Make Your Dream Home a Reality with Our Home Loan
Our Home Loans offer competitive rates and flexible repayment terms, making your homeownership journey smooth and affordable.
Home Loan Overview
Owning a home is a dream that defines stability, security, and personal achievement—and at Shubhdhanam, we are here to turn that dream into a reality. Our home loan solutions are designed to make the process simple, transparent, and financially comfortable for individuals and families across all income brackets. Whether you’re purchasing your first home, constructing your dream space, or renovating your existing house, we offer flexible loan plans that cater to your unique needs without any hidden charges or unnecessary complications.
We stand apart by offering zero service charges, ensuring that your hard-earned money goes directly toward building your future—not into fees. With our strong network of trusted lending partners, quick documentation process, and a dedicated support team, getting a home loan has never been easier or more ethical. Plus, our community-first approach means we support you every step of the way, whether you’re applying online, visiting a partner location, or even using our QR-enabled services through local merchants.
At Shubhdhanam, we don’t just provide home loans—we build lasting trust and empower you with financial solutions that are fair, rewarding, and easy to access. Join thousands of happy homeowners who started their journey with Shubhdhanam and stepped into a better, brighter future.
Features & Benefits of Home Loan
Home Loan Eligibility Criteria
To apply for a Home Loan with Shubhdhanam, the following eligibility criteria must be met. The below list outlines the key requirements:
Age
Applicant must be between 21 to 65 years at the time of loan maturity.
Employment Status
Must be a salaried individual with a stable job.
Minimum 1 year total work experience.
At least 6 months with the current employer.
Income Criteria
Minimum monthly income of ₹15,000.
Proof of income such as salary slips, bank statements, or IT returns required.
Credit Score
CIBIL score of 600 or above is required.
Higher credit scores improve approval chances and interest rates.
Loan Amount
Loan amounts from ₹3 Lakhs to ₹10 Crores, based on eligibility.
Interest Rate
Competitive rates ranging from 8.50% to 12.00% per annum.
Loan Tenure
Flexible repayment tenure from 24 to 360 months (2 to 30 years).
Disbursement Time
Loan disbursal typically occurs within 10 to 45 days after approval.
Documents Requirement for Home Loan
Salaried Individual
- ID Proof: Pancard / Aadhar Card / Voter Id / DL / Passport(Any one)
- Residecne: Aadhar Card(Self Or Spouse Or Parents)/voter Id(Self Or Spouse Or Parents)/passport/owership Light Bill ( Latest 3 Month)/ 6 Month Old Rent Agreement (If Notary Than Required Light Bill But If Registered Than Not Required) Or 6 Month Old Saving Account Or Lastest Gas Receipt(Latest 3 Month).(Any One)
- Banking: 6 Month Salary Account Statement
- Salary Slip: 3 Month Salary Slip Or Salary Certificate
- Property Documents: Sale Deed, Chain Agreement.
Self-Employed
- ID Proof: Pancard/aadhar Card/voter Id/dl/passport (Any One)
- Residence: Aadhar Card(Self Or Spouse Or Parents)/voter Id(Self Or Spouse Or Parents)/passport/owership Light Bill ( Latest 3 Month)/ 6 Month Old Rent Agreement (If Notary Than Required Light Bill But If Registered Than Not Required) Or 6 Month Old Saving Account Or Lastest Gas Receipt(Latest 3 Month).(Any One)
- Office Add. Proof: 6 Month Old Rent Aggrement / Udyan Aadhar / Ownership Light Bill (Any One)
- Banking: Saving / current/od/cc (Any One), Statement Required Of 1 Year.
- Business Vintage Proof: 2-3 Yr Old Gumasta/2-3yr Old Udyam Aadhar(Registration Date Year Is Mandator)/ 2-3 Yr Old Current Account/ 2-3 Yr Old Itr With Complete Set/2-3 Yr Gst Certificate If Available (Any 0ne)
- Income Documents: 2 Yr Latest Year Itr With Complete Set.
- Property Documents: Sale Deed, Chain Agreement.
Fees and Charges for Home Loan
Below is a summary of the applicable fees and charges associated with our Home Loan services at Shubhdhanam:
Processing Fee – Commonly up to 1% of the loan amount
Prepayment / Foreclosure Charges –
Floating Rate (Individual borrowers): Usually Nil
Fixed Rate: May apply based on agreement
Late Payment Fee – Around 2% per month on overdue EMI
EMI Bounce Charges – Typically ₹500 to ₹750 per bounce
Legal & Technical Charges – Based on actuals (for property verification and valuation)
Loan Cancellation Charges – Processing fee is often non-refundable
Document Retrieval / Statement Charges – Nominal fee (₹200–₹500) if applicable
How Home Loan is Calculated
At Shubhdhanam, your Home Loan is calculated based on key factors such as the loan amount, interest rate, and loan tenure. These determine your EMI (Equated Monthly Installment) — the fixed amount you pay every month.
The EMI is calculated using the standard formula:
EMI=P×r×(1+r)n
(1+r)n−1
Where:
P = Principal loan amount
r = Monthly interest rate (Annual rate ÷ 12 ÷ 100)
n = Loan tenure in months
Your total repayment = EMI × number of months
Your total interest payable = Total repayment – Principal
We also consider your income, credit profile, and property value to determine the best loan structure for you. Our team ensures complete transparency and guidance throughout the process.
Partners
FAQs
The loan amount depends on your income, repayment capacity, credit history, and the property value. Typically, lenders finance up to 75–90% of the property's value.
A credit score of 750 or above is generally considered good for home loan approval, although some lenders may approve loans with slightly lower scores.
Yes, you can apply for a joint home loan with your spouse, parents, or siblings. This can increase the eligible loan amount and provide tax benefits for both applicants.
Home loans usually come with fixed or floating interest rates. You can choose based on your financial planning and market trends.
Yes, under Section 80C and Section 24(b) of the Income Tax Act, you can claim deductions on both principal repayment and interest payment.
If all documents are in order, loan approval can take anywhere from 3 to 7 working days, depending on the lender’s verification process.