✓ Loan Against Property Balance Transfer Facility ✓ Multiple Lending Partners ✓ Interest Rates Starting @ 9.25% Check Offer

Transfer your existing loan against property to your preferred lender online on Bajaj Markets. This strategic move can help you get lower interest rates starting from just 9.24% p.a. and extended tenures of up to 25 years. Furthermore, you can benefit from zero foreclosure charges to become debt-free sooner. Along with better customer service options, and a simple documentation process, you can also fulfill your additional requirements with the help of top-up loans.

Compare Interest Rates of Loan Against Property Balance Transfer

Our Partners
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Quick Approval
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Bajaj Housing Finance

9.85% p.a.

₹3 Cr

20 Years

4.4
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ICICI Bank

9.25% p.a.

₹5 Cr

15 Years

3.9
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Indiabulls Commercial Credit

9.75% p.a.

₹10 Cr

12 Years

4.2
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L&T Finance

9.65% p.a.

₹5 Crores

20 Years

4.2
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LIC Housing Finance

9.45% p.a.

₹15 Cr

15 Years

3.8
Quick Approval
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PNB Housing Finance

9.25% p.a.

₹15 Cr

20 Years

3.9
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Shriram Housing Finance

12.50% p.a.

₹1 Cr

25 Years

4.3
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Shubham Housing Finance

13.90% p.a.

₹0.20 Cr

15 Years

3.9
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*Disclaimer: The rates are subject to change at the lender’s discretion.

Calculate Your Loan Against Property Balance Transfer EMI

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Loan Against Property Balance Transfer
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Fees & Charges Associated with Loan Against Property Balance Transfer

Here are some essential charges you may have to pay when applying for a balance transfer:

Type of Charges

Details

Processing Fee

0.50% to 3%

Foreclosure Charges

Nil to 4%

Prepayment Charges

2% to 5%

Administrative Charges

Up to 0.25%

CERSAI Charges

₹50 to ₹100

*Disclaimer: These charges are subject to change at the lender’s discretion. 

Features and Benefits

Top-up Loan

Get additional credit on your loan against property balance transfer on Bajaj Markets.

Affordable Interest Rates

Benefit from competitive interest rates, starting from 9.24% p.a.

Flexible Repayment Options

Repay your loan at your convenience. Select a repayment plan that suits your finances with a balance transfer.

Long Repayment Tenures

Apply for a loan against property balance transfer and get an extended tenure of up to 25 years

Eligibility Criteria for Loan Against Property Balance Transfer

Here are the criteria you are often required to fulfil to be eligible for a balance transfer:

  • You should fall under the age bracket of 21 to 70 years

  • You must be an employee in an MNC, a private company, or the public sector, or be self-employed

  • You should be a resident of India residing or owning a property in a city recognised by the lender

Documents Required for Loan Against Property Balance Transfer

Here is a list of some common documents usually required for a loan against property balance transfer:

  • Latest Salary Slips

  • Bank account statements of the last 3 months

  • PAN Card and Aadhaar Card

  • Address Proof

  • Copy of the documents of the property to be mortgaged

  • IT Returns

How to Apply for a Loan Against Property Balance Transfer on Bajaj Markets

Follow these steps to apply for a loan against property balance transfer online:

  • Click on the ‘Apply Now’ button on this page

  • Enter your personal details in the online application form

  • Fill in the information related to your employment and income

  • Check offers displayed on the screen

  • Submit the form for further verification

  • Once the application is verified, an executive will contact you for further proceedings.

How to Apply for home loan

Why Choose Bajaj Markets for a Loan Against Property Balance Transfer?

  • Quick Processing

The online application process allows your loan application to be verified faster

  • Simple Documentation

Online documentation makes the balance transfer simpler and convenient

  • Zero Hidden Charges

With the promise of complete transparency, you do not have to pay any hidden charges

Frequently Asked Questions

Do I need to pay any additional charges for a loan against property balance transfer?

The fees and charges for this facility vary across lenders. So, before opting for the facility, it is ideal to check with the specific lender.

Who is eligible to get a balance transfer loan?

Anyone who has completed at least 12 EMIs of their existing loan can opt for this facility.

Are there any tax benefits on a loan against the property balance transfer?

You can enjoy tax benefits as per Section 24B if you apply for an additional top-up option along with the balance transfer facility.

What is the applicable age bracket for self-employed and salaried professionals to apply for a balance transfer of loans?

The requirement to qualify for a loan against property is as follows:

  • Salaried Applicants : 25 to 70 years 

  • Self-employed Applicants : 21 to 58 years

Please note that this value may differ from one lender to another.

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