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My Shubh Life Personal Loan

Here are a few factors

How To Apply
Product Rating

( 4.4 /5 )

Total - 416 ratings

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Mode of Process

Online 

Location 

PAN India

Lending Size and Tenure 

5k-2L (3M to 24 M)

ROI

28%-44%

ROI (Fixed/Reducing)

Reducing

Processing Fees

3%

Foreclosure

As per Policies

Partial Payment Allowance

No

Dealing in Unsecured OD

No

USP

Funding to All Profile whether Employee of Proprietorship firm/Partnership firm or Company

My Shubh Life Personal Loan EMI Calculator

Interest Type

Loan Amount

₹

Interest Rate

%

Loan Tenure

Mo
Loan Amount₹100,000
Interest %16 %
Tenure (months)12
Emi (monthly)₹ 9,073
Total Interest₹ 8,877
Loan Amount + Interest₹ 108,877
YearTotal Principal
( A )		Total Interest
( B )		Balance
( A + B)		Total Payment Loan Paid Till Date (%)
₹ 56,394₹ 7,117₹ 63,511₹ 43,60656.39 %
Jun₹ 7,740₹ 1,333₹ 9,073₹ 92,2607.74 %
Jul₹ 7,843₹ 1,230₹ 9,073₹ 84,41715.58 %
Aug₹ 7,947₹ 1,126₹ 9,073₹ 76,47023.53 %
Sep₹ 8,053₹ 1,020₹ 9,073₹ 68,41731.58 %
Oct₹ 8,161₹ 912₹ 9,073₹ 60,25639.74 %
Nov₹ 8,270₹ 803₹ 9,073₹ 51,98648.01 %
Dec₹ 8,380₹ 693₹ 9,073₹ 43,60656.39 %
₹ 43,607₹ 1,758₹ 45,365₹ 0100.00 %
Jan₹ 8,492₹ 581₹ 9,073₹ 35,11464.89 %
Feb₹ 8,605₹ 468₹ 9,073₹ 26,50973.49 %
Mar₹ 8,720₹ 353₹ 9,073₹ 17,78982.21 %
Apr₹ 8,836₹ 237₹ 9,073₹ 8,95391.05 %
May₹ 8,954₹ 119₹ 9,073₹ 0100.00 %
Work Process

Start with My Shubh Life Personal Loan in few steps

01
Visit Our Website

For the first step, you will have to visit our website to explore the loan options that fit your needs.

02
Select and Apply

Once you shortlist the loan you have been looking for, apply for it, and proceed with the further process.

03
Submit Your Document

One of the most important steps. Now you will have to submit all the required documents digitally.

04
Enjoy Your Financial Freedom!

Once your application is approved based on your eligibility, the amount will be disbursed to your account shortly.

Stay Prepared Before Hitting that Apply Button

Required Documents

PAN Card

Aadhaar Card

Driving Licence

Voter ID

Company Id

Cancel Cheque

Last 3 Month Salary Bank Statement

Last 3 Month Salary Slip

Passport size Photo

Ownership Proof Latest Utility Bill

Last 2 year’s Form 16

Last 2 Year ITR if Filled

Apply for Loan

Eligibility Of Instant Loan

The following information illustrates the loan eligibility and disbursal limits

  • The age of the applicant should be between 21 to 60 Year
  • The min. Employment should be 3 months of continuous salary
  • The min. salary of the applicant should be min. 12k
  • The minimum CIBIL score has to be 705
  • The Applicant must be an Indian Resident


My Shubh Life Customer Care

Contact No. :- 9019900199

Email :- support@myshubhlife.com

Negative Profile for My Shubh Life Personal Loan

A negative list or negative profile is a list of areas of the city where residents would not qualify for credit approval. In India, this has been a relatively new development.

Jewelers

MCD 4th Grade

Real Estate and NGOs

Politician

Mandir/Masjid/Gurudwara/

church

Company which are in Liquidation or in BIFR

Let us take an example, How EMI is being calculated

For instance, if "Shubham" applies for a Personal loan of INR 1 Lacs and get the loan sanctioned at the rate of 15 % with a tenure range of 36 Months , in such a case his EMI would be INR 3,467 and complete repayment amount till the end of 36 Months tenure would be INR 1,24,795 (i.e 3,467 EMI * 36 Months), wherein the total interest amount is INR 24,795 along with principal repayment of INR ₹1,24,795 . Few additional charges like those of minimal one-time processing fee upto 2-3% of loan amount may apply. T& C apply.
Year Principal
(A) 		Interest
(B) 		Total Payment
(A + B) 		Balance Loan Paid To Date
2022 ₹ 11,363 ₹ 5,969 ₹ 17,333 ₹ 88,637 11.36%
Aug ₹ 2,217 ₹ 1,250 ₹ 3,467 ₹ 97,783 2.22%
Sep ₹ 2,244 ₹ 1,222 ₹ 3,467 ₹ 95,539 4.46%
Oct ₹ 2,272 ₹ 1,194 ₹ 3,467 ₹ 93,267 6.73%
Nov ₹ 2,301 ₹ 1,166 ₹ 3,467 ₹ 90,966 9.03%
Dec ₹ 2,329 ₹ 1,137 ₹ 3,467 ₹ 88,637 11.36%
2023 ₹ 30,332 ₹ 11,266 ₹ 41,598 ₹ 58,305 41.70%
Jan ₹ 2,359 ₹ 1,108 ₹ 3,467 ₹ 86,278 13.72%
Feb ₹ 2,388 ₹ 1,078 ₹ 3,467 ₹ 83,890 16.11%
Mar ₹ 2,418 ₹ 1,049 ₹ 3,467 ₹ 81,472 18.53%
Apr ₹ 2,448 ₹ 1,018 ₹ 3,467 ₹ 79,024 20.98%
May ₹ 2,479 ₹ 988 ₹ 3,467 ₹ 76,545 23.45%
Jun ₹ 2,510 ₹ 957 ₹ 3,467 ₹ 74,036 25.96%
Jul ₹ 2,541 ₹ 925 ₹ 3,467 ₹ 71,495 28.51%
Aug ₹ 2,573 ₹ 894 ₹ 3,467 ₹ 68,922 31.08%
Sep ₹ 2,605 ₹ 862 ₹ 3,467 ₹ 66,317 33.68%
Oct ₹ 2,638 ₹ 829 ₹ 3,467 ₹ 63,679 36.32%
Nov ₹ 2,671 ₹ 796 ₹ 3,467 ₹ 61,009 38.99%
Dec ₹ 2,704 ₹ 763 ₹ 3,467 ₹ 58,305 41.70%
2024 ₹ 35,208 ₹ 6,390 ₹ 41,598 ₹ 23,097 76.90%
Jan ₹ 2,738 ₹ 729 ₹ 3,467 ₹ 55,567 44.43%
Feb ₹ 2,772 ₹ 695 ₹ 3,467 ₹ 52,795 47.20%
Mar ₹ 2,807 ₹ 660 ₹ 3,467 ₹ 49,988 50.01%
Apr ₹ 2,842 ₹ 625 ₹ 3,467 ₹ 47,147 52.85%
May ₹ 2,877 ₹ 589 ₹ 3,467 ₹ 44,270 55.73%
Jun ₹ 2,913 ₹ 553 ₹ 3,467 ₹ 41,356 58.64%
Jul ₹ 2,950 ₹ 517 ₹ 3,467 ₹ 38,407 61.59%
Aug ₹ 2,986 ₹ 480 ₹ 3,467 ₹ 35,420 64.58%
Sep ₹ 3,024 ₹ 443 ₹ 3,467 ₹ 32,397 67.60%
Oct ₹ 3,062 ₹ 405 ₹ 3,467 ₹ 29,335 70.67%
Nov ₹ 3,100 ₹ 367 ₹ 3,467 ₹ 26,235 73.76%
Dec ₹ 3,139 ₹ 328 ₹ 3,467 ₹ 23,097 76.90%
2025 ₹ 23,097 ₹ 1,169 ₹ 24,266 ₹ 0 100.00%
Jan ₹ 3,178 ₹ 289 ₹ 3,467 ₹ 19,919 80.08%
Feb ₹ 3,218 ₹ 249 ₹ 3,467 ₹ 16,701 83.30%
Mar ₹ 3,258 ₹ 209 ₹ 3,467 ₹ 13,443 86.56%
Apr ₹ 3,298 ₹ 168 ₹ 3,467 ₹ 10,145 89.86%
May ₹ 3,340 ₹ 127 ₹ 3,467 ₹ 6,805 93.19%
Jun ₹ 3,381 ₹ 85 ₹ 3,467 ₹ 3,424 96.58%
Jul ₹ 3,424 ₹ 43 ₹ 3,467 ₹ 0 100.00%
Leave Your Question

FREQUENTLY ASKED QUESTIONS

A personal loan is an unsecured loan that you can get from their website to meet your unexpected financial obligations. The loan will be disbursed after a few hours of approval.

No, My Shubh Life only offers personal loans to salaried individuals.

Yes, After half the term of your current My Shubh Life personal loan has passed, you can apply for a top-up loan. If you have half repaid your existing loan, please email our support team at support@myshubhllfe.com, and they will enable you to apply for a top-up loan.

My Shubh Life personal loan disbursement will occur within two days of getting your documents verified by the bank officials.

Once the My Shubh personal loan gets approved, you will receive it within two working days.

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