EXPANDING OFFICE SPACE
You may need to expand your workplace depending on how many new staff members you hire. It will cost a substantial amount to either move to a bigger office or buy a neighbouring place.
SET-UP NEW WAREHOUSES
You'll probably need extra warehouses to house your inventory when your business grows. The cost of purchasing a location for new warehouses is high. In that situation, a top-up on your home loan balance transfer will be helpful.
MODERN EQUIPMENT
New machinery is one of the biggest corporate growth expenses. More employees and machinery are needed to boost production. These can cost you tens of lakhs per month.
Features and benefits of our home loan balance transfer & top-up loan
00:30
Home Loan Balance Transfer - Features and benefits
Our Home Loan Balance Transfer offers a top-up loan of Rs. 1 crore. Know other benefits.
-
Top-up loan of up to Rs. 1 crore* or higher
Self-employed professionals can transfer their existing home loan to us and avail of a top-up loan of up to Rs. 1 crore* or higher
-
Low interest rates
Avail of low interest rates starting from 8.70%* p.a. by refinancing your loan with us.
-
No restrictions on top-up usage
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 20 years
Manage your loan comfortably with our long repayment tenure ranging up to 20 years.
-
Foreclosure facility
Self-employed professionals who opt for floating interest rates can make part prepayment or foreclose the entire loan without an additional fee.
-
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
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
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
Home loan balance transfer EMI & top-up loan calculator
Enter a few details and check your home loan balance transfer & top-up loan EMIs.
Check your home loan balance transfer & top-up loan eligibility
Find out how much loan amount you can get.
How to apply for a home loan balance transfer & top-up loan
00:40
Frequently asked questions
When you transfer an existing home loan from one lender to another, you are doing a home loan balance transfer. With Bajaj Finserv, this facility allows you to get low interest rates starting at 8.70%* p.a., more convenient terms, and a sizeable top-up loan of up to Rs. 1 crore* or higher for other financial needs.
A home loan top-up is additional financing available when you switch your home loan to Bajaj Finserv. Transfer your current home loan to us and receive a top-up loan of up to Rs. 1 crore* or higher.
The loan has no end-use limitations, which means you can use the amount for anything, from home renovation or interiors or wedding to even paying for emergency medical bills.
You can apply for a home loan balance transfer after paying off 6 monthly instalments to your current lender. When applying, you must not have outstanding dues on your present loan.
There is no limit on the balance transfer amount with the home loan balance transfer facility. The loan amount sanctioned is based on your income profile, CIBIL Score, and the value of your home
Typically, switching to a lender via a home loan balance transfer takes 5 to 10 days. This duration is also affected by how fast you receive the foreclosure letter and other documents from your current lender.
