What is Home Loan Balance Transfer?
                     What is Home Loan 
Balance Transfer? 
What is Home Loan Balance Transfer?
Balance transfer of a home loan happens when the entire 
unpaid principal loan amount is transferred to some another 
lender or financial institution for a lower rate of interest. 
What are the benefits of housing loan transfer? 
▪ Get  home loan transfer service at a lower interest rate of 
8.55%*.
▪ Get an additional top-up loan of up to Rs. 50 Lakh on 
transferring your existing home loan.
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Key Features of 
Home Loan 
Transfer
When you opt for balance transfer 
service from reputed lenders such 
as Bajaj Finserv, you get these 
benefits - 
▪ Foreclosure facility
▪ Part-prepayment facility
▪ Manage your account online
▪ Customised insurance schemes
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Eligibility Criteria for Home Loan Transfer
These are the eligibility criteria for home loan transfer facility-
▪ Your property/house must be ready to occupy or already 
occupied.
▪ You must have paid more paid more than 12 loan equated 
monthly installments (EMIs).
▪ You should not have any outstanding dues on your 
existing housing loan.
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FAQ about Home Loan Transfer
▪ Is refinancing home a beneficial idea?
Yes, it is beneficial. Refinancing your current home loan helps you to get low 
rate of interest on home loan that your current lender does not offer.
▪ Does refinancing hurt your credit score?
No. Refinancing your home loan will not lower your credit score.
▪ Do you require a guarantor for home loan transfer?
No. There is no mandatory requirement of a guarantor.
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THANKS!
ANY QUESTIONS?
Get in touch with Bajaj 
Finserv at - 1800-103-3535
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