India Shelter Finance Home Loan – Interest Rates, EMI Calculator
India Shelter Finance Loan against property Interest Rates 2024: Find Quotes on EMI, Documents, Eligibility, Loan Amount in Madhya Pradesh, Gujarat, Rajasthan, Maharashtra and Orissa at Deal4loans.
| Loan Amount | Upto Rs. 50 Lakhs |
| Tenure | 20 Years |
| Processing Fees | 2%-3% (including GST) |
| Interest Rates | 11.99 – 18.00 % |
| Prepayment Charges | 4.50% |
| Age | 23 to 58 or Retirement Age (whichever is lower – Tenure of Loan) |
Eligibility Criteria
Below is the list of who all can apply for the home scheme of India Shelter Finance Corporation Ltd:
- Salaried individuals
- Pensioners
- Professionals
- Self-employed
- Family members and co-owners of the property
Documents Checklist for home Loan Application
The documents that a person has to have to take LAP are:
- Application form with photograph duly signed by all applicants
- Identity proof – Voter ID, PAN, Driving License, Bank Passbook, etc.
- Age proof – Voter Id, PAN, Driving Licence, Passport, Birth certificate, pass certificate of 10th or 12th
- Property documents
- Colored passport size photograph
Additional documents that you need to submit at the time of loan are:
- Last 3 months salary slips
- Income Tax Returns of the last 2 years or Business Records
- LIC Policy
- Fixed Deposit or Recurring Deposit
- Details of any other loan account that you are replaying currently
- Any other savings or investment details
If you are planning to move to a new city, buying your own home can get overwhelming. When you think about applying for a home loan, you may come across a lot of hurdles. The best assistance at that moment can be knowing your Home Loan Eligibility, which will primarily determine your next steps. If you are eligible, you will have to provide a lot of documents to avail of the desired loan amount. Here comes the next hurdle: “Document Verification.”
