India Shelter extends loans amounts upto 50 lacs to urban households for construction, extension, renovation and purchase of new home. Interest rates range from 13% to 20% for housing loans. Interest rates are higher for home equity loans (or Loan against Property), where the end-use is not for housing. A file processing fee of 2%-3% (including GST) is charged.

New Home

& Extension


Loan Purpose

  • Purchase of property
  • Plot purchase
  • Self-construction
  • Adding additional rooms
  • Put up an additional floor to an existing home
  • Internal or external repairs to existing homes


  • Loan amount between Rs 5,00,000 – Rs 50,00,000.
  • Tenor up to 20 years
  • Loan Approval within 5 days
  • Easy monthly repayment schedule
  • Assistance on phone available at local call rates in Hindi and English
  • Our loans are available at a fixed rates. That means that the EMIs don't vary with the volatility in the market or a change in the interest rates


Loan Tenure – Home Loan 20 years
Loan Amount – Home Loan Maximum 50 lakhs
Rate of Interest 13% to 20%
Prepayment charges
(For Fixed Rate loans only)
A. Housing Loans:
None, if pre-closure happens from borrower's own source of funds.
If, other than own sources, pre-payment charges up to 4.5% (inclusive of GST) of principal outstanding as on date, will be applicable.
Fees and charges Home Loans
Rate of Interest: 13% to 20%
Processing Fee:  2%-3%
Applicant(s) Family members and co-owners of the property
Documents Required 1. Application form with photograph duly signed by all applicants
2. Identity proof – Voter ID, PAN, Driving License, Bank Passbook, aadhaar card etc.
3. Age proof – Voter Id, PAN, Driving Licence, Passport, Birth certificate, pass certificate of 10th or 12th
4. Property documents
5. Colored passport size photograph
Additional documents that will help us process the loan easily 1. Last 3 months salary slips
2. Income Tax Returns of the last 2 years or Business Records
3. LIC Policy
4. FD or RD
5. Details of any other loan account that you are replaying currently
6. Any other savings or investment details
Security Equitable Mortgage of the property being financed by deposit of title deeds
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