Apply Now

Shriram Housing Loan

Shriram Housing finance offers home loans at interest rates starting from 8.90% for a maximum repayment tenure up to 25 years. The lender brings a selection of different home loan schemes that are constructed to meet different goals that individuals have for their dream home. The type of Shriram home loans include home construction loan, home improvement loan, home extension loan and loans against property. If you are looking for a home loan with an affordable reach then you can check Shriram housing finance home loans and see if this is the one for your requirement. 

Shriram Finance Home Loan Highlight 

Loan Amount

Up to 90% of cost of property

Interest Charges

Starts at 8.90%

Processing Fees

0.50% of loan amount (Or Rs 5000)


Up to 25 years



Shriram Home Loan Features & Benefits

Here are the highlights of Shriram housing loans:

1. Types of Home Loan : Shriram home loans are provided for a slew of different reasons. Whether you want to buy a new house or flat or you wish to extend or renovate your current one, Shriram housing loans has a set of different home loan types that you can choose from. 

Here are the different types of Shriram Housing Finance home loan schemes:

  • Home Loans
  • Home Improvement Loans
  • Home Extension Loans
  • Residential Plot Loans
  • Top Up Loan
  • Home Loan Balance Transfer
  • PMAY

2. Loan Amount : Shriram home loan amount ranges up Rs 10 Crore. The lender avails up to 90% of cost of property to individuals. Know that the loan amount is decided by a set of factors which includes the home loan scheme, your income and not to forget, your repayment capacity. 

3. Interest Rates : Shriram home loan interest rates start at 8.90%. The home loan interest rates are affected by many factors including your credit score, repayment capacity, income, repayment tenure and type of home loan. 

4. Tenure : Shriram Housing Finance home loan repayment tenure ranges up to 25 years. You can opt for a repayment period that best suits your budget. 

5. Balance Transfer : Shriram home loan balance transfer is an option which you can opt for when you want to move your existing home loan with high interest rates to the one at low interest rate. 

6. PMAY : Pradhan Mantri Awas Yojana (PMAY) is a scheme introduced by the government. This scheme aims at providing home loans to the financially challenged sections of society. These loans are offered with interest subsidies of up to 6.50%. This loan can be availed by Economically Weaker Groups (EWG), Low Income Groups (LIG), Middle Income Groups 1 (MIG-1) and Middle Income Groups 2 (MIG-2). 

Shriram Finance Home Loan Eligibility

Before you apply for a Shriram Housing Finance home loan, you must go through Shriram housing finance eligibility criteria. The eligibility is determined on several grounds including employment, income and age. In order to qualify for home loan, you must ensure you pass these checkpoints. 

Here is the Shriram home loan eligibility criteria:

  • Salaried, self employed individuals, professionals, non-professionals and non-individual entities can apply.
  • Applicants should be at least 24 years old at the time of application.
  • Applicants should not be more than 70 years old when the home loan terminates.
  • The minimum net monthly salary of salaried applicants should be at least Rs 30000.
  • A minimum of two years of work experience for salaried applicants and three years of work experience for self employed applicants is must.

Documents Required for Shriram Home Loan

Here are the documents required for Shriram home loan application:


Salaried Applicants

Self Employed Applicants

Identity Proof

Aadhar Card, Voter’s ID Card, Passport, Driving Licence

Aadhar Card, Voter’s ID Card, Passport, Driving Licence

Address Proof

PAN Card,  Voter’s ID Card, Passport, Driving Licence, Utility Bills such as Electricity, Telephone, Water Bills

PAN Card,  Voter’s ID Card, Passport, Driving Licence, Utility Bills such as Electricity, Telephone, Water Bills

Income Proof

Salary Slips, Bank Statements, Form 16

Balance sheet and profit and loss account, IT Returns, Business Proof

Other Documents

Passport-size Photographs, Duly Filled Application Form, Any Other Documents Required by the Bank

Passport-size Photographs, Duly Filled Application Form, Any Other Documents Required by the Bank

Compare other bank home loan interest rates:



AXIS Bank Home Loan

7.75% to 9.40%

SBI Regular Home Loan

6.95% onwards 

HDFC Bank Home Loan

6.95% to 7.50%

Kotak Mahindra Bank Home Loan

7.40% to 9.70%

Yes Bank Home Loan

9.60% to 10.55%

Citi Bank Home Loan

7.34% to 8.29%

ICICI Bank Home Loan

6.95% to 8.05%

Standard Chartered Bank Home Loan

Starting at 8.71%

IDBI Bank Home Loan

6.80% to 8.40%

RBL Bank Home Loan

9.75% to 10.05%

HSBC Bank Home Loan

8.55% to 8.655

IndusInd Bank Home Loan

8.00% to 15.00%

Bank of Baroda Home Loan

6.85% to 7.75%

Bank of India Home Loan

6.85% to 7.755

Canara Bank Home Loan

6.90% to 8.90%

Indian Bank Home Loan

7.55% to 8.40%

Punjab National Bank Home Loan

Starting at 7.00%

Tata Capital Home Loan

Starting at 6.90%

Union Bank Home Loan

6.80% to 12.65%

LIC Housing Finance

6.90% to 7.90%

Aditya Birla Home Loan

9% to 12.50%

Shriram Home Loan EMI Calculator

Here is how to calculate your Shriram home loan EMI using the Shriram home loan EMI calculator:

  • Visit the official website of Shriram Housing Finance.
  • Click on the “Calculators” dropdown.
  • You have to click on the “EMI Calculator” option.
  • After that, you need to enter the Shriram home loan amount, interest rate per annum and the repayment tenure in years. 

Once you have entered the necessary details, you will be able to view the EMI amount which you have to pay for home loan. 

How to Apply for Shriram Home Loan?

Here is how you can apply for a Shriram housing loan:

  • Apply for a Shriram home loan offline

You can visit the nearest branch of Shriram Housing Finance. When visiting the branch, make sure you carry the necessary documents required for the home loan application. 

  • Apply for a Shriram home loan online

If you want to apply for a Shriram home loan online, here are the steps you need to follow:

  • Go to the official website of Shriram Housing Finance.
  • Now, move to the “Loan Products” dropdown menu.
  • Click on the type of home loan you want to apply for.
  • Now that you are on the home loan page, hit the “Apply Now” button. 
  • Mention the required details in Shriram home loan application form.
  • Click the “Submit” button. 

Shriram Home Loan Customer Care 

You can reach out to the Shriram housing finance customer support for further assistance regarding the home loan. If you want to raise any query or complaint, then you can contact the lender.

Here is the Shriram Housing Finance customer care toll-free number:

1800 103 6369

FAQs On Shiram Housing Finance

Q.1 How can I apply for Shriram home loan balance transfer?

You can apply for Shriram home loan balance transfer online. All you need to do is:

  • Go to the official website of Shriram Housing Finance.
  • Go to the “Loan Products” dropdown and select “Balance Transfer” option.
  • Click the “Apply Now” button.
  • Enter the required information.
  • Click “Submit”.

You can reach out to the lender for more enquiry regarding the balance transfer facility.

Q.2 What is the Shriram housing finance toll-free number?

Here is the Shriram finance home loan contact number that you can dial:

1800 103 6369

Q.3 Can I prepay Shriram home loan?

Yes. The lender allows you to prepay your Shriram home loan and foreclose it. There are no foreclosure charges for Shriram home loan prepayment in case of individual borrowers.

Q.4 Who can be my co-applicant for Shriram housing loan?

Individual’s parents, spouse or children can make a co-applicant for Shriram housing loan. 

Last Updated on : 08/Apr/2021

Know More About

Shriram Housing Finance

You're eligible for a Shriram Housing Finance if you:

Are legally adult enough to handle it

Have still got it

Get a regular pay check

Make more than a basic buck

Your eligibility depends on:

Earn more than minimum income required

Maximum allowed Home Loans is Rs. 10K to Rs. 45 lakhs

EMIs of other loans loweryour eligibility

Boost your eligibility by:

Pay off your credit card bills

Choose longer tenure loan up to 5 years

Nothing gets done without that paperwork (which we'll happily carry over to the bank for you, no sweat). Here's what you'll need:

  • 1. Photo ID and age proof
  • 2. Signed application form with photograph
  • 3. Residence proof
  • 4. Last 6 months bank statement
  • 5. Documentation for salaried applicants:
    • Last 3 months salary - slips
    • Form 16 or Income Tax Returns
  • 6. Documentation for self-employed applicants:
    • Last 3 years Income Tax Returns with computation of Income
    • Last 3 years CA Certified / Audited Balance Sheet and Profit & Loss Account

Shriram Housing Finance Interest Rates

Updated on 25 Nov 2017

Shriram Housing Finance Details
Interest Rate (Monthly reducing balance) 8.9% - 0%
Processing Fees 0.50%
Loan Tenure year to 25 years
Pre-closure Charges Varies with bank
Guarantor Requirement Varies with bank

Home Loans EMI Calculator

Loan Amount


Interest Rate


Loan Tenure


Your Monthly Loan EMI