Transfer home loan to Bajaj Finserv and get an additional top-up loan of up to Rs. 50 Lakh. Move your home loan outstanding balances to Bajaj and Pay lower monthly instalments at lower interest rate of 6.95%*.
You can use our Home Loan Balance Transfer Calculator to compute your savings, as well as your top-up loan eligibility.
Avail top-up loan up to Rs. 50 Lakh with a Home Loan Balance Transfer Apply Now!!
|Home loan balance transfer fees & charges|
|Type of Fees||Charges Applicable|
|Processing Fees||Up to 1%|
|Loan Tenure||Up to 25 Years|
|EMIs per Lakh||Rs. 579*|
|Interest and Principal Statement Charges||NIL|
|PDC Swap Charges||NIL|
|Penal Interest||2% per month + applicable taxes|
|EMI Bounce Charges*||Up to Rs. 3,000/-|
|Loan Statement Charges||Rs. 50|
|Identity proof - Aadhaar, PAN, Voter ID, Driving License, NREGA card, etc.||Yes||Yes|
|Address proof – Aadhaar, passport, Driving License, Voter ID, etc.||Yes||Yes|
|Latest salary slips or Form 16||Yes||No|
|Bank account statement of the previous 6 months||Yes||No|
|Income tax returns of the last year||No||Yes|
|Balance sheet and profit & loss account statement of the previous year||No||Yes|
|Registration certificate of the business||No||Yes|
Fill in your personal details
Fill in your financial details
Fill in your employment details
Fill in your existing property details
View your loan offer
Submit your property details
Pay the secure fee online
Upload your documents
The primary benefit of home loan balance transfer is a lower rate of interest. The facility thus reduces your monthly instalments.
Also, you get to avail a high-value top-up loan up to Rs. 50 Lakh.
Yes, it is beneficial. Refinancing your home loan helps you save on high rate of interest. Additionally, you can avail low home loan interest rate that your current lender does not offer.
No. Refinancing your home loan will not lower your credit score.
It usually takes around 5 to 10 days to switch lenders. You can apply for a Home Loan Balance Transfer from Bajaj Finserv’s official website.
Provide your personal details, financial data, employment details, and existing property information to view your loan offer.
Next, you have to submit your property details, pay the secure fee, and upload the relevant documents to apply for the transfer.
There is no maximum amount that you can transfer. Your entire home loan outstanding balance gets transferred to the new lender.
Yes. Bajaj Finserv provides a high-value top-up loan of Rs. 50 Lakh when you avail the balance transfer facility.
Yes. The repayment tenor can be extended up to a maximum period of 20 years. Do note that at the end of your home loan tenor, your age must not exceed 62 if you are salaried or 70 if you are self-employed.
No. There is no mandatory requirement for a guarantor.
Yes. You can transfer your home loan to another person if you are selling your property to that same individual.