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Home Loan Balance Transfer

A home loan balance transfer is a way to transfer your outstanding home loan balance from one financial institution to another at a lower interest rate or to obtain a higher loan tenure.

 
  • Some benefits of a home loan balance transfer include
  • Reduced interest rates
  • Better cash flow
  • Improved loan terms

Required Documents for Home Loan Balance Transfer

 Identity proof
Address proof
Documents related to the existing loan
Last 3 month's salary slips
Last 6 months' bank statements
Last 3 years' balance sheet and profit and loss account statements (Self-Employed)
Passport size photograph

 

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