Balance Transfer with or without additional Finance


You can transfer your existing housing loan from other financier to us and avail an additional finance for your personal use

Eligibility

  • You have to be an Indian Resident
  • You have to be minimum 21 years at the time of application
  • You can be a salaried or a self-employed individual
  • Your loan eligibility will be derived on basis of your repayment capacity as well as the value of property under consideration
  • You can apply individually or jointly for Home Loans. However, all co-applicants need not be co-owners.

Benefits

Transfer your outstanding Home Loan to Shriram Housing

  • Transfer your outstanding Home Loan availed from another Bank / Financial Institution to Shriram Housing for easy EMI schemes
  • Payment options to suit your need
  • Transparent procedure and charges.
  • Pan India branch network and door step service

Tenure

Maximum tenure of your loan can be 20 years subject to:
  • Your retirement age will be considered if you are salaried
  • Your age at maturity will be considered if you are self- employed

Loan Amount

  • Minimum loan amount 1 lac
  • Maximum loan amount is 75 lac
  • Subject to 75%* of the property and repayment capacity of the borrower

Repayment Options

  • Electronic Clearing System (ECS)/Post Date Cheques (PDC) /NACH

Rate of Interest

  • We offer you floating rate of interest. Our Home Loan rate of interest is starting @ 10.99%, which are linked to Shriram Housing’s Prime Lending rate (SHPLR). Currently, SHPLR is 15%
*Terms & Conditions apply. Credit at sole discretion of SHFL.


I authorize Shriram Housing Finance Ltd. representative to call/sms/email me with reference to my enquiry