✓ Loan Against Property Balance Transfer Facility ✓ Multiple Lending Partners ✓ Interest Rates Starting @ 9.24% Check Eligibility

Save on repayment costs by transferring the balance of your existing loan against property to PNB Housing Finance, now available on Bajaj Markets. Opt for this facility and benefit from affordable interest rates starting at just 9.24% p.a. You can also repay the loan over extended tenures ranging up to 25 years.

Interest Rates and Charges

The PNB Housing Finance Loan Against Property Balance Transfer interest rates and charges are as listed below:

Interest Rate

9.24% p.a. onwards (for salaried and self-employed applicants)

Processing Fee

1% of the loan amount

Foreclosure Charges

4% of the outstanding loan amount + GST

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

Features and Benefits

Nominal Interest Rates

Enjoy interest rates starting as low as 9.24% p.a.

Flexible Repayment Tenure

Repay the loan at your convenience over extended tenures of up to 25 years

Hassle-free Transfer Process

Transfer your loan through an easy online process without submitting any additional documents

Complete Transparency

Enjoy a seamless transfer process without having to pay any hidden fees or charges

Eligibility Criteria and Documents Required

Fulfil the following criteria to be eligible for this loan against property balance transfer facility offered by PNB Housing Finance:

  • You must fall under the age bracket of 21 to 70 years

  • You should have a net monthly income of at least ₹18,000

  • If salaried, you must have a work experience of at least 3 years 

  • If self-employed, you must have a business vintage of at least 5 years
     

Furthermore, you will also be required to furnish the documents listed below when applying for this facility:

  • Identity Proof: Any one of the following

    1. PAN card

    2. Voter ID

    3. Aadhaar card

  • Address Proof: Any one of the following

    1. Aadhaar card

    2. Passport

    3. Driving licence

  • Income Proof:

    1. For Salaried Applicants: Salary slips of the last 3 months and Form 16 of the last 2 years

    2. For Self-employed Applicants: Certificate and proof of business existence, along with ITR filings of the last 3 financial years

  • Latest degree to validate your educational qualification

  • Self-attested copy of the title documents of the property and the approved plan

How to Apply?

Apply for this balance transfer facility on Bajaj Markets through the following steps:

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

  • Enter your basic personal details

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

  • Check the offer available with this transfer

  • Provide details of the property mortgaged and the required loan amount

  • Evaluate the loan details, like the net disbursal amount and all associated charges

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

LAPBT

FAQs

When can I apply for a loan against a property balance transfer from PNB Housing Finance?

When you want to get lower interest rates or extend your loan tenure, opting for a balance transfer facility can be a great option. You can initiate a balance transfer only after the lock-in period of your existing loan is completed. Make sure to check the terms and conditions of the transfer with the lender prior to applying for it.

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