Shubham Finance | Empowering Dreams Through Housing Loans

Author: shubhamfinance

  • Home Loans Without Salary Slips Self-Employed & Informal Workers

    Home Loans Without Salary Slips Self-Employed & Informal Workers

    In a country where a significant part of the workforce earns through informal or self-employed means, accessing formal credit like home loans remains a major challenge. This blog explores how Shubham Housing Finance breaks traditional lending barriers by offering home loans without salary slips, helping gig workers, small business owners, and daily wage earners achieve the dream of home ownership.

    The Problem: Formal Credit Access Remains Elusive

    In India, over 80% of the workforce operates in the informal economy—ranging from small vendors and freelancers to gig workers and daily wage earners. Traditional banks often reject their home loan applications due to a lack of income proof like salary slips or ITRs. This exclusion keeps many hardworking individuals from securing stable housing.

    Common challenges faced by informal earners:

    • No consistent documentation
    • Irregular income patterns
    • Lack of credit history
    • Misunderstood risk profile

    The Shubham Approach: Lending Based on Potential, Not Paperwork

    Shubham Housing Finance recognizes that income is not always reflected on paper. Instead of relying solely on documents, Shubham uses personalized underwriting that evaluates a borrower’s true earning capacity through field visits, cash-flow assessment, and behavioral checks.

    Key Features of Shubham’s Informal Income Loans:

    • No need for salary slips or formal ITRs
    • Income assessment through in-person interactions
    • Loan eligibility based on actual cash flow
    • Customizable EMI plans based on affordability
    • Credit solutions tailored to unique borrower profiles

    Who Can Benefit?

    Shubham Housing Finance’s unique lending model is ideal for:

    • Self-employed individuals (shop owners, vendors, freelancers)
    • Gig economy workers (delivery partners, drivers, online sellers)
    • Daily wage earners (plumbers, electricians, construction workers)
    • Women borrowers managing informal home-based businesses

    Shubham’s loans give these individuals a formal financial identity, which helps them grow their creditworthiness over time.

    Empowering Financial Inclusion in 2025

    With the RBI and government pushing financial inclusion, companies like Shubham Housing Finance play a critical role. By bridging the credit gap for the informal sector, they not only support individual aspirations but also contribute to broader economic development.

    How Shubham makes a difference:

    • Promotes housing access in Tier 2 & 3 cities
    • Encourages savings and financial discipline
    • Enables wealth creation through asset ownership
    • Supports women-led households with tailored offerings

    Why Choose Shubham in 2025?

    Shubham Housing Finance is not just another lender—it’s a partner in progress. Here’s why more self-employed Indians are choosing Shubham:

    • Trusted by over 2 lakh families
    • Available in 100+ locations across India
    • Expert support in local languages
    • Digital tools with personal guidance

    From home loans to loan against property, Shubham offers solutions that match your life—not just your documents.

    Final Takeaway

    Owning a home shouldn’t be a privilege for the salaried class alone. With Shubham Housing Finance, even without salary slips or credit history, you can take a confident step toward owning your dream home.

    Think your informal income can’t get you a home loan? Think again—with Shubham Housing Finance, it absolutely can.

  • Serving the Unserved: Shubham’s Mission for Inclusive Lending

    Serving the Unserved: Shubham’s Mission for Inclusive Lending

    In India, owning a home is not just a milestone—it’s a lifelong dream for millions. But for many hardworking people, this dream often feels out of reach. Not because they can’t afford it, but because they are invisible to traditional financial systems. Self-employed individuals, daily wage earners, and those without formal income documentation are frequently denied housing loans by conventional banks. At Shubham Housing Finance, we believe it’s time that changed. Our mission is simple but powerful: to bring housing finance to the unserved and underserved segments of society.

    Who Are the Unserved?

    The “unserved” are individuals who have the ability and intent to repay a home loan but are excluded from formal banking channels due to lack of documentation. This includes street vendors, small shop owners, plumbers, electricians, auto drivers, and home-based workers like tailors and tiffin service providers. Most of them do not have income tax returns, salary slips, or high credit scores. Traditional banks may see this as a risk—but at Shubham, we see it as an opportunity to empower.

    An Inclusive, Human-Centered Approach

    At Shubham, we’ve built a process that looks beyond paperwork. We assess income through a cash-flow based model, which involves personally visiting the customer’s home or place of work to understand their earnings, household expenses, and income stability. Instead of checking boxes, we try to understand their real financial behavior and repayment ability.

    Our field officers are trained to engage with customers in a friendly, respectful manner—often in their local language—and guide them through the process. This personalized approach helps us make fair, informed lending decisions and builds strong, trust-based relationships with our customers.

    Simplifying the Loan Process

    Unlike traditional banks that require extensive documentation, Shubham makes the process simple and accessible. We ask for only basic KYC documents such as Aadhaar, PAN card, and proof of residence. If the customer runs a small business, even basic proof like shop rent receipts or inventory records help. We believe that income isn’t always on paper—it’s found in daily life, in the way people earn, save, and manage their money.

    More Than Loans: A Lasting Impact

    For many of our customers, buying a home is more than a transaction—it’s the beginning of stability, dignity, and security. Homeownership provides a safe space for families, improves children’s education opportunities, and even enables access to better healthcare and credit. We’ve had the honor of helping thousands of first-generation homeowners across India—people who once believed that a home was out of reach.

    This is the kind of change we aim to create. Empowering people not just financially, but emotionally—by recognizing their dreams and helping them come true.

    Join the Movement for Financial Inclusion

    Inclusive lending is more than a business model for us—it’s a responsibility. At Shubham Housing Finance, we are committed to serving the unserved with dignity, transparency, and empathy. We’re proud to be creating a new way of lending—one where people are seen, heard, and supported.

    If you’ve been turned away by traditional banks, or if you know someone who has, reach out to us. Because everyone deserves a home—and every dream deserves a chance.