If you are looking to save some money on your existing home loan, consider a transfer with Bajaj Housing Finance. You can now apply for this facility on Bajaj Markets and benefit from affordable interest rates starting from 8.95% p.a. Enjoy extended repayment tenures of up to 30 years and get additional funding with a top-up loan if required.
Here are the interest rates and charges applicable to these balance transfers that you should know about:
Interest Rate |
8.95% onwards |
Foreclosure Charge |
|
Prepayment Fees |
|
*Disclaimer: The interest rates and charges mentioned above are subject to change at the lender’s discretion
Year | Principal | Interest | Balance |
---|
Make sure to meet the criteria listed below to be eligible for the balance transfer facility:
If salaried, you must fall under the age bracket of 23 to 62 years
If self-employed, you must fall under the age bracket of 25 to 70 years
The balance loan amount you wish to transfer should range between ₹5 Lakhs to ₹2.5 Crores
You must be an Indian citizen
Alongside this, ensure to keep the following documents handy:
Aadhaar card
Passport
Driving licence
Identity Proof: PAN card or Voter ID
Bank statements of the last 6 months
Income Proof:
For salaried applicants: Form 16 or the latest salary slip
For self-employed applicants: Profit and Loss statement of the last 2 years
Business vintage proof like Certificate of Incorporation, Shop Act, etc. (applicable only for self-employed individuals)
To apply for this balance transfer facility on Bajaj Markets, follow these simple steps:
Click on the ‘Apply Now’ option on this page
Enter your personal, professional, and financial information
Select ‘Bajaj Housing Finance’ from the list of lenders
Choose your preferred loan amount and tenure
Submit the online application form
Following this, a representative will reach out to you for further proceedings.
Yes, you can get a top-up loan post the transfer of home loan balance to Bajaj Housing Finance.
Enjoy low interest rates starting from just 8.95% p.a. with the Bajaj Housing Finance Home Loan Balance Transfer facility.