House Extension


We understand your growing needs; thus, we have brought you extension loans from Shriram housing. We offer financial assistance for constructing an extra floor / room / bathroom / toilet in your house

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

Loans to extend or add additional room in your home.

  • Available for both existing and new customers.
  • Payment options to suit your needs
  • Transparent procedure and charges.
  • Pan India branch network and door step service
  • Bouquet of schemes to make your house more affordable with lower EMI

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 25 lac
  • Subject to 70%* 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