VISA AND FLIGHTS
If you want to go to college in a foreign country, you will have to spend a great deal of money on visas, insurance, and flights. At first, it's hard to figure out how to pay for these costs, and education loans rarely cover them.
COURSE FEE
If you decide to take an extra course or an elective during your course, it could mean a sudden cost. Even though education loans pay for tuition, these other costs are not considered. With the top-up loan on your loan against property balance transfer, you can reach your goals without worrying about the finances.
LIVING EXPENSES
In addition to rent, you will need regular cash flow for groceries, daily commutes and transportation, mobile bills, high-speed internet, and other purchases. These things could be expensive and hard to pay for without a loan.
Features and benefits of our loan against property balance transfer
Features and benefits of Loan Against Property Balance Transfer
Learn about the features and benefits of loan against property balance transfer.
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Low interest rates
Transfer your current loan against property to us and get an attractive interest rate starting from 9% to 14% (Floating rate of Interest) p.a.
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Top-up loan of up to Rs. 10.50 Crore*
By transferring your existing loan against property to us, you can be eligible to get a top-up loan of up to Rs. 10.50 Crore*
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Speedy approval
Get a quick approval on your loan application soon after your document verification.
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Tenure of up to 15 years*
Manage your loan easily with convenient repayment tenure of up to 15 years*.
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Multiple end-use options
Use the loan amount to meet your financial requirements like wedding expenses, medical emergencies, home renovation costs, and more.
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No foreclosure charges*
As an individual borrower with a floating rate of interest, you can make a part prepayment or foreclose the loan without an additional charge.
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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.
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*Terms and conditions apply.
Loan against property EMI calculator
Enter a few details and check your loan against property EMIs.
Eligibility criteria and documents required
Anyone can apply for our loan against property balance transfer 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: Minimum age: 25 years* (18 years for non-financial property owners)
Maximum age: 85 years* (including non-financial property owners)
*Age of the individual applicant/ co-applicant at the time of loan maturity.
*Higher age of co-applicant may be considered up to 95 years basis 2nd generation (legal heir) meeting age norms and to be taken as co-applicant on loan structure.
- CIBIL Score: A CIBIL Score of 700 or higher is ideal to get an approved loan against property balance transfer.
- Occupation: Salaried, self-employed professionals like doctors, and self-employed non-professionals are eligible to apply.
Documents required:
- Proof of identity/ residence
- Proof of income
- Property-related documents
- Proof of business (for self-employed applicants), and
- Account statements for the last 6 months
Note: This is an indicative list that may change based on your actual loan application.
Check your loan against property balance transfer eligibility
Find out how much loan amount you can get.
How to apply for a loan against property balance transfer

Applicable fees and charges
We advise you to read about our fees and charges thoroughly before applying.
Types of fees |
Applicable charges |
Rate of interest (floating rate of interest) |
9% to 14% per annum |
Processing fee |
Up to 3.54% of the loan amount (inclusive of applicable taxes) |
Documentation charges |
Up to Rs. 2,360/- (inclusive of applicable taxes) |
Flexi fee |
Term Loan - Not applicable |
Prepayment charges |
Full prepayment
Part-prepayment
Note: 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. |
Annual maintenance charges |
Term Loan: Not applicable |
Bounce charges |
In case of default of repayment instrument, Rs. 1,500/- per bounce will be levied |
Penal interest |
Penal interest is applicable in the following scenarios: |
Stamp duty (as per respective state) |
Payable as per state laws |
Mandate rejection charges |
Rs. 450/- per month from the first month of due date for mandate rejected by customer's bank until the new mandate is registered |
Broken period interest/ pre-EMI interest |
Broken period interest/ pre-EMI interest shall mean the amount of interest on Loan for the number of day(s) which is(are) charged in two scenarios:
Scenario 2 – Less than 30 days from the date of loan disbursal till the first EMI is charged:
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Mortgage origination fees |
Up to Rs. 6,000/- per property (inclusive of applicable taxes) |
Property insight (if availed) |
Rs. 6,999/- per property (inclusive of applicable taxes) |
Mandate registration charges |
In case of UPI mandate registration, Re. 1 (inclusive of applicable taxes) will be collected from the customer |
Frequently asked questions
Anyone with an existing loan against property can apply for a balance transfer with us. Choose us for low interest rates, top-up loan up to Rs. 10.50 Crore*, and convenient repayment tenure.
Your age, employment status, and city of residence are some of the key standards that you should meet for loan approval.
If you are an Indian citizen, residing in India, between the age group of 25 years to 85 years, or a 25 years* to 85 years* old self-employed Indian, then you are eligible.
*Terms and conditions apply
You can repay the total sum borrowed over a convenient repayment tenure of up to 15 years*.
You are advised to opt for a balance transfer for loan against property when your current loan against property terms are no longer feasible to you. By transferring your loan against property balance to a us, you can be eligible for more affordable interest rates, top-up loan, and also enjoy privileges to revisit your repayment tenure, and more.
When applying for a loan against property balance transfer, you will need a few of the following documents along with the term documents from previous lender:
- Proof of identity/ residence
- Proof of income
- Property-related documents
- Proof of business (for self-employed applicants), and
- Account statements for the last 6 months
These documents will help us verify your profile, the property you have mortgaged, and the loan terms.