Balance Transfer

Balance Transfer of Loan Against Property

Balance Transfer of Loan Against property refers to transferring of running loan to a new lender for better rate and additional loan amount as top up. Balance transfer of Loan Against Property happens when the entire outstanding principal loan amount is transferred to another bank for a lower rate of interest. The bank that had originally extended the loan to you gets the outstanding amount and you have to, in turn, now pay your EMIs at the new rate to the bank that has taken up the loan. Almost every bank and NBF in India has a facility for a balance transfer of Loan Against Property and if you have been paying your EMIs regularly, there is often no problem associated with it.

We will help you with the best deal in balance transfer of Loan Against Property with our professional team and give you personalized solution to your requirement.

Balance Transfer of Loan Against Property features & benefits

• Our expertise to get u the right Banks / NBFC to complete your requirement
• Loan tenor up to 15yrs
• Attractive Rate of Interest.
• Part Payment Facility.
• Additional top-up amount can be used for your requirement.
• Minimum Documentation.
• Funds available for business expansion,working capital, child's education, home renovation etc..
• Convenience of doorstep service.

Loan Against Property BT + TOP Process

There are some steps in the Loan Against Property BT + TOP process. Here are the steps in brief:

• Submission of Property documents to check legal.
• Signing of loan agreements and submitting post-dated cheque
• payment to existing Bank
• Agreement/ Property papers Collection From Existing bank
• Disbursement of top - up

Balance Transfer of Loan Against Property Eligibility

• SELF EMPLOYED INDIVIDUAL
• Should be Indian Resident
• You should be in business for a minimum of 5 years.
• You should be self employed Minimum 21 to maximum 65 years of age.
• Your current place of residence should be occupied for a minimum of 2 years in the city.
• You should have residence or office owned

Salaried

• You should have 5 years work Experience.
• Your Minimum age should be 21
• Your maximum age should be 55/60 at the time of closer of the loan.
• You should have Minimum Rs 30000/- Net Salary