Sahara Housingfina Corporation

Sahara Housingfina Corporation Limited (SHCL) offers home loans at attractive interest rates with a repayment tenure ranging between 5 years and 20 years. The loan amount can range between Rs.1 lakh and Rs.1 crore and the home loans come with a prepayment option. Up to 80% of the property’s value may be provided as a loan.

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Sahara Housingfina Corporation Home Loan Rates

You can avail a loan of up to Rs.1 crore with a repayment tenure of up to 20 years. You have the choice to opt for a fixed or a floating interest rate.

Tenure	5 years – 20 years
Finance	Rs.1 lakh – Rs.1 crore
Loan Amount	Up to 80% of the property’s value
Interest Rate	Fixed and Floating
Processing Fee	Contact Sahara Houosingfina

Compare: home loan Interest Rate for all Banks

Sahara Housingfina Corporation Limited Home Loan Schemes

1. Home Loan Scheme

Home loans are provided for individuals, self-employed professionals, and self-employed non-professionals.
The loan amount that is provided can range between Rs.1 lakh and Rs.1 crore.
The repayment tenure of the loan can range between 5 years and 20 years.
Loans are provided for the purchase of an apartment/bungalow, extension and renovation of the property, repairs, and construction of a house.
Depending on the cost of the property, an adequate amount of finance is provided. The finance that is provided is inclusive of the registration charges.
Loans are provided at all SHCL locations.

Sahara Housingfina Corporation Limited EMI Calculator

You can check the monthly payments with the help of the Equated Monthly Instalment (EMI) calculator provided by BankBazaar. It is simple to use the calculator and only basic details will need to be provided. You will need to enter details such as the loan amount, tenure, interest rate, and processing fee to calculate the EMI. Apart from being simple to use, the calculator helps in saving time as well.

Sahara Housingfina Corporation Limited Eligibility Criteria

Age Limit	21 years – 65 years
Type of Employment	Salaried employees, self-employed professionals, and self-employed non-professionals
Income	Minimum of Rs.1,20,000 per annum

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Documents Required to Apply in Sahara HousingFina

Salaried Employees

Application form
Photographs
Residence Proof
Date of birth proof
Payslips for the last 3 months
Proof of identity
Bank statements for the last 6 months
Form 16

Self-Employed Professionals

Application form
Photographs
Balance Sheet
Profit and Loss statement
Income Tax Returns (ITR) for the last 3 years
Bank statement for the last year
Date of birth proof
Proof of identity
Residence proof
Educational Qualification Certificate
Business existence proof

Self-Employed Non-Professionals

Application form
Photographs
Business existence proof
Bank statement for the last year
Proof of identity
ITR for the last 3 years
Balance Sheet
Profit and Loss statement
Date of birth proof
Residence proof
Business profile

Document Check List: Home Loan Document Required

FAQs

1. What is the loan amount that I will be eligible for?

The loan amount that you are eligible for will be decided based on the repayment capacity. Therefore, your monthly income is one of the main factors that is considered to determine the loan amount.

2. Can Non-Resident Indians (NRIs) avail a loan with Sahara Housingfina Corporation Limited?

Yes, NRIs can avail a loan with Sahara Housingfina Corporation Limited.

3.Is it possible to convert a fixed rate loan to a variable rate loan?

Yes, it is possible to convert a fixed rate loan to a variable rate loan. However, a small fee must be paid to convert the loan.

4. Can I claim tax benefits on the home loan?

You can claim a portion of the principal amount and the interest as tax benefits.

5. Can I apply for a loan in case I have not selected a property?

Yes, you can apply for a loan even if the property has not been selected.

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