DIAGNOSTICS
Detecting an illness is important but modern diagnostic scans and imaging technology can cost upwards of thousands to a lakh or two. This means you may have to touch your savings if you need several tests over the months. A top-up loan can really aid.
HOSPITALISATION EXPENSES
While the bills for your surgery, hospital and prescription drugs are taken care of, your insurance will not pay for simple comfort. A better room in the hospital, special meals, or even a visit from a nutritionist or an outside specialist can become an additional cost to bear.
POST-OPERATIVE CARE
Post-operative care is important in many cases. Whether it may be psychological therapy or physiotherapy, an expert is a necessary requirement, which may lead you to pay a huge upfront fee.
HOUSEHOLD EXPENSES
Medical treatments can sometimes cost a fortune. When a family is undergoing a medical emergency, regular monthly expenses may feel like a burden. A top-loan loan can act as a help in such dire situations.
OPTIONAL TREATMENTS
Aesthetic treatments and other add-on elective surgeries are quickly picking up. From hair transplants to LASIK surgeries, and dental implants to fertility treatments, the cost of such procedures is in lakhs! Instead of dipping into your savings to pay for such treatments, a top-up loan certainly helps.
Features and benefits of our home loan balance transfer
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All you need to know about our home loan balance transfer
Watch this video to know everything about our home loan balance transfer: Features and benefits, fees and charges, eligibility criteria, and more.
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Top-up loan of Rs. 1 Crore*
Self-employed professionals can transfer their existing home loan to us and avail of a top-up loan of up to Rs. 1 Crore*
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Low interest rates
Avail of low interest rates starting from 9.50%* p.a. by refinancing your loan with us. Pay EMIs as low as Rs. 769/lakh*.
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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.
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Tenure of up to 20 years*
Manage your loan comfortably with our long repayment tenure ranging up to 20 years*.
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Foreclosure facility
Self-employed professionals who opt for floating interest rates can make part prepayment or foreclose the entire loan without an additional fee.
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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.
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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.
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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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*Terms and conditions apply
Home loan balance transfer EMI calculator
Enter a few details and check your home loan balance transfer EMIs.
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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Frequently asked questions
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 9.50%* p.a., more convenient terms, and a sizeable top-up loan of Rs. 15 Crore for other financial needs.
A home loan top-up is additional financing available when you switch your home loan to Bajaj Finserv. Transfer your current home loan to us and receive a top-up loan of Rs. 15 Crore.
The loan has no end-use limitations, which means you can use the amount for anything, from home renovation or interiors or wedding to even paying for emergency medical bills.
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.
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
Typically, switching to a lender via 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.
