Home loan balance transfer fees and charges for salaried individuals

Go through all the fees and charges applicable before applying for a home loan balance transfer.

Applicable fees and charges

We advise you to read about our fees and charges thoroughly before applying.

Type of fee

Applicable charges

Rate of interest for balance transfer

8.70%* to 15.00%* p.a.

Rate of interest for top-up loan

9.80%* to 18.00%* p.a.

Processing fees

Up to 4% of the loan amount + GST as applicable

Bounce charges

For loan amounts up to Rs. 15 lakhs: Rs. 500

For loan amounts from Rs. 15,00,001 to Rs. 30,00,000: Rs. 1,000

For loan amounts from Rs. 30,00,001 to Rs. 50,00,000: Rs. 1,500

For loan amounts from Rs. 50,00,001 to Rs. 1,00,00,000: Rs. 2,000

For loan amounts from Rs. 1,00,00,001 to Rs. 5,00,00,000: Rs. 3,000

For loan amounts from Rs. 5,00,00,001 to Rs. 10,00,00,000: Rs. 5,000

For loan amounts more than Rs. 10 crores: Rs. 10,000

Penal charge

Click here to know about the penal charges.

Secure fee

Up to Rs. 10,000 + GST as applicable

Interest and principal statement charges

NIL

Part-prepayment charges

NIL

Foreclosure charges

NIL

Hard Copy Loan Statement Charges

Up to Rs. 500 per request + GST as applicable


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 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, 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.