Home Loan Balance Transfer Scheme in India
Avail Home Loan Balance Transfer at the attractive interest rate in Coimbatore
Are you having trouble keeping up with your current EMI payments? Many people encounter a new hurdle each month in making regular EMI payments, which affects the individual and happiness. A balance transfer from your present loan to one with Easy House Loan Finance will help you. Maintain your credit for the duration of your home loan. It can provide you peace of mind by allowing you to move through difficult moments at a more leisurely pace. If your monthly installments are excessively large, you can prolong your repayment period to relieve yourself and your loved ones of the strain of repaying the loan. If you find that paying high-interest payments is limiting your ability to save and invest your own money, it might be time to refinance your property. You can also use the restructuring to help you reinvest in your company, renovate it, and raise funds for other purposes.
Our Loan Transfer Benefits for you
- The simple and hassle-free application process
- Flexible tenure and repayment options
- Quick sanction and low EMI
- The lowest rate of interest
Apply for Home Loan Balance Transfer
Don't let your aspirations be derailed by excessive EMIs. Switch your house loan to Easy Home Loan Finance with ease and benefit from reduced interest rates, more affordable EMIs, and more.
Salaried Age
- Minimum Age- Minimum Age- 21 years
- Maximum Age- Income contributor (Govt employee) - 70 yrs (if pension considered)
- Income contributor (Others) - 62 yrs (or restricted to retirement age)
- Working in a Govt. institution
- Private Sector Companies such as Limited Companies / Private Limited companies
- Partnership firm / LLP/ MNC/ Proprietorship concern (Individual / HUF)
- Institutions run by Trust / NGO / Society / Public Sector Undertaking Others
- Minimum Age- 23 years
- Maximum Age- 70 years
- Self-employed professionals: qualified doctors (MBBS/MD/MS), chartered accountants (CA), and architects
- Non-professionals like self-employed, business owners, proprietorships, partners in partnership firms, and promoter directors of closely held private and public limited corporations. Directors of publicly traded corporations, on the other hand, will be classified as salaried
Salaried
- Income Tax Returns for the latest two years
- KYC Documents
- Form 16
- Bank statements for the last six months and salary slips
Self-Employed
- Last 2 Years ITR With Competition / CA Audited Financials Where Ever Applicable
- KYC Documents
- Form 16
- Bank statements for the last six months
- Documentation of the property offered as collateral
What is a Balance Transfer on a Home Loan?
Easy Home Loan will assume responsibility for it if you have an existing loan and are having trouble dealing with your lender. We provide clear and transparent terms for transferring your loans to us, and we guarantee that any hassle you are experiencing will be greatly reduced.
What are the benefits of transferring a house loan balance?
You have a chance of resuming your EMI payments with a new bank at a lower interest rate if you have been consistent with your EMI payments and keep solid records with your lender. You also have the option of getting a loan top-up, which is an additional loan amount offered by the new bank that can be used to extend your loan term.
How long does it take to transfer a home loan balance?
The lender will have to re-evaluate your eligibility, and the procedure can take anywhere from 7 to 3 weeks
What documents are required for a balance transfer of a home loan?
We've compiled a comprehensive list of the documents you'll need to apply for an Easy home loan.
