Features and benefits of our loan against property balance transfer

Read on to know why our loan against property balance transfer is a great option.

Features and benefits of our loan against property balance transfer


All you need to know about our loan against property balance transfer

Watch this video to know everything about our loan against property balance transfer: Features and benefits, fees and charges, eligibility criteria, and more.

  • Balance transfer of up to %$$LAPBT-TOPUP-AMOUNT-LAPBT$$%

    Balance transfer of up to Rs. 10.50 Crore*

    Be eligible for a balance transfer of up to Rs. 10.50 Crore* on transferring your existing loan to us.

  • Low interest rates

    Low interest rates

    Self-employed individuals can access competitive interest rates ranging from 8% to 14% (Floating rate of Interest) p.a.

  • Multiple end-use options

    Multiple end-use options

    Use the loan to manage your big spends on weddings, higher education, medical emergencies, home renovation, and more.

  • Tenure of up to

    Tenure of up to 15 years*

    Manage your loan conveniently with a long repayment tenure of up to 15 years*.

  • Speedy approval

    Speedy approval

    Get a quick approval on your loan application soon after your document verification.

  • No foreclosure fee*

    No foreclosure fee*

    If all borrowers and co-borrowers are individuals, loan availed on floating interest rates, and loan taken for purposes other than business use, then there will be no foreclosure/ part-prepayment charges.

  • Externally benchmarked interest rates

    Externally benchmarked interest rates

    You can opt for an interest rate, which is linked to an external benchmark, such as the Repo Rate, and benefit from a transparent interest rate process and favourable market conditions.

  • *Terms and conditions apply

    A property mortgaged as collateral is used to obtain a loan known as a loan against property (LAP). If, in any case, you feel that you need to change your loan against property lender, then you can make a balance transfer. Along with better terms and competitive interest rate, you also get a desirable repayment tenure. With the Bajaj Finserv Loan Against Property Balance Transfer, you also get a top-up on your existing loan. This top-up loan can be up to Rs. 10.50 Crore*.

    Any self-employed individual borrower can easily apply for our loan against property balance transfer. If you are prepared with the necessary paperwork, our application process is quick and simple, and you can submit a loan request in 5 minutes.

    Pre-payment and foreclosure options are also available, both of which are free of charge. If you are an individual borrower with a floating interest rate, there are no penalties for paying off your loan early.

    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 loan against property balance transfer

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Step-by-step guide to apply for our loan against property balance transfer

  1. Click on the 'APPLY' button on this page.
  2. Enter your full name, mobile number, and pin code, and choose ‘Self-employed’ as the employment type.
  3. Now select the type of loan you wish to apply for.
  4. Generate and submit your OTP to verify your phone number.
  5. Upon OTP verification, enter additional details like your monthly income, required loan amount, and if you have identified the property.
  6. In the next steps, enter your PAN number and any other details as requested depending on your selected occupation type.
  7. Click on the ‘SUBMIT’ button.

That is it! Your balance transfer request is submitted. Our representative will connect with you and guide you through the next steps.