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.
Parameters |
Values |
Interest Rate |
11.50% p.a. onwards |
Loan tenure |
Up to 300 months repayment tenure (subject to your retirement age) |
Processing Fee |
|
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.
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.
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.
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.