Shubh personal loan offers unsecured loans to customers whose household annual income falls between Rs. 1.5 lakhs to 4.5 lakhs. MyShuhbLife leverage fintech technology to serve the financial requirements of loan borrowers.
Shubh Loans provide personal loans ranging from Rs. 1000 to Rs. 5 lakhs with their in-house credit model assessment. Shubh Personal loan interest rates vary from 26% to 44% per annum on a reducing balance basis.
To apply personal loan from Shubh Loans, visit
Shubh Loans Overview
Shubh personal loan application will be completely digital & offers easy documentation.
Instant personal loan approval will be given to salaried individuals with a good credit score.
Basic documents required along with credit score.
No requirement for collateral or guarantor. A loan agreement will be signed with Shubh Loans digitally.
Loan quantum ranges from Rs. 1000 to Rs. 5,00,000.
Available tenure ranges up to 4 years.
Applicable interest ranges from 26% to 44%.
Availability of preclosure facility @ 3% – 5% fee for Shubh loans customers.
Easy access to the app along with other loan products.
Zero hidden fees, quick approval, most transparent process with competitive interest rates.
Compare personal loan interest rates in India
Eligibility Criteria to apply for Shubh Loans online
The eligibility criteria for a Shubh Loan are quite simple.
The borrower should be a salaried person with a minimum salary of Rs. 12,000 per month.
The age of the borrower should be in between 21 years to 60 years.
Loan borrowers from Shubh Loans should have a clean credit report for hassle-free personal loan disbursal or top-up.
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Features of Shubh Loans
The following features after applying for a personal loan from Shubh Loans make the personal loan approachable and easily accessible.
Borrowers won’t have to produce any collateral or guarantor for the approval to apply for personal loan from Shubh Loans.
Complete digital application and loan approval processes are simple and the representatives will contact the borrower on behalf of the lender to complete the application procedure.
A personal loan borrower can avail of a loan amount ranging from Rs. 75,000 to Rs. 5,00,000 depending on his or her income.
To repay the loan, a borrower will get 1 year to 4 years of tenure
The processing fees are charged @ 3% on the loan amount
One can avail of the preclosure facility after paying the first 12 EMIs of the loan
A 3% to 5% preclosure fee will be charged on the outstanding principal amount.
The top-up loan facility can be availed of after repaying 50% of the existing Shubh Loan.
A borrower should be able to produce the following documents to prove his or her eligibility for Shubh personal loan.
Aadhaar card or PAN card will be required as proof of identity to apply for an instant Shubh personal loan online
Utility bills, rental agreements, or a valid KYC document issued by the government can serve the purpose of address proof.
The salary slips and 3 months of the latest bank statements, along with the details of credited salary will be required as income proof.
A selfie will be enough for the online Shubh Loan
The Process to apply instant Shubh personal loan online
The online application process for a Shubh Loan is easy through
Go to the official website of Roopya and we will navigate you to Shubh Loans.
Then you have to register yourself there for free and the lender will verify your mobile number.
After the successful verification, the applicant should enter the PAN card details and upload the photo of the PAN card.
Then put the personal details such as an address, education, occupation, income, etc.
Upload the bank details in PDF format to let the lender verify the statements.
After the verification, the applicant can proceed with the further application procedure.
Hence the applicant will able to select the loan amount, tenure, and EMI amount.
Then the applicant has to upload the selfie and the PDF of the salary slips.
The applicant should share the contact details of one family member and one friend.
Once the application is approved, the loan amount will be credited to the account of the applicant within 24 hours.
Here is video guideline:
Read here to get:
Cash Loan in 1 hour Contact Details:
Shubh Loan customer care number:
Shubh Loan customer care Email Id:
Datasigns Technologies Pvt. Ltd
NOVA MILLER, 333. Thimmiah Road,
Vasanth Nagar Bangalore – 560052
FAQs On Shubh Loans
How long does it take to process the entire procedure if I apply instant Shubh Loan online?
After approval, personal loan will be processed within 2 working days.
Can apply for a Shubh Loan again after the rejection of my loan application?
Yes, you can apply for personal loan again but only after 6 months of the previous rejection.
Which cities are Shubh Loans are offered?
Shubh Loans are currently offering personal loan in the cities like Ahmedabad, Bangalore, Hyderabad, Jaipur, Kolkata, Mumbai, Mysore, Nashik, Pune, Chandigarh, Chennai, Coimbatore, and Delhi NCR.
Do I need to have a high CIBIL score for approval?
Shubh Loans are approved on the basis of your credit score, and not your CIBIL score. It also depends on your financial and repayment ability.
Read more about:
Credit score in India
How can I repay the amount once I apply for Shubh personal loan online?
The EMI amount will be debited from your salary account on the due dates and so will be notified to you.
Can I spend my personal loan amount from Shubh Loans for undisclosed reasons?
Personal loans can be used for any personal purpose. Loan purpose not needed to be disclosed. The money can be used as medical expenses, business loans, education loan, car loan.
personal loan page to know more.