Sammaan Capital Home Loan Balance Transfer

Apply for a home loan balance transfer from Sammaan Capital Limited (formerly known as Indiabulls Housing Finance Limited) on Bajaj Markets. Enjoy low interest rates starting from 8.75% p.a. 

With this facility get extended repayment tenures ranging up to 30 years on your existing loan. Furthermore, you can get additional benefits such as top-up loans, an easy online application process, and zero hidden charges.

The Sammaan Capital home loan balance transfer interest rates and associated charges are as follows:

*Disclaimer: The details mentioned above are subject to change at the lender’s discretion.

It is essential to know the associated charges that can add to your overall borrowed funds. Staying aware of it can help you save considerably and create your strategy accordingly. Some of the Sammaan Capital home loan balance transfer charges you need to be aware of are:

*Disclaimer: The details mentioned above are subject to change at the lender’s discretion.

The property owner needs to be the applicant/co-applicant of the loan to be eligible for the home loan balance transfer facility. Other notable points associated with the eligibility of the facility are:

• The lender will assess your profile to decide the tenure

• They will consider the property’s age at the time of loan maturity

• They will evaluate the customer’s age while setting the tenure

• The loan term does not exceed 30 years

After fulfilling the eligibility criteria, you have to furnish the documents listed below:

• Duly filled and signed application form

• KYC Documents: Proof of name, date of birth, address, signature and identity

• Address Proof: Any of the following:

Passport/Driving Licence/Aadhar Card/Voter ID Card/NREGA Card/Letter issued by NPR with name & address. maintenance bill, electricity bill

• Processing fee cheque
• List of documents mortgaged with the current lender, along with the SOA and the foreclosure Letter
• Property documents: 
  • Sale Deed
  • All other documents as mentioned in the List of documents, letter mortgaged with the current lender. 
• Income Proof: 
  • For Salaried Applicants - Salary slips, Form 16 and bank statement
  • For Self-employed Applicants - ITR, financial statements, and bank statements

Follow these easy steps to apply for a Sammaan Capital Home Loan Balance Transfer on Bajaj Markets:

1. Select the ‘Check Offer’ button on this page

2. You will be taken to the online application form

3. Pick the type of loan you wish to apply for, such as a new home loan, balance transfer, loan against property, or property balance transfer

4. Indicate your occupation by choosing either Salaried or Self-Employed

5. Provide your mobile number to continue with the eligibility assessment

6. Agree to the terms and conditions and authorise the sharing of your information if needed

7. Click ‘Apply Now’ to finalise and submit your application

You can track your home loan application status in four simple steps:

1. Go to the official home loan portal

2. Click on the ‘e-Home Loans’ tab on the top right

3. Select the ‘Application Tracker’ option

4. Enter your mobile number, verify it, and proceed

You can also get the status from the official app of the lender. You will get a notification of each stage to stay updated about your loan application

Sammaan Capital offers multiple ways to access your loan account details, including the balance transfer statement. You can choose from digital or branch-based options according to your convenience:

• Online Portal Access

You can log in to the Sammaan Capital online portal using your registered credentials to view and download your loan statement directly.

• WhatsApp Statement Request

Alternatively, you can send a “Hi” or “Hello” message via WhatsApp to 8929899391 from your registered mobile number to receive the statement digitally.

• Branch Request for Physical Copy

You can also request a physical copy of the statement from the branch. In such cases, a nominal fee of ₹200 applies for the Statement of Account or Amortisation Schedule.

Sammaan Capital provides flexible and convenient options to repay your home loan balance transfer. You can choose the method that best suits your financial needs.

• Equated Monthly Instalments (EMIs)

You can repay your loan through fixed monthly instalments that include both principal and interest. This ensures predictable payments, helping you plan your monthly budget effectively.

• Prepayment Facility

You have the option to repay part or the entire loan before the scheduled due date. Early repayment can significantly reduce the total interest payable over the loan tenure, offering cost savings.

• Flexible Loan Investment Plan

This plan allows you to customise your repayment schedule according to your financial situation. You can adjust instalment amounts or timing, giving you greater control and convenience in managing your loan.

You can make repayments using:

• Cheque or demand drafts
• NACH / e-NACH for automated debits
• RTGS transfers
• NEFT transfers
• Online fund transfers through digital channels