Features and benefits of our home loan balance transfer for doctors

Read on to know why our home loan balance transfer is a great option.

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Features and benefits of our home loan balance transfer

Features and benefits of home loan balance transfer and top-up 00:38 ‌

Features and benefits of home loan balance transfer and top-up

Here is everything you need to know about home loan balance transfer and top-up.

  • Top-up loan

    Top-up loan of up to Rs. 1 crore* or higher

    Self-employed doctors can transfer their existing home loan to us and avail of a top-up loan of Rs. 1 crore* or higher, based on your eligibility.

  • Low interest rates

    Low interest rates

    Avail of low interest rates starting from 8.80%* p.a. by refinancing your loan. Pay EMIs as low as Rs. 819/lakh*.

  • No restrictions on top-up use

    No restrictions on top-up use

    You can use the top-up amount to pay for emergency medical bills, home renovation, wedding expenses, and other urgent needs.

  • Tenure of up to 25 years*

    Tenure of up to 25 years

    Manage your loan comfortably with our long repayment tenure ranging up to 25 years.

  • Foreclosure facility

    Foreclosure facility

    Self-employed doctors who opt for floating interest rates can make part prepayment or foreclose the entire loan without paying an additional fee.

  • Minimal documentation

    Minimal documentation

    Balance transfer process on home loans can be time-consuming. We keep our document requirements to a minimum, ensuring a hassle-free process.

  • Externally benchmarked linked loans

    Externally benchmarked linked loans

    You can opt for an interest rate that is linked to an external benchmark, such as the Repo Rate, and benefit during favourable market trends.

  • Online account management

    Online account management

    You can access your loan status and EMI schedule online and download your statement of account, and other documents on our customer portal - My Account.

  • *Terms and conditions apply

    A home loan is a sort of financial help for the purchase of a home that can be obtained from banks and other financial institutions. Like with any other type of loan, a home loan must be repaid through fixed monthly instalments. You can choose to refinance your home loan with our home loan balance transfer facility since we provide a number of perks, including cheaper interest rates, and flexible repayment terms.

    You can also avail of our top-up loan facility where you can also get an additional loan of up to Rs. 1 crore* or higher. Any practising doctor can apply for a home loan balance transfer within 5 minutes if you have all the documents ready.

    There are further choices available, both in terms of prepayment and foreclosure, that do not involve any fees. If you are an individual borrower who has a floating interest rate and you pay off your loan early, there are no fees that you are responsible for paying if you are self-employed doctor.

    Still haven’t found what you are looking for? Click on any of the links at the top of this page

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How to apply for a home loan balance transfer

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Step-by-step guide to applying for a home loan balance transfer

  1. Click on the 'APPLY' button on this page.
  2. Enter your full name, mobile number, employment type, and the type of loan you wish to apply for.
  3. Generate and submit your OTP to verify your phone number.
  4. Next, choose your current home loan lender from the drop-down and enter your monthly salary and the loan amount required.
  5. In the next step, enter additional details like your DOB, PAN number, email Id, current EMI amount, and other details.
  6. Finally, click on the ‘SUBMIT’ button.

That is it! Your application is submitted. Our representative will connect with you to guide you through the next steps.