Sahara Housingfinas Corporation Limited (SHCL) was founded in August 2002 with its registered corporate office at Kolkata. A Sahara India Pariwar member, the company is engaged in providing different kinds of housing loans.
SHCL commenced retail-lending business in May 2004 with professionals from the industry and fully integrated on-line systems solution backed by strong procedures and underwriting standards. Today it operates from four regions viz. Kolkata, Lucknow, Hyderabad and Mumbai and has a branch each in Kolkata, Asansol, Siliguri, Lucknow, Gorakhpur, Pune, Hyderabad, Vijaywada and Mumbai. It serves its clientele through the attractive and competitive home loan schemes. Specially tailored schemes for the allotees of Sahara City Homes are also being worked out. The company is expanding its business by increasing the number of business outlets.
Sahara India Pariwar is a major entity on the corporate scene having diversified business interests that include finance, infrastructure & housing, media & entertainment, consumer products, manufacturing, services & trading.
With Sahara Home Loan, one can bring to life the house of his dreams. One could buy a self-contained flat in an existing or proposed co-operative society, in an apartment owner’s association or even an independent single-family or multi-family bungalow or row house as well as a house that he like anywhere in India (subject to local geo-limits of SHCL branches).
The company has a wide product range
The company provides loans to meet all the requirements of house a home.
Home Loans, Home Improvement Loans, Home Extension Loans, Loans to professionals for office or clinic, Mortgage Loans for children education, marriage etc. Land Loan (Govt. Plot). Loans on Adjustable Rate, Fixed Rate.
The company provides wider flexibility
The company has multiple repayment options
Tranche Based EMI
Customers purchasing an under construction property need to pay interest (on the loan amount drawn based on level of construction) till the property is ready . To help customer save this interest, we have introduced a special facility of tranche Based EMI. Customers can fix the installments they wish to pay till the property is ready. The minimum amount payable is the interest on the loan amount drawn. Anything over and above the interest paid by the customer goes towards principal repayment. The customer benefits by starting EMI and hence repays the loan faster.
Accelerated Repayment Scheme
Accelerated Repayment Scheme offers you a great oppourtunity to repay the loan faster by increasing the EMI. Whenever you get an increment, increase in your disposable income or have lumpsum funds for loan prepayment, you can benefit by