India Shelter Bank Home Loan

India Shelter Home Loan can be used by individuals to meet the finance requirements for purchasing a new home along with meeting construction, extension or renovation needs.

India Shelter Home Loan Product & Features

India Shelter Housing Finance can be divided into three product categories:

• New Home Purchase
• Improvement & Extension
• Home Construction

The ISFC Home Loan features include:

• Loan amount between Rs. 300,000 – Rs 20, 00,000.
• Tenure up to 20 years
• Loan Approval within 7 days
• Easy monthly repayment schedule
• Assistance on phone available at local call rates in Hindi and English
• Fixed rates on loans. Change in interest rate or market volatility will not affect EMIs.

India Shelter Home Loan Interest Rates

India Shelter Home Loan Interest rate is charged between 11.75% and 22% per annum.

Processing Fes – 2%-3% (One time)

No prepayment charges to be levied if pre-closure payments are made from a borrower's own source of funds.

India Shelter Home Loan Eligibility

The ISC Home Loan is available to family members and co-owners of the property.

India Shelter Home Loan Documents

The India Shelter Home Loan Documents requirement is given below.

Documents Required:

• Duly signed application form with photograph by all applicants
• Identity proof – Voter ID, PAN, Driving License, Bank Passbook, adhaar card etc.
• Age proof – Voter Id, PAN, Driving License, Passport, Birth certificate, pass certificate of 10th or 12th
• Property documents
• Colored passport size photograph

Additional documents that will help us process the loan easily:

• Last 3 months salary slips
• Income Tax Returns of the last 2 years or Business Records
• LIC Policy
• FD or RD
• Details of any other loan account that you are replaying currently
• Any other savings or investment details

Documents for Security:

• Equitable Mortgage of the property being financed by deposit of title deeds