Home Loan Balance Transfer Top-up for Doctors for Clinic Renovation

As a doctor, you need to ensure that your patients feel at ease at your clinic. A well-equipped dispensary, bright examination rooms, and comfortable waiting areas are essential facilities for a healthcare set-up. With a top-up loan of up to Rs. 1 crore* or higher with your home loan balance transfer, you can easily manage these upgrades.



Renovating a clinic comes with a hefty expense. From procuring the raw material and labour to hiring an architect for a new layout, there are expenses at every stage.



Instead of sending your patients elsewhere for scans and tests, run diagnostic tests in-house. Patients who appreciate the convenience of on-site lab testing are more likely to return to your care.



Keep up with the latest developments in medicine so you can offer your patients the best care possible. Replace your clinic's outdated machinery if you wish to grow your services.



To make your patients feel at ease, you must provide them with a relaxed sitting arrangement. Moreover, you may want to add comfortable rooms for patients in critical condition to rest while they wait for an appointment.



While your current clinic is being renovated, you may want to set up a temporary base. Use a rented office to conduct check-ups. Get a top-up loan to pay for your renovation as well as pay the rent of your temporary workplace.

Features and benefits of our home loan balance transfer

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

    Top-up loan of up to Rs. 1 crore* or higher

    Self-employed doctors can transfer their existing home loan to us and avail of a top-up loan of Rs. 1 crore* or higher, based on your eligibility.

  • Low interest rates

    Low interest rates

    Avail of low interest rates starting from 8.70%* p.a. by refinancing your loan. Pay EMIs as low as Rs. 819/lakh*.

  • No restrictions on top-up use

    No restrictions on top-up use

    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 25 years*

    Tenure of up to 25 years

    Manage your loan comfortably with our long repayment tenure ranging up to 25 years.

  • Foreclosure facility

    Foreclosure facility

    Self-employed doctors who opt for floating interest rates can make part prepayment or foreclose the entire loan without paying 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.

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Home loan balance transfer EMI calculator

Home loan balance transfer EMI calculator

Enter a few details and check your home loan balance transfer EMIs.

Eligibility criteria and documents required

Anyone can apply for our home loan balance transfer 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: As an applicant, you 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.
  • Employment status: As a self-employed doctor, you must hold an MBBS or subsequent higher degree. You should also have a business continuity of over 5 years in your current practice.

Documents required:

  • KYC documents (identity and address proof)
  • Proof of income (P&L statement & ITR)
  • Property-related documents such as the title deed of the property
  • Proof of medical practice existence
  • Account statements for the last 6 months

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

Check your home loan balance transfer eligibility

Check your home loan balance transfer eligibility

Find out how much loan amount you can get.

How to apply for a home loan balance transfer

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

  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.

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%

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


Part-prepayment charges


Foreclosure charges


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.

Frequently asked questions

What is a home loan balance transfer?

When you transfer an existing home loan from one lender to another, you are doing a home loan balance transfer. With Bajaj Finserv, this facility allows you to get low interest rates starting at 8.70%* p.a. more convenient terms and a sizeable top-up loan of up to Rs. 1 crore* or higher for other financial needs.

What does a top-up loan mean?

A home loan top-up is additional financing available when you transfer your home loan to Bajaj Finserv. Refinance your current home loan with us and avail of a top-up loan of up to Rs. 1 crore* or higher.

The top-up loan has no end-use limitations, which means you can use the amount for anything, from the home renovation or interiors or weddings to even paying for emergency medical bills.

When can I apply for a home loan balance transfer?

You can apply for a home loan balance transfer after paying off 6 monthly instalments to your current lender. When applying, you must not have outstanding dues on your present loan.

What is the maximum loan amount that can be transferred?

There is no limit on the balance transfer amount with the home loan balance transfer facility. The loan amount sanctioned is based on your income profile, CIBIL Score, and the value of your home.

How long does it take to change the home loan lender?

Typically, switching to a lender through a home loan balance transfer takes 5 to 10 days. This duration is also affected by how fast you receive the foreclosure letter and other documents from your current lender.

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