Home loan balance transfer eligibility and documents for self-employed individuals

Read on to know the criteria required to apply for our home loan balance transfer.

Eligibility criteria and documents required

Anyone can apply for our home loan balance transfer & top-up loan 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: As a self-employed applicant, you must be between 23 years to 75 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.
  • Employment status: As a self-employed applicant, you should have a business continuity of over 5 years in the current business.

Documents required

  • KYC documents (identity and address proof)
  • Proof of income (P&L statement)
  • Proof of business existence, 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

Applying for a home loan balance transfer is very easy if you fall within the eligible age limit and income profile. If you want to refinance your home loan, you should have a CIBIL Score of 725 or above.

Any Indian citizen can easily apply for our home loan balance transfer. Any self-employed individual between the ages of 23 years to 70 years may apply as long as they match the required income profile.

We offer home loans in the majority of Indian cities at low interest rates.After fulfilling certain requirements, a self-employed individual can easily apply for a home loan balance transfer with us. After the documents provided by you are verified, your final loan amount is approved. You can also avail the top-up loan facility with our home loan balance transfer.

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

Video Image 00:40

Step-by-step guide to apply 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, 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.