Home loan balance transfer & top-up loan eligibility and documents

Read on to know the criteria required to apply for our home loan balance transfer & top-up loan.

Eligibility criteria and documents required

Anyone can apply for our home loan balance transfer & top-up loan facility as long as they meet the criteria mentioned below.

Eligibility criteria

  • Nationality: You must be an Indian citizen residing in India with property in a city we operate in.
  • Age: A salaried/ professional applicant must be between 23 years to 70 years, and a self-employed professional must be between 23 years to 70 years.
    *The upper age limit is considered as the age at the time of loan maturity.
  • CIBIL Score: A CIBIL Score of 725 or higher is ideal to get your home loan balance transfer approved.
  • Occupation: salaried employee, a professional individual, and a self-employed individual.

Documents required:

  • KYC documents (identity and address proof)
  • Proof of income (salary slips or P&L statement)
  • Proof of business (for self-employed applicants), and
  • Account statements for the last 6 months

Note: This is an indicative list that may change based on your actual loan application.

More details

You can apply for a home loan balance transfer easily if you fall under the eligible age range and have a CIBIL Score of 725 or above.

The Bajaj Finserv Home Loan Balance Transfer facility is available in most Indian cities at lower interest rates. If you are a salaried professional, a self-employed individual, or a doctor, you can simply transfer your existing home loan to us.

Any eligible applicant can apply as long as they match the right income profile, and can provide proof of income or business when applying for the loan. If your documents get verified, your loan amount will get approved in no time.

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

How to apply for a home loan balance transfer & top-up loan

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

  1. Click on the 'APPLY' button on this page.
  2. Enter your full name, mobile number, your 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.