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
- 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.
- 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
How To Apply For ICICI LAP Balance Transfer
Apply for the balance transfer through these simple steps:
- Bajaj Loan Against Property Balance Transfer EMI Calculator
- PNB Loan Against Property Balance Transfer EMI Calculator
- ICICI Loan Against Property Balance Transfer EMI Calculator
- Bajaj Loan Against Property Balance Transfer Interest Rates
- PNB Loan Against Property Balance Transfer Interest Rates
- ICICI Loan Against Property Balance Transfer Interest Rates
- Bajaj Loan Against Property Balance Transfer Eligibility
- PNB Loan Against Property Balance Transfer Eligibility
- ICICI Loan Against Property Balance Transfer Eligibility
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.
