bajaj-image

About Home Loan Balance Transfer

Home Loan Balance Transfer helps you reduce your EMIs by moving your outstanding loan from other financial institutes to Bajaj Finserv for lower interest rate. You can get additional top-up loans, and enjoy features such as Flexi Hybrid Home Loan, 3 EMI holiday, pre-payment facility, and nil foreclosure charges.

Our newest offering – Flexi Hybrid Home Loan, enables you to manage your finances better with an interest-only period of up to 4 years*. With no limit on number of pre-payments or withdrawals, you can avail benefits of both – flexi-interest and flexi-term loan with Bajaj Finserv Home Loan Balance Transfer facilities.

You can use Home Loan Transfer Calculator to compute your savings, and your top-up loan eligibility.
Bajaj Finserv’s Balance Transfer is amongst the best in the industry for the following reasons:
  • 3 EMI Holiday feature (For Salaried Individuals only)
  • Pre-payment facility
  • Flexi Hybrid Home Loan
  • No hidden charges
  • Nil foreclosure charges
  • Online account management
  • Customised insurance solutions

Top-up Loans

Buying a home comes with many unforeseen expenses that you can’t always plan for. That’s where Bajaj Finserv Top-up Loans come in. Get the advantage of a top-up on your existing home loan with Bajaj Finserv at low home loan interest rates and a hassle-free application process. In addition, our top-up loan come without the need for you to submit collateral, as they are just an add-on to your existing home loan.


Part prepayment facility

You can prepay any amount. However, the prepayment transaction should not be less than the total amount of 3 EMIs. There is no limit on the maximum amount. This is subject to you clearing your first EMI.


3 EMI Holiday

Bajaj Finserv focuses on the ease of repayment through multiple flexible options that make it easier for the customer to repay their loans. A 3-month EMI grace period will help manage/plan monthly expenses and give a cushion to the customer to plan his finances.


The following people are eligible to apply for a New Car Loan:

    Salaried Individuals:
  • This includes employees of private limited companies, employees from public sector undertakings, including central, state and local bodies
  • Individuals who are a minimum of 21 years of age at the time of applying for the loan, and no older than 60 at the end of the loan tenure
  • Individuals who have had a job for at least 2 years, with a minimum of 1 year with the current employer
  • Those who earn a minimum of Rs. 3,00,000 per year, including the income of the spouse/co-applicant
  • Individuals who have a telephone/post-paid mobile
  • Self Employed Individuals and Professionals (Sole Proprietorship):
  • This includes self-employed sole proprietors in the business of manufacturing, trading or services
  • Individuals who are a minimum of 21 years of age at the time of applying for the loan, and no older than 65 at the end of the loan tenure
  • Those who have been in business for a minimum of 2 years
  • Should earn at least Rs. Rs. 3,00,000 per annum
  • Self Employed Individuals and Professionals (Partnership Firms):
  • This includes self-employed partners in the business of manufacturing, trading or services
  • Those who have a minimum turnover of Rs. Rs. 3,00,000 per annum
  • Self Employed Individuals and Professionals (Private Limited Companies)
  • This includes individuals who own a private company in the business of manufacturing, trading or services
  • Should earn at least Rs. Rs. 3,00,000 per annum
  • Self Employed Individuals (Public Limited Companies):
  • This includes directors in public limited companies that are in the business of manufacturing, trading or services
  • Should earn at least Rs. Rs. 3,00,000 per annum


  • Form 16/ Latest salary slips
  • Bank statements of salary account for last 6 months
  • Voter's ID card, Driving license, Job card issued by NREGA/Aadhar card/PAN card (PAN card only as identity proof)
  • Passport/Voter's ID card/Driving license/Aadhar Card

Simple Loan Process

Turning Money Problems Into Solutions
loan icon

Choose Loan Amount

Choose your loan amount and terms to use loan

doc icon

Provide Document

Need to provide some basic document to verification

approved icon

Approved Loan

Our loan specialist ask fews question and verify docuements.

amount icon

Get your Money

Once loan aprroved you get loan amount credit.

Quick loan Process

Quick Loan
Approvals

Customer Satisfaction

Customers
Satisfied

No Hidden Charges

No Prepayment or
Hidden Fees

Best After Sales Support

Best After Sales Service