✓ Loan Against Property Balance Transfer Facility ✓ Multiple Lending Partners ✓ Interest Rates Starting @ 9.24% Apply Now

Loan Against Property Balance Transfer Details

Here are a few features of the Loan Against Property Balance Transfer facility



Loan amount offered

Up to ₹15 Crores

Interest rate

Starting at 9.24%


Up to 30 years

Processing fee

Starting at 0.40% of the sanction

Compare and Apply for LAP Balance Transfer Online

Compare the Loan Against Property balance transfer facility offered by the top lending partners at Bajaj Markets and choose a lender as per your requirements.

Our Partners

Minimum Interest Rate

Loan Amount/Tenure

Bajaj Housing Finance Limited

10.20% p.a.

  • Max Loan Amount - ₹3 Cr

  • Max Loan Tenure - 20 Years

PNB Housing Finance Limited

9.24% p.a.

  • Max Loan Amount - ₹15 Crores

  • Max Loan Tenure - 25 Years


9.25% p.a.

  • Max Loan Amount - ₹5 Crores

  • Max Loan Tenure - 15 Years

LIC Housing Finance

9.45% p.a.

  • Max Loan Amount - ₹15 Crores

  • Max Loan Tenure - 15 Years

Shubham Housing Finance

13.90% p.a.

  • Max Loan Amount - ₹20 Lakhs

  • Max Loan Tenure - 15 Years

Shriram Housing Finance

12.50% p.a.

  • Max Loan Amount - ₹10 Crores

  • Max Loan Tenure - 25 Years

Disclaimer: The Loan Against Property interest rates and associated charges can vary from one lending partner to the other and are subject to policy changes of the partner.

Loan Against Property Balance Transfer EMI Calculator

Loan Amount
  • Months
  • Years
Rate of Interest

Monthly EMI

at % interest rate for months

Total Amount Payable
Principal Amount
Total Interest
Year Principal Interest Balance

Loan Against Property Balance Transfer Fees and Charges

The Loan Against Property EMI calculator helps compute your monthly instalments, you must consider the other charges and additional fees you may have to pay. Note that the fees and other charges may vary from one lender to another. 


However, there are lenders allowing you to foreclose or initiate a part-prepayment of your loan with zero penalties and charges. Others may charge up to 0.50% of your outstanding loan amount to be transferred. This way, charges for balance transfer vary across lenders. 

Loan Against Property Balance Transfer Eligibility Criteria

  • Individuals between 23 and 70 years can apply for a loan against property

  • You must be an employee in an MNC, a private company, the public sector, or self-employed.

  • You should be a resident of India residing or owning a property in a city recognised by the lender.

Note that a few lenders also insist on an age bracket of 28-58 years. 

Documents Required for LAP Balance Transfer

  • Latest Salary Slips

  • Last 3 months’ bank account statements

  • PAN Card and Aadhaar Card

  • Address Proof

  • Copy of the documents of the property to be mortgaged

  • IT Returns

How to Apply for a Loan Against Property Balance Transfer?

You can apply for a Loan Against Property Balance Transfer in just a few easy steps:

  • Get Started

    Click on Apply Now

  • Enter Information

    Fill in your personal and income details

  • Check Your Eligibility

    Find out the amount you are eligible to receive.

  • Get Verified

    Your application undergoes a quick verification process

  • Transfer Complete

    Once approved, the loan balance will be transferred.

Features and Benefits of LAP Balance Transfer

This facility has many benefits, thanks to the numerous features made available by leading lenders. Here are a few worth noting.

Top up

You can avail additional credit anytime through any of our lending partners. This kind of credit can be as high as ₹3 Crores. However, this depends on your eligibility.

Affordable interest rates

Lending partners of Bajaj Markets provide competitive Loan Against Property interest rates in the market. This helps reduce your financial burden all through.

Flexible repayment options

You can repay such loans at any given time if you have surplus cash for zero foreclosing charges. You can also choose to repay only the interest component of the same at the start of the tenure. 

Long repayment tenures

You can also pay off such loans by choosing a long tenure of up to 30 years. However, note that the maximum available repayment tenures for such loans can vary from lender to lender.

Track the loan easily

You can avail every single detail of your loan through the portal, such as the repayment schedule and interest certificate. Transferring your outstanding Loan Against your Property balance to some other lender can help you save money in interest payments. Analyse the Loan Against Property Balance Transfer options available at Bajaj Markets.

As a user, you can avail benefits such as long loan repayment tenures, competitive interest rates and easy top-ups. Apply now for Loan Against Property Balance Transfer!

Loan Against Property Balance Transfer FAQS

The fees and charges for this facility vary across lenders. So, before opting for the facility, it is ideal to check with the specific lender.

Anyone who has completed at least 12 EMIs of their existing loan can opt for this facility.

You can enjoy tax benefits as per Section 24B if you apply for an additional top-up option along with the balance transfer facility.

You must be between 25 and 65 years if you are self-employed and 21 and 58 years in the case of salaried individuals. However, the minimum age criteria vary depending on the lender. 


For example, some lenders may fix 23 years as the minimum entry age while others may insist on 25 years to avail this facility.

Download App
Credit Score