PNB Housing Finance Home Loan Balance Transfer

Transferring the balance of your home loan to PNB Housing Finance enables you to enjoy low interest rates starting from just 8.50% p.a. Apply for this facility on Bajaj Markets and benefit from an easy online transfer process with minimal documentation. With the AAA-rated lender, you can enjoy lower prepayment or foreclosure charges, with no fee on floating-interest loans. Also, you can repay the loan at your convenience over extended tenures ranging up to 30 years.

The home loan balance transfer interest rates and charges applicable are as follows:

Make sure to fulfil the following requirements to be eligible for the facility:

• You must fall under the age group of 21 to 70 years

• Your net monthly income must be over ₹18,000

• You must be either a salaried or a self-employed individual

• If salaried, you must have a minimum work experience of 3 years

• If self-employed, your business must have a vintage of at least 5 years

Alongside this, you will also be required to submit the following documents:

• Identity Proof: Any one of the following

  • PAN card

  • Voter ID

  • Aadhaar card

• Address Proof: Any one of the following 

  • Aadhaar card

  • Passport

  • Driving licence

• Latest degree to validate the educational qualification

• Income Proof:

  • For salaried applicants: Form 16 of the last 2 financial years and salary slips of the last 3 months

  • For self-employed applicants: ITR filings of the last 3 financial years 

• Business proof and existence (for self-employed applicants)

• Self-attested copy of the Title Documents of the Property and Approved Plan

Reference of all T&C necessarily refers to the terms of the Partners as regards to pre-approved offers and loan processing time amongst other conditions.