amount is determined by Shubham Housing Finance Company after assessing the need and property of the person.
The purpose
You can avail Shubham home improvement loan for the following different purposes:
- Floor or ceiling construction
- Plumbing
- Plastering
- electrical works
- Paintings
- Grill & Sliding Doors & Windows
- Railing wall and boundary wall underground or overhead water tank
- Replacement of doors and windows or immovable properties etc. is permitted only under the above category.
To calculate your nominal home loan eligibility based on your financial background, you can use our Loan qualification calculator for the purpose.
Period
The maximum loan term on your home loan is up to 20 years. This period does not extend beyond the retirement age or, 60 years (70 years in the case of self-employed persons), whichever is earlier.
EMI
The EMI that you will pay to repay the loan depends on the amount of the loan, the applicable interest rates, and the duration for which you have taken a home loan. To calculate the indicative EMI on your home loan, you can use our EMI calculator.
Applicant and Co-Applicant
Applications for Shubham home loans can be made either individually or jointly. The co-applicant may, or may not be a co-owner of the property. But all co-owners of the property should be co-applicants. Co-applicants should be immediate family members such as spouses, parents, or children.
For more information, you can click visit www.shubham.co for a home loan, and provide your details. A Shubham representative will contact you shortly.