Vridhi Home Finance Home Loan Balance Transfer

The Vridhi Home Finance Home Loan Balance Transfer is designed to make shifting your existing loan more cost-effective and convenient. It offers lower interest rates, reduced EMI obligations, and flexible repayment options, enabling greater savings and improved financial management. 

• Affordable Interest Rates

Enjoy competitive interest rates starting from 12% p.a. with this facility. 

• Flexible Tenure

Choose from a repayment tenure ranging up to 12 years with a home loan balance transfer. 

• Easy Transfer

Benefit from a convenient online loan transfer process from the comfort of your home. 

• Minimal Pre-closure Charges

Opt for a foreclosure facility at a minimal charge of 5%.

Any salaried or self-employed individual can apply for this facility. To be eligible for a home loan balance transfer, ensure that your combined EMIs are not more than 50% of your salary.

In addition to this, keep the following documents handy:

• Passport

• Driving licence

• Address Proof: Any one of the following

  • Aadhaar card

  • Passport

  • Driving license

  • Utility bill

• Age Proof: Any one of the following

  • PAN card

  • Passport

  • Voter ID

  • Driving license

  • Birth certificate

  • School leaving certificate (10th)

• Income Proof: Salary slips and bank account statements of the last 3 months 

• Bonus Proof: Of the last 2 years or variable incentive pay within the last 6 months

• Employment Proof: Any one of the following 

  • Form 16 

  • Joining date on the salary slip

  • Appointment letter

You can follow these simple steps to apply for the balance transfer facility on Bajaj Markets:

1. Click on ‘Check Offer’ on this page

2. You will be directed to the online application form

3. Choose your profession (Salaried Employee or Business Owner)

4. Enter your mobile number to continue with the eligibility check

5. Agree to the terms of use and authorise the sharing of details as required

6. Click on ‘Apply Now’ to submit your application

Post this, a representative will contact you for further proceedings.

ridhi Home Finance offers a convenient way to track the status of your Home Loan Balance Transfer application online. By using your registered details, you can access real-time updates. Follow the steps below: 

1. After submitting your application, you receive a unique Application Reference Number

2. Visit the Vridhi Home Finance website

3. Click on the ‘CUSTOMER PORTAL’ under the ‘CUSTOMER CORNER’  section at the top right

4. Enter your registered mobile number and log in

5. Enter your Application Reference Number to check the application status

6. You can also track updates through the Vridhi Home Finance Mobile App or by contacting customer care

Vridhi Home Finance provides convenient access to loan account statements for balance transfer through multiple channels. Statements are generally issued annually, but can also be requested as needed.

• Branch Visit: Collect your loan account statement from the nearest branch, typically issued within 3 working days

• Customer Care Call: Contact customer support at 8367101101 to request your statement

• Email Support: Send your loan details to care@vridhihomefinance.co to receive the statement by email

• Website: Submit a request via the official website www.vridhihomefinance.com

Annual Statement: Issued automatically every year by 30th April for all active accounts

Vridhi Home Finance provides flexible repayment options for managing EMIs. These modes promote timely payments and help minimise the risk of delays or penalties.

• eNACH/NACH Mandate

Register an electronic mandate by submitting your loan and bank details through email or at the nearest branch. EMIs are auto-debited on the due date, ensuring seamless repayment.

• Prepayment Facility

Repay the loan amount partially or in full before the tenure ends. Prepayment charges may apply as per the loan agreement, so it is recommended to confirm with the loan officer.

• Missed EMI Assistance

In case of a missed EMI, contact the customer service team immediately. Vridhi offers structured solutions to help regularise payments and prevent additional charges.