Bajaj Finserv, India's most diversified NBFC, now offers housing loans at a low interest rate of 8.50% on online Home Loan and Balance Transfer from other banks for all salaried customers.

Balance Transfer

What is a Balance Transfer?

Home Loan Balance Transfer involves the process of transferring your existing Home Loan account to another bank or NBFC. People usually opt for a Balance Transfer if they come across a financial institution offering a lower rate of interest and better services. To opt for one, all you need to do, is calculate your savings on Home Loan Balance Transfer and Top Up and fill an online Home Loan Balance Transfer application form.

How it helps?

Transferring your loan helps you in the following ways:

  • Lowers your loan repayments by paying lower monthly instalments.
  • Let’s you enjoy your savings from the interest, that you would have otherwise spent on things that really matter to you and your family.
  • Attractive interest rates that make your Home Loan much more affordable and easier on your pocket.
  • Customised repayment options to suit your needs.

Bajaj Finserv is the best option to choose from

Bajaj Finserv’s Balance Transfer is amongst the best in the industry for the following reasons:

  • Pre-payment facility
  • No hidden charges
  • Nil foreclosure charges
  • Online account access
  • Customised insurance solutions
  • 3 EMI Holiday Feature

You can opt for Bajaj Finserv’s Balance Transfer facility and take a loan up to the registered value of your property.

For eg: Ms. Sudha had purchased a home for Rs. 1 crore. For which she got a home loan from ABC Bank of Rs.80 lakh at a fixed interest rate of 11%. Her monthly EMI was of Rs.82,575 and her loan tenure was for 20 years.Total interest payable is Rs.1,18,18,017 and the total amount that needs to be repaid is Rs.1,98,18,017.

Sudha, kept paying her EMIs for 10 years, meaning she paid back Rs.99,09000 and still has to pay back Rs.99,09017. ABC Bank did not offer all the benefits and the facilities that other lenders were providing. She had to go through a slow and time consuming process in order to pay her EMIs.

Ms. Sudha got a windfall of Rs.60, 00000 with which she decided to pay off a part of her home loan to decrease the loan tenure, meaning she still has Rs.93,09017 to repay. Due to the fluctuation in the market, the rate of interest too, changed from 11% to 10%, but she couldn’t avail this benefit as she took a loan under fixed interest rate scheme.

Sudha found out about Bajaj Finserv’s offers on Home Loan Balance Transfer. She visited the website, through which she easily and conveniently applied for a Home Loan by simply filling up a form. The balance amount of Rs.39,09017 was paid to ABC Bank by Bajaj Finserv, and the home loan got transferred.

After paying her first EMI, Ms. Sudha part-prepaid her home loan without incurring any fees or charges to do so. Now, not only does she pay lower EMIs (Rs.37,723 only) due to the interest cut but also enjoys facilities such as online account access, shorter loan tenure and much more.

Contact Us

Not yet an existing customer?

You can visit our branch or call us at 1800-103-3535 or SMS 'SHOL' to 9773633633

For existing customers

Call us on our toll free IVR

  • Dial 020 3957 4151 (call charges apply) (W.e.f. 2 May 2015)
  • Enter your 7-digit Bajaj Finserv Customer ID
  • Select from various IVR options
  • Access IVR in 10 languages:English, Hindi, Bengali, Marathi, Punjabi, Gujarati, Tamil, Telugu, Kannada and Malayalam
  • Get access to all your loan details

Customer portal

  • For online customer portal click here
  • Log in using your user ID and password
  • Access all loan details
  • Manage your loans
  • View special offers


Write to us at for all your queries.

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Visit our branch

  • Change of mode of payment (swapping)
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  • Refund

To know the address of your nearest branch Click here

Financial Fitness Report

We launched the Financial Fitness Report (FFR) for our Salaried customers in December 2013.
Through this report we would educate and create financial and credit awareness among Salaried customers, one of our many value added services we provide. We have partnered with a firm called Credit Vidya who possesses the expertise in preparing the FFR for our customers.

The FFR is a concise, crisp, customized and easy to understand report, available at just Rs.749, for select existing customers, covering the following:

  • A customers’ Credit Score
  • Demystifying the credit score for the customer and informing him about his performance across various components of the score
  • Key monetary ratios & savings potential which would provide awareness to a customer about his financial leverage
  • Recommendations to the customer with respect to his credit behavior
  • DO’s & DON’T’s of good credit behavior

Click here to view a sample copy of the report

How to Apply

The Financial Fitness Report is only available to select existing customers who have an offer on our Customer Portal.
To view the FFR offer, a customer must log in to the Customer Portal with a Username/Email ID/Mobile Number and Password.

Alternately a Salaried customer could seek information about the FFR from our Sales / Credit Manager during the Personal loan application process. The report for a new customer is priced at 999/-
Post application for a FFR, the report is generated within 3 days post disbursal of the loan and emailed to the customer on the email ID provided by him/her.