Balance Transfer Calculator
Calculate exact savings when switching to a better bank
Net savings after paying ₹15,000 in fees!
About Balance Transfer
A Home Loan Balance Transfer (HLBT) is the smartest financial move you can make if you are currently stuck paying a high-interest rate to your existing bank. Over a 15 to 20-year tenure, even a 0.50% to 1.00% difference in interest rates can translate into savings of several lakhs of rupees. By transferring your loan to Bhardwaj Financial Services, you instantly unlock these savings.
The process is remarkably simple. Since your property is already verified and the legal and technical checks have been performed by your current lender, the transfer process is heavily fast-tracked. We handle all the coordination with your existing bank, from obtaining the foreclosure letter to transferring the original title deeds, ensuring a completely seamless transition.
Additionally, a balance transfer is the perfect opportunity to restructure your debt. You can choose to shorten your tenure to become debt-free faster, or extend it to lower your monthly EMIs. Many of our customers also take advantage of our Top-Up Loan facility, which provides extra funds at the same low home loan rates for personal use like home renovation, weddings, or business expansion.
Key Benefits
- Instant reduction in your monthly EMI burden.
- Massive savings on total interest payout over the loan tenure.
- Opportunity to avail an instant Top-Up loan at standard home loan rates.
- Fast-tracked processing with minimal documentation.
- Option to revise and customize your loan tenure.
- Completely digital and hassle-free transition process managed by our experts.
Why Choose Our Balance Transfer?
We partner with top banks to bring you unbeatable terms, transparency, and zero hidden charges.
Instant EMI Reduction
Move from a 10%+ interest rate to our lower rates and immediately decrease your monthly financial burden.
Fast-Track Processing
Since your property is already verified by your current bank, balance transfers require minimal checks and process much faster.
Bonus Top-Up Loan
Need extra funds for renovation or personal use? Get a top-up loan along with your balance transfer at the same low home loan rate.
Who Can Apply?
- 1Existing Loan Vintage: At least 12 EMIs should have been paid on the existing home loan.
- 2Repayment Track: No defaults or bounce history in the last 12 months.
- 3Credit Score: CIBIL score of 700+ is mandatory for transferring the loan.
Document Checklist
Transfer Specific Documents
- Foreclosure letter from current bank
- List of Documents (LOD) from current bank
- Last 12 months loan account statement
Standard KYC & Income
- PAN, Aadhaar
- Latest 3 months salary slips
- Last 6 months salary account statement