✓ Home Loan Balance Transfer Facility ✓ Multiple Lending Partners ✓ Interest Rates Starting @ 8.50% Apply Now

Shriram Housing Finance is one of India’s leading home loan financiers. They started out with the aim of making housing finance affordable. One of their main offerings is Home Loan Balance Transfer, which allows borrowers to transfer their outstanding home loan balance from one lender to Shriram Housing Finance for a number of reasons like better interest rates, better terms, etc.


Shriram Housing Finance Home Loan Balance Transfer makes it easy for you to transfer your home loan balance by simplifying the entire process with minimal documentation and flexible repayment options. 


Making use of the Shriram Housing Finance Home Loan Balance Transfer facility is now easier than ever, with Bajaj Markets. You can get your home loan balance transferred through the Bajaj Markets app or website from the comfort of your home. 

Shriram Housing Finance Home Loan Balance Transfer Interest Rate 2023



Interest Rate

11.50% p.a. onwards

Loan tenure

Up to 300 months repayment tenure (subject to your retirement age)

Processing Fee

  • Processing Fee: Up to 2.5% of the loan amount plus applicable taxes
  • Foreclosure Charges: - For Individual Borrowers – Nil for Floating Rate Loans; as per MITC for Fixed Rate

Features & Benefits

Attractive Interest Rates

You can transfer your outstanding home loan balance at nominal interest rates i.e. 11.50% p.a. onwards.

Minimal Documentation

You only need to submit a few documents to transfer your home loan balance.

Simple Transfer process

The transfer process is simple, only takes a couple steps and requires no extra documentation. 

Hassle-free Online Process

You can conveniently transfer your home loan balance online on Bajaj Markets.

Flexible Repayment Options

The repayment tenure can go up to 300 months, making the payment process simple and stress-free.

No Hidden Charges

You are guaranteed complete transparency throughout the loan application process. You can rest assured that there will be no prepayment charges involved.

Shriram Housing Finance Home Loan Balance Transfer Eligibility

Here’s the eligibility criteria for applying for a housing loan with Shriram Housing Finance. 


  • You must be a salaried individual, or a self-employed professional/non-professional or non-individual entity.

  • You must be over 24 years of age when applying and below 70 years of age at the time of loan maturity.

  • Your monthly income must be over ₹30,000.

  • If you’re a salaried applicant, work experience of minimum 2 years is mandatory. Alternatively, if you’re a self-employed applicant, you must have had a business venture for at least 3 years.

Documents Required

Here are some documents that you would need in order to get started with your home loan application process: 

  • Completed Loan Application

  • Proof of Identification

  • Driving licence

  • Ration card

  • Passport

  • PAN card

  • Voter’s ID card

  • Employee ID

  • Bank passbook

  • Proof of Age 

  • Address Proof

  • Income Documents: 

Salaried Individuals (any one of the following)

  • Form 16

  • Certified letter from Employer

  • Updated 6 months bank statement

  • Pay slip (Last 2 months) Increment or Promotion letter

  • Investment proofs (like fixed deposits, shares, etc)

  • IT returns (for 3 years)

  • Passport-size photographs

Self Employed or businessman (any one of the following): 

  • Updated 6 months bank statement

  • A brief introduction of his or her profession/business

  • Income tax returns for the last 3 years of the applicant along with computation of income duly attested by a Chartered Accountant

  • Balance Sheet and Profit & Loss account for the last 2 years of the firm- duly attested by a Chartered Accountant

Property Documents: 

  • Sale deed, agreement of sale with the builder (original copy)

  • Land and building tax paid receipts, possession certificate, location sketch of the property certified by the revenue authorities

  • An approved copy of the building plan 

  • Original receipts of the advance payments that are made towards the purchase of flat

The list of documents required is not exhaustive, kindly refer to Shriram Housing Finance’s website for the complete list of accepted documents. 

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Shriram Housing Finance Home Loan Balance Transfer EMI

Shriram Housing Finance takes a holistic approach to home loan balance transfers by understanding the unique financial circumstances of every borrower. They study your income structure, background, monthly budget, etc. and offer a repayment schedule that is simple, stress-free and comfortable for you.


You can also understand your monthly house loan EMIs using the Shriram Housing Finance EMI calculator. Just enter the relevant values like loan amount, interest rate, tenure, etc. and click submit. Your EMI amount will be displayed on the screen.

How to Apply for Shriram Housing Finance Home Loan Balance Transfer

  • Enter your personal and professional details to understand home loan eligibility instantly.

  • Select Shriram Housing Finance from the list of partners.

  • Get an estimate about the home loan amount that you’re eligible to borrow.

  • Fill in your home loan amount as per suitability & details of property.

  • Get your loan details along with all the charges and the net disbursal amount. Post this, a loan expert will connect with you to process your application further.

FAQs on Shriram Housing Finance Home Loan Balance Transfer

The Shriram Housing Finance Home Loan Balance Transfer interest rates start from 11.50% p.a.

You can apply for a Shriram Housing Finance Home Loan Balance Transfer through the Bajaj Markets app or website. 

You can get Shriram Housing Finance Home Loan Balance Transfer for amounts of up to ₹10 Cr. 

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