Posted on Nov 28th 2016

Buying one’s own home is definitely something all of us aspire to and you can get now the Cheapest Home Loan at ShubhBank in little time with less effort.  Planning for a home is extremely essential. We usually offer this loan on ready to move in properties along with under construction properties and resale home. You can also get loan to purchase a plot and construct your own house on the same in future. If you are looking for a home loan, here is step by step guide to the process of obtaining a home loan at ShubhBank. You can avail the application form from our bank or download it online.  Duly fill the form and attach copies of the loan related documents such as ID Proof, Address Proof, Age proof, income proof proof of educational details and employment, bank balance statement etc. Then our staff will talk you regarding the loan amount sanctioned , interest rate for the loan , type of interest selected: fixed or floating interest rates , loan tenure, mode of loan repayment and the general terms conditions of the home loan approved . If you are satisfied with all the norms, then you can provide an acceptance letter with your signature to the bank to acknowledge the sanction. After all the financial and technical valuations, the home loan registration process begin .The legal loan documents will be prepared on stamp papers by the bank lawyer.  The loan agreement must be signed and submitted bank to the bank along with post dated cheques.  After registration, the banks will disbursal either as a full payment or partial payment mode in stages. Usually for ready Possession of the property, the amount will be disbursed in full.