Features and benefits of our home loan balance transfer & top-up loan
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Features and benefits of our home loan balance transfer & top-up plan
Here is everything you need to know about our home loan balance transfer & top-up loan
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Top-up loan up to Rs. 1 crore* or higher
Transfer your existing home loan to us and avail of a top-up loan of up to Rs. 1 crore* or higher.
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Low interest rates
With our low interest rates starting at 8.50%* p.a., refinance your home loan and pay EMIs as low as Rs. 819/lakh*.
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No restrictions on top-up use
Use the loan amount up to Rs. 1 crore* or higher to manage situations like medical emergencies, home repairs, education, and any other pressing needs.
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Convenient tenure
Repay the top-up home loan over a long tenure of up to 25 years* and manage your finances comfortably.
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Foreclosure facility
Individual borrowers with a floating rate of interest can make a part prepayment or foreclose the entire loan without paying an additional fee.
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Minimal documentation
Balance transfer process on home loans can be lengthy. We keep our document requirements to a minimum, ensuring a hassle-free process.
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Externally benchmarked loans
Choose an interest rate linked to an external benchmark, such as the Repo Rate, and benefit during favourable market conditions.
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Online account management
You can easily access your loan status and EMI schedule online, and download your statement of account, and other documents on our customer portal - My Account.
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*Terms and conditions apply
The process of moving the remaining balance on a home loan from one lender to another is called a home loan balance transfer. One chooses to transfer their loan to take advantage of reduced interest rates or more favourable terms. If you choose to opt for a loan transfer with Bajaj Finserv, your outstanding loan amount with your previous lender is cleared and you will then have to repay your loan with Bajaj Finserv.
Our home loan balance transfer comes with a host of benefits like competitive interest rates, flexible repayment tenure, and numerous other advantages.
It does not matter if you are a self-employed person, a doctor, or a hired professional, we make it simple for each individual borrower to submit an application for our home loan balance transfer. If you have all of the necessary paperwork on hand, you may complete our quick and easy application process to make a request for refinancing your loan in as little as 5 minutes.
There is also the choice of prepayment and foreclosure. There are no fees associated with prepaying a loan if you are a single borrower with a variable interest rate. This can be done without incurring any additional costs.
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How to apply for a home loan balance transfer & top-up loan
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