✓ Home Loan Balance Transfer Facility ✓ Multiple Lending Partners ✓ Interest Rates Starting @ 8.50% Check Eligibility

If you are looking to save some money on your existing home loan, consider a transfer with Bajaj Housing Finance. You can now apply for this facility on Bajaj Markets and benefit from affordable interest rates starting from 8.95% p.a. Enjoy extended repayment tenures of up to 30 years and get additional funding with a top-up loan if required.

Interest Rates and Charges

Here are the interest rates and charges applicable to these balance transfers that you should know about:

Interest Rate

8.95% p.a. onwards

Foreclosure Charge 

  • Nil for an individual borrower with a loan on a floating rate (greater than 1 month)

  • 4% + GST for a non-individual borrower with a loan on a floating rate (greater than 1 month)

  • 4% + GST for all borrowers with a loan on a fixed rate (greater than 1 month)

Prepayment Fees

  • Nil for an individual borrower with a loan on a floating rate (greater than 1 month)

  • 2% plus GST for a non-individual borrower with a loan on a floating rate (greater than 1 month)

  • 2% plus GST for all borrowers with a loan on a fixed rate (greater than 1 month)

*Disclaimer: The interest rates and charges mentioned above are subject to change at the lender’s discretion

Bajaj Housing Finance Home Loan Balance Transfer EMI Calculator

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Home Loan Balance Transfer
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Amortization Schedule
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Features and Benefits

Low Interest Rates

Enjoy lower interest rates starting from just 8.95% p.a. 

Flexible Repayment

Repay the loan over extended loan tenures of up to 30 years

Loan Top-up Facility

Get a top-up loan without having to submit any extra documents

Eligibility Criteria and Documents Required

Make sure to meet the criteria listed below to be eligible for the balance transfer facility:

  • If salaried, you must fall under the age bracket of 23 to 62 years

  • If self-employed, you must fall under the age bracket of 25 to 70 years

  • The balance loan amount you wish to transfer should range between ₹5 Lakhs to ₹2.5 Crores

  • You must be an Indian citizen

 

Alongside this, ensure to keep the following documents handy:

  •  Address Proof: Any one of the following
  1. Aadhaar card

  2. Passport

  3. Driving licence

  • Identity Proof: PAN card or Voter ID 

  • Bank statements of the last 6 months

  • Income Proof:

    1. For salaried applicants: Form 16 or the latest salary slip 

    2. For self-employed applicants: Profit and Loss statement of the last 2 years

 

Business vintage proof like Certificate of Incorporation, Shop Act, etc. (applicable only for self-employed individuals)

How to Apply?

To apply for this balance transfer facility on Bajaj Markets, follow these simple steps:

  • Click on the ‘Apply Now’ option on this page

  • Enter your personal, professional, and financial information

  • Select ‘Bajaj Housing Finance’ from the list of lenders

  • Choose your preferred loan amount and tenure

  • Submit the online application form

  • Following this, a representative will reach out to you for further proceedings.

BSDA Account

FAQs

Can I go for a top-up loan once I have transferred my loan to Bajaj Housing Finance?

Yes, you can get a top-up loan post the transfer of home loan balance to Bajaj Housing Finance.

What is the interest rate that I can get with to Bajaj Housing Finance home loan balance transfer facility?

Enjoy low interest rates starting from just 8.95% p.a. with the Bajaj Housing Finance Home Loan Balance Transfer facility.

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