ICICI Loan Against Property Balance Transfer(LAPBT)

Minimal Paperwork | Swift Approval | Affordable Interest Rates

✓ Loan Against Property Balance Transfer Facility ✓ Multiple Lending Partners ✓ Interest Rates Starting @ 8.99%

Now transfer your existing Loan Against Property Balance at a low rate of interest and without rigorous documentation with ICICI Loan Against Property Balance Transfer facility on Finserv MARKETS.

Features & Benefits of ICICI Loan Against Property Balance Transfer

  • Competitive Interest Rates

    It’s now possible to transfer your Loan Against Property balance hassle-free a low rate of interest, i.e., 10.60% p.a. onwards

  • Flexible Repayment Tenure

    The repayment tenure is up to 180 months for both salaried and self-employed applicants.

  • No Extra Documentation

    The transfer process can be carried out with minimal documentation requirements.

  • Zero Hidden Charges

    There are no hidden charges for the transfer process, at all.

ICICI Loan Against Property Balance Transfer: Eligibility & Documents

Eligibility Criteria
  • The age of the salaried applicant must be between 23-60 years.
  • The age of the self-employed applicant must be between 23-65 years.
  • The salaried applicant’s monthly income must be above Rs. 25,000.
  • For self-employed applicants, the minimum monthly Profit After Tax (PAT) must be Rs. 25,000.
  • The salaried applicant must have a minimum work experience of 1 year.
  • Business vintage of minimum 2 years is required for self-employed applicants.
Documents Required
  • Identity Proof: PAN/Voter ID/Aadhaar Card
  • Address proof: Aadhaar Card/Passport/Driving License
  • Bank statements of last 6 months
  • Salary slips of last 3 months (applicable for salaried applicants)
  • Certificate & Proof of business existence (applicable for self-employed applicants)
  • Form 16 / Income Tax Returns
  • Property Documents
  • Passport sized photo

Why choose Finserv MARKETS

Fast Online Process

Transfer the balance of an existing loan against property, through smooth online process.

Minimal Documentation

With documentation kept minimal, just apply and transfer your loan balance. Go paperless.

Transparency Guaranteed

Enjoy 100% transparency. No hidden charges with us.

Custom-made Loans

Tell us your needs and we will present customized easy loan options. No need to look elsewhere.

Trusted Companion

Customers have sought financial enablement from us. Give us a chance and we won’t let you down.

How To Apply For ICICI LAP Balance Transfer

Apply for the balance transfer through these simple steps:

  • Enter your Personal and professional Details

    Enter your personal and professional details and get instant eligibility.

  • Choose your Lending Partner

    Select ICICI Bank from the list of lending partners.

  • Estimate Borrowing Power

    Find out the loan amount you could possibly avail.

  • Mention Requirement & Property Details

    Enter the loan amount you need, with the details of property.

  • Unlock Final Details

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

Frequently Asked Questions

  • ✔️What is a Loan Against Property (LAP) Balance Transfer?

    LAP Balance transfer is the transfer of existing Loan Against Property balance to a new financial institution, in order to lower the rate of interest on the loan.

  • ✔️What are the documents required for ICICI LAP Balance Transfer?

    The documents required for LAP Balance Transfer is ID proof, address proof, income or business proof documents.

  • ✔️When should I avail a LAP Transfer?

    Consider LAP transfer, when you want to pay comparatively a lower rate of interest on LAP.

  • ✔️Will ICICI LAP Balance Transfer help me get more money?

    With lower interest rates being the major benefit of transferring the balance, you can save on the EMI amount.