HOME LOAN BALANCE TRANSFER
Home Loan Balance Transfer. Same home. Lower EMI.
Move your existing home loan to a lender offering rates from 7.20% p.a. and save lakhs in interest over your remaining tenure. Add a top-up loan at home-loan rates while you switch.
Why choose us
Why choose Home Loan Balance Transfer?
Rates from 7.20%
Switch from 9–10% legacy rates and cut your EMI.
Top-up at home-loan rates
Borrow extra for renovation or education while you transfer.
Zero foreclosure charges
RBI bars prepayment penalties on floating-rate home loans.
Paperless switch
We coordinate with both lenders — you sign once.
Run the numbers
Home Loan Balance Transfer EMI
Loan amount
₹40 L
₹5 L₹10 Cr
Tenure
20y
5y 30y
Interest rate
7.20%
7.20%12.00%
Monthly EMI
₹31,494
Total interest
₹35.6 L
Total payable
₹75.6 L
Principal vs Interest breakdown
Principal ₹40 LInterest ₹35.6 L
Eligibility CheckWondering if
Wondering if
you qualify?
Apply in 2 minutes to see personalised Home Loan Balance Transfer offers — zero CIBIL impact, no documents needed.
Check My Eligibility80+
Lender partners
30 sec
Eligibility check
Criteria to qualify
Loan Vintage
12+ EMIs paid on the existing home loan
Repayment Track
No EMI bounce in the last 12 months
Outstanding Amount
₹5 Lakh minimum remaining principal
CIBIL Score
720+ for the best transfer rates
Property
Completed, self-occupied or rented residential property
Key advantages
Home Loan Balance Transfer benefits & features
Save Lakhs in Interest
A 1% rate cut on a ₹40L loan with 20 years left saves roughly ₹6 Lakh over the tenure.
Lower or Shorter EMI
Keep the same EMI and finish years earlier, or keep the tenure and pocket the monthly savings.
Top-Up Loan Included
Get an additional ₹5L–₹50L at home-loan rates instead of an expensive personal loan.
No Prepayment Penalty
Floating-rate home loans carry zero foreclosure charges by RBI mandate, so exiting is free.
Reset Your Tenure
Choose a fresh tenure of up to 30 years that fits your current income and goals.
Better Service, Same Home
Move to a lender with faster digital service and transparent rate revisions.
Documents required
- PAN card & Aadhaar card (KYC)
- Existing loan sanction letter & repayment schedule
- Last 12 months' loan account statement
- Foreclosure letter & list of documents (LOD) from current lender
- Latest 3 months' salary slips or 2 years' ITR
- Property title deed & approved building plan
Home Loan Balance Transfer FAQs
As a rule of thumb, if your current rate is at least 0.50% higher than the new offer and you have 10+ years of tenure left, the interest saved comfortably exceeds the processing and legal fees of switching.