Home Loan Transfer - Apply and Compare Home Loan Balance Transfer

Apply For Home Loan Balance Transfer

Full Name:

DOB:

Mobile:

+91

City:

Other City:

Email ID :

Pincode:

Occupation:

Annual Income:

Balance Transfer Amount:

Name of Existing Bank:

Existing Loan Amount:

Existing ROI:

I Agree to privacy policy and Terms and Conditions.

Banks	ICICI Bank	HDFC Ltd	IDBI Bank	Axis Bank
Rate of Interest	10.5% - 11.5%	10.75% - 11.75%	11% - 12.25%	10.75% - 11.25%
Processing Fee	0.50%	0.5% plus applicable service tax and cess	0.50%	1%
Loan Amount	Rs.8,00,000 - Maximum 80% of the Cost of the Property (Subject to Income Eligibility)	80% of the Cost of the Property (Subject to Income Eligibility)	Rs.5,00,000 - Maximum 80% of the Cost of the Property (Subject to Income Eligibility)	Rs.1,00,000 - Rs.2,00,00,000
Prepayment Charges	Rs.10,000 - or 2%	If 25% of outstanding amount is paid within 3 years - No Penalty , otherwise 2% of outstanding amount	N.A.	Nil

34 Comments, read them below or add one

Mahesh Chandra May 19, 2013 7:24 pm
Can you get my home loan taken from HDFC transferred to SBI?The amount is Rs.7000000.00
Post Reply
- bake tewari May 20, 2013 3:37 pm
  Mr Mahesh, You can follow the process which is answered by the team in previous question to transfer your loan successfully.
  Post Reply

bharat b patel May 19, 2013 10:43 am

I want loan transfer from GRUHFAINANCE to SBI of Home Loan of approx 2,75,000/-. My annual salary is 336000/-. I pay Rs 4000/- per month EMI. Bharat B patel Mob. no.9974661248

Post Reply

bake tiwari May 20, 2013 3:36 pm
Mr Bharat You can follow the below mentioned process for transfer your housing loan.
Post Reply

dinesh May 16, 2013 5:09 pm

Hi, I have taken a home loan .Now I want to tranfer it to othert bank.can you tell me the procedure.

Post Reply

Deal4loans team May 17, 2013 4:08 pm

Process is 1. Understanding the best available interest rate for home loan balance transfer/ refinance. 2. Get the list of documents held by your current lender and Principal Outstanding Statement Your current lender can provide you with a list of all the documents that you submitted at the time of taking disbursement of your current home loan. This document list shall be required during balance transfer/ refinance so you should request your current lender to provide you one. Also, you should collect a Principal Outstanding Statement from your current lender which mentions the current outstanding principal amount on your existing home loan, current EMI that you pay and the balance tenure (in months). 3. Apply for balance transfer/ refinance to your target lender 4. Get the documents from your original lender You shall require a consent letter or NOC from your original lender in order to proceed on your home loan balance transfer/refinance. Post sanction and Loan Agreement the new lender shall prepare a cheque to give to your old lender to close out the loan. The old lender will close out the existing loan handover your original property documents which have to be submitted to the new lender.

Post Reply

Ashok Kumar Singh May 15, 2013 3:51 pm

I want loan transfer from HDFC to SBI of Home Loan of approx 255217/-. My annual salary is 336000/-. I pay Rs 4000/- per month EMI. Ashok Kumar Singh Mob. no.9889380000

Post Reply

Subrata Dey May 16, 2013 1:18 pm
You can Transfer you home loans at any time you want. You dont have to pay any pre payment charges & penalties to HDFC Ltd.
Post Reply

bhavaniprasad May 14, 2013 2:21 pm

i have taken loan 14.5lacks from hdfc .the cost of property is 26lacks. is it possile that the loan to be taken over by some bank with a bigger loan ammount!

Post Reply

Kumar May 16, 2013 1:26 pm

Mr Bhavaniprasad, Its all depends on your Monthly Take home salary if you want to get 26 lac of loan amount then your take home salary must be near to Rs.52000.

Post Reply