Features and benefits of our home loan balance transfer for self-employed individuals

Read on to know why our home loan balance transfer is a great option.
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Features and benefits of our home loan balance transfer & top-up loan

Features and benefits of home loan balance transfer and top-up 00:38 ‌

Features and benefits of home loan balance transfer and top-up

Here is everything you need to know about home loan balance transfer and top-up.

  • Top-up loan of

    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

    Low interest rates

    Avail of low interest rates starting from 9.50%* p.a. by refinancing your loan with us.

  • No restrictions on top-up usage

    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*

    Tenure of up to 20 years

    Manage your loan comfortably with our long repayment tenure ranging up to 20 years.

  • Foreclosure facility

    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

    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

    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

    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

    A home loan balance transfer is a credit option that allows you to transfer your current balance to a new lender. This choice is typically driven by the availability of better loan terms from a different lender, such as lower interest rates, longer repayment terms, lower processing fees, etc. This option is helpful in emergency situations because it can lower your EMI or the overall interest expense you must pay.

    Any self-employed applicant can easily apply for our home loan balance transfer. Our application procedure is quick and easy, and you can submit a loan request in just five minutes if you are prepared with the required documentation. If you are a self-employed individual borrower with a floating interest rate, there are no prepayment penalties associated with your loan.

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

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

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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.