If you wish to reduce the interest charged on your loan against property and enjoy a more flexible tenure, opt for a balance transfer on Bajaj Markets. By doing so, you can enjoy better customer service, zero foreclosure charges, and top-up loans. Enjoy these benefits and much more by applying for a loan against property balance transfer on Bajaj Markets.
Our Partners
|
Minimum Interest Rate
|
Maximum Loan Amount
|
Maximum Loan Tenure
|
|
---|---|---|---|---|
Quick Approval
Bajaj Housing Finance |
10.20% p.a. |
₹3 Cr |
20 Years |
|
ICICI Bank |
9.25% p.a. |
₹5 Cr |
15 Years |
|
LIC Housing Finance |
9.45% p.a. |
₹15 Cr |
15 Years |
|
Quick Approval
PNB Housing Finance |
9.24% p.a. |
₹15 Cr |
25 Years |
|
Shriram Housing Finance |
12.50% p.a. |
₹10 Cr |
25 Years |
|
Shubham Housing Finance |
13.90% p.a. |
₹0.20 Cr |
15 Years |
|
*Disclaimer: The interest rates and associated charges can vary from one lending partner to another and are subject to policy changes of the partner.
Year | Principal | Interest | Balance |
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If you are looking to transfer the balance of your loan against property, make sure to note the eligibility criteria you will be required to fulfil. These include:
If you fall under the age bracket of 21 to 70 years, you can apply for a loan against property balance transfer
You must be an employee in an MNC, a private company, or the public sector, or be self-employed.
You should be a resident of India residing or owning a property in a city recognised by the lender.
Alongside these, it is crucial to keep the documents required for a LAP balance transfer handy to ensure that the application process is smooth and seamless. Provided below is a list of some common documents lenders usually require you to submit when applying for a loan against property balance transfer
Latest Salary Slips
Bank account statements of the last 3 months
PAN Card and Aadhaar Card
Address Proof
Copy of the documents of the property to be mortgaged
IT Returns
Follow these simple steps to apply for a LAP balance transfer online on Bajaj Markets.
Click on the ‘Apply Now’ button on this page
Enter your personal details in the online application form
Fill in the information related to your employment and income
Check offers displayed on the screen
Submit the form for further verification
Once the application is verified, an executive will contact you for further proceedings.
The online application process allows your loan application to be verified faster.
The online documentation process makes applying for a loan against property transfer on Bajaj Markets easy and convenient.
With the promise of complete transparency, you can be assured of zero hidden charges.
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.
Provided below are age brackets that lenders usually maintain for applicants looking to apply for a LAP balance transfer online.
Salaried Applicants : 25 to 70 years
Self-employed Applicants : 21 to 58 years
Please note that this value may differ from one lender to another.