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Balance Transfer & Top-up

Transfer Home Loan Balance like a Pro!

Home Loan Balance Transfer or refinancing of a home loan mean the same. Once can use this facility to pay off an existing using another home loan availed from another bank.

Balance transfer will switch the home loan to a lower interest rate. And all that you require to do, is to apply for a balance transfer with a new bank.

Going forward, all loan repayments will be settled with the new lender. As a result, your old home loan account is closed.

Balance Transfer will help you to repay your home loan at a cheaper rate and in lower EMIs. Thus, you can save considerable amount of money, every month!

Home Loan Top-up is the process of availing additional funding on the existing home loan account. Therefore, you can compare it to availing a personal loan but at home loan rates.

Here, we bring together all the resources that will help you with the balance transfer and top-ups.

Which has More Benefits? Home Loan Balance Transfer or Home Loan Top Up?

When you avail a home loan, it doesn’t only act as the primary financial support to buy your home. There are many added advantages that can be availed by an existing home loan borrower. The best part of taking a… Continue Reading →

Understanding the Benefits of Home Loan Balance Transfer

Amit has availed home loan at 10% and there are 15 years remaining to repay the loan wherein 20 lakhs is the unpaid principal amount. If he decided to switch the loan to 9%, then in a year he would… Continue Reading →

Keep These Documents Ready for Home Loan Balance Transfer

Living in the own house is a dream of almost each and every person. To support and help the people fulfilling the dreams, the banks such as HDFC, ICICI, SBI and FIs such as Bajaj Finance, Tata Capital etc. have… Continue Reading →

Save 1 Lakh on Your Home Loan Repayment

It is a fact that homes are generally bought on finance from different banks and housing finance companies. These companies charge an interest rate against the lending. Customers, for repaying the borrowed amount, pay the applicable EMIs to the lenders… Continue Reading →

Home Loan Top-ups – Are there Better Options?

Owning a home is a dream which is common to every common people, and Home loan is the best option for you to make your dream come true by purchasing a house. This fact is known to each and every… Continue Reading →

Top 5 Hurdles of Home Loan Balance Transfer

Those who have taken home loan will easily understand the pinch of huge EMI amount and how a major part of your EMI will only go to the interest on loan at early stages. This is one of the main… Continue Reading →

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