L&T Finance Home Loan Balance Transfer

Save on your repayment costs by opting for a home loan balance transfer offered by L&T Finance on Bajaj Markets. Through this facility, you can benefit from lower interest rates starting from just 8.65% p.a. and extendible repayment tenures of up to 25 years. You can also meet any additional financial requirements with the top-up loan option, available with this transfer.

L&T Finance Home Loan Balance Transfer interest rates and charges are as follows:

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

Fulfil the criteria listed below to be eligible for this facility:

• You must have a repayment track record of at least 12 months

• You must fall under the age bracket of 23 to 62 years

• Only loans from approved financial institutions may be transferred

• The balance transfer facility is available only for residential properties

• You should have the Title document’s ownership 

Alongside this, you should also keep the following documents handy for a streamlined application process:

• Customer Undertaking - To provide original documents to L&T Finance within 20 days, from the date of disbursement

• Letter of Authority - To authorise the lending institute’s representative to collect the original mortgage release letter and title documents for you, from the previous lender

• Irrevocable power of attorney (POA) - In favour of the empanelled lawyer of L&T Finance

Follow these simple steps to apply for this balance transfer facility:

• Click on the ‘Apply Now’ option on this page
• Fill in your personal and income details
• Select ‘L&T Finance’ from the list of lenders
• Enter the required loan amount and the preferred tenure
• Click on ‘Submit’
• After this, a representative will reach out to you for further proceedings.