Balance Transfer of Business Loan
Balance Transfer of Business Loan is a loan where you can transfer your many loans (up to 3 loans) to a single loan under one Bank/NBFC for better rate of interest and can avail additional loan amount for your business purpose. Balance transfer is a facility for individuals who have taken a loan, but unexpectedly very few avail of it. The problem is very few are aware of it. Every person that has taken a Business Loan should opt for a balance transfer at least once for the period of the tenure of the loan. Balance transfers of Business Loan reduce your interest rates and finally enable you to save on the interest you have to pay. Balance transfer of Business Loan is a facility that lets you reexamine your debt, make changes to it and also tweak it according to your requirements.
Balance Transfer & top up of Business Loan benefits & features
Process for Balance Transfer of Business Loan
Here are the steps in brief:
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