Transferring the balance of your home loan to PNB Housing Finance enables you to enjoy low interest rates starting from just 8.50% p.a. Apply for this facility on Bajaj Markets and benefit from an easy online transfer process with minimal documentation. Furthermore, you can repay the loan as per your convenience over extended tenures ranging up to 30 years.
The Home Loan Balance Transfer interest rates and charges applicable with PNB Housing Finance are as follows:
Interest Rate |
8.50% p.a. onwards |
*Disclaimer: The aforementioned details are subject to change at the lender’s discretion
Year | Principal | Interest | Balance |
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Make sure to fulfil the following requirements to be eligible for the facility:
You must fall under the age group of 21 to 70 years
Your net monthly income must be over ₹18,000
You must be either a salaried or a self-employed individual
If salaried, you must have a minimum work experience of 3 years
If self-employed, your business must have a vintage of at least 5 years
Alongside this, you will also be required to submit the following documents:
Identity Proof: Any one of the following
PAN card
Voter ID
Aadhaar card
Address Proof: Any one of the following
Aadhaar card
Passport
Driving licence
Latest degree to validate the educational qualification
Income Proof:
For salaried applicants: Salary slips of the last 3 months and Form 16 of the last 2 financial years
For self-employed applicants: ITR filings of the last 3 financial years
Business proof and existence (for self-employed applicants)
Self-attested copy of the Title Documents of the Property and Approved Plan
Follow these simple steps to apply for the transfer facility on Bajaj Markets:
Click on the ‘Apply Now’ option on this page
Enter your personal, professional, and financial details
Choose ‘PNB Housing Finance’ from the list of lenders
Select the preferred loan amount and repayment tenure
Submit the application form
After this, a representative will contact you for further proceedings.
Borrowers can benefit from low interest rates starting from just 8.50%. p.a. with this balance transfer facility.
The PNB Housing Finance Home Loan Balance Transfer eligibility criteria are as follows:
Your age should fall under the bracket of 21 to 70 years
You must have a net monthly income of more than ₹18,000
If salaried, you should have a work experience of at least 3 years
If self-employed, your business should have a vintage of a minimum of 5 years
Yes you can enjoy extended repayment tenures of up to 30 years with this balance transfer facility.