हिंदी में पढ़े
Disclaimer: Shriram Housing Finance is not a Paisabazaar partner and all content herein is strictly informative in nature. Paisabazaar is not affiliated with, sponsored by or in any way connected to Shriram Housing Finance for home loans. No offers/services from Shriram Housing Finance are being provided by Paisabazaar for home loans. For further information about Shriram Housing Finance for home loans, users are required to reach out directly to Shriram Housing Finance.
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Shriram Housing Finance Home Loan Highlights |
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| Interest Rate | 9.50% p.a. onwards |
| Loan Amount | Rs 1 lakh to Rs 10 crore |
| LTV Ratio | Up to 90% of property value |
| Tenure | Up to 25 years |
| Processing Fee | Up to 2.5% of loan amount |
Table of Content
Shriram Housing Finance Home Loan Interest Rates
Shriram Home Finance Home Loan interest rates start from 9.50% p.a. onwards. The HFC has not specified its differential interest rates. However, the lender may consider the credit score, loan amount, monthly income, employer’s profile, job profile, etc. of its applicants while setting home loan interest rates for its applicants.
Compare Interest Rates of Home Loans for Top Banks & HFCs
| Name of Lender | Up to Rs. 30 Lakh | Above Rs. 30 Lakh to Rs. 75 Lakh | Above Rs. 75 Lakh | |
| SBI | 8.50%-9.85% p.a. | 8.50%-9.85% p.a. | 8.50%-9.85% p.a. | Apply Now |
| HDFC Bank Limited | 8.75% p.a. onwards | 8.75% p.a. onwards | 8.75% p.a. onwards | Apply Now |
| LIC Housing Finance | 8.50% - 10.35% p.a. | 8.50% - 10.55% p.a. | 8.50% - 10.75% p.a. | Apply Now |
| ICICI Bank | 8.75% p.a. onwards | 8.75% p.a. onwards | 8.75% p.a. onwards | Apply Now |
| Kotak Mahindra Bank | 8.75% p.a. onwards | 8.75% p.a. onwards | 8.75% p.a. onwards | Apply Now |
| PNB Housing Finance | 8.50% - 14.50% p.a. | 8.50% - 14.50% p.a. | 8.50%-11.45% p.a. | Apply Now |
| Punjab National Bank | 8.45% - 10.25% p.a. | 8.40% - 10.15% p.a. | 8.40% - 10.15% p.a. | Apply Now |
| Bank of Baroda | 8.40% - 10.65% p.a. | 8.40% - 10.65% p.a. | 8.40% - 10.90% p.a. | Apply Now |
| IDFC First Bank | 8.85% p.a. onwards | 8.85% p.a. onwards | 8.85% p.a. onwards | Apply Now |
| L&T Finance Limited | 8.65% p.a. onwards | 8.65% p.a. onwards | 8.65% p.a. onwards | Apply Now |
| Tata Capital Housing Finance | 8.75% p.a. onwards | 8.75% p.a. onwards | 8.75% p.a. onwards | Apply Now |
| Federal Bank | 8.80% p.a. onwards | 8.80% p.a. onwards | 8.80% p.a. onwards | Apply Now |
| Axis Bank | 8.75%-13.30% p.a. | 8.75%-13.30% p.a. | 8.75%-9.65% p.a. | Apply Now |
| Godrej Housing Finance | 8.55% p.a. onwards | 8.55% p.a. onwards | 8.55% p.a. onwards | Apply Now |
Compare Home Loan Schemes Offered by Top Lenders Compare Now
Types of Shriram Housing Finance Home Loan
SHFL Home Extension Loan
Purpose: Shriram Housing Finance offers Home Extension Loan for financing the addition extra space in the existing property.
Loan Amount: Rs 1 lakh- Rs 10 crore
Tenure: Up to 25 years
SHFL Home Improvement Loan
Purpose: Consumers can avail Shriram Home Finance Home Improvement Loans to raise funds for redesigning their existing property.
Loan Amount: Rs 1 lakh– Rs 10 crore
Tenure: Up to 25 years
SHFL Residential Plot Loans
Purpose: Shriram Housing Finance offers Residential Plot Loans to finance the purchase of plots for construction of residential properties.
Loan Amount: Rs 1 lakh – Rs 10 crore
Tenure: Up to 25 years
SHFL Balance Transfer
Purpose: Existing home loan borrowers of other banks and HFCs can avail Home Loan Balance Transfer facility offered by Shriram Housing Finance for transferring their existing home loans to Shriram Housing Finance at lower interest rates.
Loan Amount: Rs 1 lakh- Rs 10 crore
Tenure: Up to 25 years
SHFL Top up Loans
Purpose: Shriram Housing Finance offers top-up loans to its existing home loan borrowers, over and above their existing home loans to meet their personal requirements.
Loan Amount: Rs 1 lakh- Rs 10 crore
Tenure: Up to 25 years
Check Lenders Offering Home Loan at Attractive Interest Rates Click Here
Shriram Housing Finance Home Loan Fees and Charges
| Particulars | Charges |
| Processing Fees | Up to 2.5% of loan amount |
| Pre-payment Fees | NIL |
Shriram Housing Finance Home Loan Eligibility Criteria
Shriram Housing Finance Home Loan Eligibility depends on a variety of factors including tenure, income, employment status, etc. The home loan eligibility criteria set by the HFC for its home loan applicants is mentioned below.
- Age- 24 years at the time of loan application and 70 years at the time of loan maturity
- Employment Profile: Salaried individuals, Self-employed Professionals/Non Professionals and Non-Individual entities
Salaried Individuals:
- Minimum Monthly salary- Rs 30,000
- Work experience- At least 2 years
Self-employed Individuals:
- Work Experience- Minimum 3 years in the current field
Check Lenders Offering Home Loan With Overdraft Facility Click Here
Documents required for availing Shriram Housing Finance Home Loan
Shriram Housing Finance has mentioned a detailed list of documents required to avail home loan. Below-mentioned is the complete list of home loan documents required by Shriram Housing Finance from its home loan applicants.
Identity Proof-
- Driving License
- Passport
- PAN card
- Ration card
- Bank Passbook
- Employee ID
Address Proof-
- Utility bill- electricity bill, telephone bill, gas bill, water bill )less than 2 months old)
- LIC Policy/receipt
- Voter ID
- Ration card
- Passport
- Letter from a recognized public authority verifying the customer’s residence address
- Bank passbook or bank account statement
Age Proof-
- Birth certificate
- 10th class marksheet
- PAN card
- Bank passbook
- Driving License
- Passport
Income Documents-
For Salaried Individuals-
- IT returns (for 3 years)
- Form 16
- Certified letter from the employer
- Payslip for last 2 months
- Increment letter/Promotion letter
- Passport size photographs
- Investment proofs (like fixed deposits, shares, etc.)
For Self-employed or Businessman-
- IT returns for last 3 years along with income computation and duly attested by a Chartered Accountant
- Balance sheet and P&L account of the firm for last 2 years attested by a CA
- Passport size photographs
- A brief introduction of business/profession
- Investment proofs
- Photocopy of Registration Certificate for deduction of Profession Tax
- Photocopy of Registration Certificate of establishments under Shops and Establishments Act/Factories Act
- Practice Certificate
- Receipt of Advance Tax Payment
Property Documents-
- Sale deed, agreement of sale with the builder
- Land and building tax paid receipts, location sketch of property
- Approved copy of building plan
- Allotment letter offered by Private builder/Society/Housing board
- Letter from the housing board, society or builder with the account number and name of their banker for remittance of instalments
- Original receipt of advanced payment that are made towards the flat purchase
- Original NOC from the builder or housing society