Bajaj Housing Finance Home Loan Balance Transfer

With the balance transfer loan facility, you can now get lower interest rates on your existing loan. For many, this can be a smart option to lower the interest outgo on a home loan. Here, facilities like the Bajaj Housing Finance Home Loan Balance Transfer are a smart choice to consider. 

With it, you can transfer your existing loan balance from one lender to Bajaj Housing Finance Limited and avail more favourable terms. Read on to know more about the benefits of Bajaj Housing Finance Home Loan Balance Transfer and how you can avail of this facility.

Bajaj Housing Finance Home Loan Balance Transfer Interest Rates and Charges 2023

Bajaj Housing Finance offers competitive interest rates on home loan balance transfers. Moreover, you also get to enjoy lower associated charges and fees. The following table showcases Bajaj Housing Finance home loan balance transfer rate of interest and charges:

**Disclaimer: The interest rate, foreclosure, and pre-payment charges are subject to change as per Bajaj Finance Housing Limited. Double-check the details from the official website of the lender before applying.

Compare Bajaj Housing Finance Home Loan Balance Transfer Interest Rates

Bajaj Markets allows you to apply for Home Loan Balance Transfer to Bajaj Housing Finance and other partner lenders. 

The following table presents the interest rates offered by Bajaj Housing Finance Limited and other lenders offering this provision on Bajaj Markets. This will help you to compare and find the best-suited lending option:

Disclaimer: Above-mentioned interest rates are subject to change at the lender’s discretion. 

Bajaj Housing Finance Home Loan Balance EMI Calculator

With the Bajaj Housing Finance Home Loan balance transfer EMI calculator, you can determine how much you can save by transferring your existing loan. 

All you have to do is enter the details of your existing loan and the balance transfer offer from Bajaj Housing Finance Limited. 

Bajaj Housing Finance Home Loan Balance Transfer Eligibility Criteria

To apply for the Home Loan Balance Transfer Facility, you need to fulfil the eligibility criteria. Here are the details: 

• You must be an Indian citizen

• Salaried individuals between the age of 23 to 62 are eligible and can apply for a home loan balance transfer

• Self-employed individuals between the age of 25 to 70 are eligible and can apply for a home loan

• Home loan amount you can apply for: minimum ₹5 Lakhs and maximum ₹2.5 Crores

Documents Required for Bajaj Housing Finance Home Loan Balance Transfer

The following are the documents required for the Bajaj Housing Finance Home Loan balance transfer:

• Address Proof – Aadhaar Card/Passport/Driving License

• Identity Proof – PAN Card/Voter ID Card 

• Form 16 or the latest salary slip (for salaried individuals)

• Profit and Loss statement of last 2 years (for self-employed individuals)

• 6 months’ bank account statement

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

How to Apply for a Bajaj Housing Finance Home Loan Balance Transfer?

If you wish to apply for the Bajaj Housing Finance Home Loan balance transfer, follow these steps to enjoy your home loan at cheaper interest rates:

• Step 1: Visit the official website of Bajaj Markets

• Step 2: Scroll to the ‘Loans’ button, hover over “Home Loan Balance Transfer” and select the “Apply for Home Loan Transfer” option 

• Step 3: Fill out the application form with your personal, financial, and employment details 

• Step 4: Select Bajaj Housing Finance Limited as your preferred lender  

• Step 5: Enter the loan amount and the repayment tenure

• Step 6: An executive will contact you for further proceedings if you meet the eligibility requirements and the application is approved