Balance Transfer and Top Up
What is Balance Transfer?
Balance Transfer Rates starts from as low as
Personal Loans - 10.49%*Home Loans - 8.05%*
With minimal processing fee starting from as low as ₹5,400 + GST
Why should you transfer your existing loan?
Transfer of existing loans to a different bank comes with attractive lower Rate Of Interest as a loan repayor you have the facility of having to pay the same loan amount with less ROI [Rate Of Interest] / Lesser EMI [Equated Monthly Instalments].
Whether to improve your home’s house renovation and repair, Top up Loan on Home Loan or Personal Loan becomes the ultimate financing option. You can also utilise this top up amount to meet other expenses such as funding your marriage costs, expenses for repaying other loans which is of short tenor (as you will be paying higher EMIs), travelling abroad, children’s education in International Universities, and many more. Transfer your Home loan balance and get Top up loan up to Rs. 50 Lakh* with attractive features and benefits make it a compelling funding option.
Balance transfer is available for all types of loans. Some of the most popular loans are:
- Home Loans.
- Personal Loans.
- Business Loans.
- LAP [Loan Against Property].
FAQ’s
Yes , any kind of loans are eligible for transfer and top up.
2. What is the minimum period that I must have repaid the loan to apply for this?
You must have repaid your loan for a period of 6 months.
3. Is the process of applying tough and lengthy?
Since loan is already sanctioned by a bank, balance transfer process shall be done with very minimal documents*.
4. Is top up mandatory ?
No, Top Up is optional.
