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HOW SHUBHBANK IS BEST TO FULFILL YOUR FINANCIAL NEEDS?

Posted on Friday September 9th, 2022

Nowadays, living expenses in the modern world can be a burden on your wallet because of sky rocketing prices of goods and services and it is hard for a salaried individual to sustain on monthly earnings only. Financial crunch can hit you anytime without a warning, so it is important to have enough funds to handle these unexpected expenses.

Either it is a medical emergency or working capital requirement, loan from ShubhBank can rescue you from this stress. You might be worried about the time consuming process of getting loan but with our institution you can Apply For Loan with a minimal documentation and get disbursal in less than 2-3 business days.

It would be a complicated for the borrower to zero in on a perfect lender as some lenders have stringent eligibility criteria as well as charge high rate of interest. To avoid the need of piles of paper and to enjoy the low cost borrowing, one can rely upon ShubhBank as it provides lots of benefits while fulfilling your financial needs. Let’s read out the listed points:

→ Budget friendly loan: Our lending institution provides a user friendly platform to avail any financial product or service. You can also apply for a specific loan online from your smart phone or laptop at our website. If you meet all the eligibility criteria, your loan gets approved instantly by our bank.

→ Lesser documentation: The loan solutions from our institution provide the desired loan quantum with minimum hassle and less paperwork. A potential borrower has to submit or upload the basic documents such as Aadhar card, income proof, residence proof, credit score etc. while getting a loan.

→ 100% safe and secure: Our whole loan process whether it is online or offline, is 100 percent safe. The primary concern of ShubhBank is to keep the borrower’s information safe and secure. We are known as trusted platform that provides fast and secure loan procedure for their customers. The loan executives in our firm keeps your personal and bank details encrypted.

→ Fast disbursal: We value your time and understand your urgency, so try to disburse the loan as early as possible. Our loan solutions are processed within 1-2 business days making ShubhBank the first choice of every borrower in need of urgent funds. One can Apply For Loan Online while sitting in their personal space. Therefore, if you have great credit rating, the loan amount is disbursed within 48-73 hours without any hassle.

ShubhBank has an aim to offer financial help to all the needy borrowers in a smarter and convenient way. So, valuing your efforts and time, we provide you a fastest access to our funding option at our branch as well as on digital platform. The whole loan process at our lending institution is stress free and you going to have seamless experience.

We assure you that you will not find a platform like us where you can avail a wide range of financial tools and services to meet up your financial urgencies. So, don’t waste time in wait. Visit us or apply online for the required loan at attractive rates of interest.


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WHAT KIND OF LOAN SERVICES SHUBHBANK OFFERS?

Posted on Monday March 7th, 2022

ShubhBank started up as a lending platform and a digital partner with various renowned financial institutions introducing digital lending offers to the potential loan seekers across the country. We aim at understanding the requirements of our customers and offer one stop solution for all their financial needs covering every aspect of life. One can Apply For Loan needed to cover all their necessities depending upon their need. We have listed types of loans offered by us.

Personal Loan: ShubhBank offers simplest and instant loan to the potential borrowers meeting their urgent requirements which does not require any collateral. The loan processing is very fast as it just gets completed within 2-3 business days offering you hassle free journey. You can apply for it online also as it is the most convenient way and we provide your doorstep services. The interest rates may vary according to the bank norms that will process your loan.

Mortgage Loan: It is another type of instant loan offered by us where one has to pledge his/her residential or commercial property as collateral. The unique feature of this loan solution is that the quantum is up to 100% depending upon the evaluation of property current price and disbursal takes place between 5-7 days. The interest rate starts from around 8.50% to 18.00% involving the processing fees and service tax.

Home Loan: Owning a house is the basic requirement of every family and ShubhBank helps you to achieve your dream goal of purchasing your own home. We tie up with all the lenders providing you the best interest rates as buying a home is the biggest investment of life. Home loans features with longer tenures, fixed and floating rates where 80% of value of home is disbursed as loan quantum in less possible time.

Business Loan: This loan is another category of financial solution which helps small business owners to expand their business or capital needs. Moreover, loan is offered with minimal documentation, easy eligibility criteria and lowest possible rates of interest. The loan tenure is flexible and loan money can be availed up to few lakhs to crores depending upon your repayment capacity. However there is no need of collateral but a guarantor is required.

Used Car Loan: Our institution is among top ranked service providers and offer best rates pre-owned car loan facility across the country. We offer most convenient and easiest used car loan at competitive interest rates to the borrowers in need. The banks associated with us offer 80% of loan amount with flexible loan terms and tenure.

Gold Loan: Every household in our country own the precious metal as ornaments, coins and bars as it is in our culture and can be savior in times of financial crunch. Gold loan are the cheapest loans available in the market as they can be availed at lowest rates of interest and has easy repayment structure.

ShubhBank offers unique loan products and provides you the platform where one can quickly check their eligibility criteria and Apply For Loan Online or by visiting our branch fulfilling your demands and needs.


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WHAT ARE THE BEST WAYS TO MANAGE LOAN REPAYMENTS?

Posted on Friday February 18th, 2022

Many of us are not able to fulfill their dreams with our savings; therefore people turn to financial tools such as loans or credit cards. These loans can fulfill all your needs whether for buying a home, vehicle or those who want to pay for higher education or wedding. One just thinks of his/her needs and lending market has a customized offer for you. There are number of secured or unsecured loans which are easily available in market and apply for a loan.

Nowadays, loans are easily accessible and majority of people are able to take the advantages of these financial tools. However, your eligibility helps you to avail any kind of loan but it’s more important to manage the loan repayments as it has a huge impact on your credit history. Here, we have listed down some of the tips to manage your loan payments easily.

Create a budget: Before you Apply For Loan work out on your financial planning. Always make yourself sure of debt to income ratio and savings to pay the monthly installments. It is of great importance to scrutinize the terms and conditions of the loan that it doesn’t impact your credit score and you have to shell out more money than your earnings. Hence, do a proper search and stick to your budget plan and get a loan accordingly.

Timely payments: It is really important to make regular repayments to make your loan journey stress free and joyous experience. Never let your repayments to pile up as it will only accumulate additional costs such as penalty and have an adverse effect on your credit history. Loan repayments should be your top priority to have a good financial health. When you can’t remember the due dates of loan EMI’s, set out an auto debit facility for repayments.

Prioritize high interest loans: The loans which have long tenure are always opted for lower rate of interest where as short tenure loans charges you high rate of interest. It is always advisable to pay off the loans that have higher interest as it will help you to reduce the debt burden. You can also take the advantages of tax deduction on some loans.

Seek some financial advice: After following such tips, if you are still unable to manage your loan repayments and getting into a debt trap, then I’s a high time to seek an advice from financial expert. He/she will guide you through all your financial worries and offer you a credible advice and remedies to lower down your debt burden. These experts may charge you some fees but saves you a lot of bucks.

These financial solutions are meant to help you in fulfilling your requirements whether you Apply For Loan Online or offline and repaying your loan EMIs on time can make your loan journey more fun for you. It is important to inculcate some financial discipline to take benefits of these wonderful and easily accessible financial tools that make your present and future easy and enjoyable.


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HOW ONLINE LOANS ARE CHANGING THE FINANCIAL MARKET?

Posted on Monday February 7th, 2022

In past times, when you had been tried for a loan, you would be aware of the time consumed in it as well as remember the amount of paperwork you submitted to get a loan. Nowadays, with the evolution of digitalization in the fintech sector has completely changed the lending scenario. With an access to smart phones, you can get anything you need whether it is groceries, medicines or loans and investments.

Before the online portal has been introduced, the NBFCs and banks were only limited to metro cities leaving the majority of potential borrowers undiscovered. Moreover, the cost of loans were very high and time consuming due to the involvement of physical office, lots of documentation, verification and evaluation of loan applicant. Now the technology has revolutionized the way of lending sector and you can Apply For Loan at your fingertips.

The processing time of a particular loan has been reduced to 1-2 business days from 15 days as earlier. Now the whole loan process has become paperless, you only have to upload the documents on online portal of specific lending institution. The physical process of verification has overtaken by API which has decreased the turnaround time to minutes from days. Online lending has penetrated the whole country and has an access to every person who owns a smart phone.

In recent times, online loans are the most convenient financing options available in the market. Here, we have mentioned some of the features of e-loans on which you will agree that they are customer friendly financial solutions. Let’s explore some of these:

Simple eligibility criteria: The eligibility criteria for online loans have become relatively simple and easy to meet. If a borrower is a resident of India and above the age of 21 years and earning enough as his/her monthly income, you are eligible to apply for any kind of loan according to your needs.

Minimal documentation: A decade ago, lenders ask for lot of paperwork and documentation to disburse a loan but online loans are quiet popular these days as they are quick and paperless. To exemplify, ShubhBank provides you a digital platform to Apply For Loan Online with uploading some of the basic documents such as PAN card, residence proof, salary slip of last six months etc.

Fast processing: In past, the processing time was measured in days and moths but today you can process your loan application with 1-2 business days on approval. The disbursal of loan has become much faster when it comes to any financial emergency.

Customized loan solutions: The digitalization in fintech industry has ensured that lenders could come up with customized credit solutions to meet the unique requirements of their customers. One can find tailored solution for their needs whether it is for wedding expense, home renovations, business needs or medical emergency. The competition between lenders has increased to create unique solutions that appeal the potential loan seekers.

Hence, whatever be you need, you can be sure that you will get a tailored solution at ShubhBank.