loan against property LAP balance transfer yoast

Transfer Your Loan Balance & Save Money

At Finance Bazaar, we negotiate with more than 30 Banks and NBFC to offer you the cheapest interest rates in loans. We offera ll types of loan. We also provide Loan Against Property Balance Transfer. Borrowers are generally not aware that they can transfer their LAP loan balance and save money every year.

Illustration: Loan Against Property Balance with existing bank = Rs. 30 Lakhs

Current Rate of interest (ROI) on existing loan = 12.5%

Loan Tenure / Period left = 20 Years

New Interest Rate on Loan = 10.5%

Total Interest Savings in 20 years = Rs. 6,60,000/- (Rupees 6 Lakhs & Sixty Thousand) So, as you can see, just a 2% interest rate reduction can make such a huge difference and give you a lot of savings.

Apply for Super Fast Home Loan Balance Transfer at Finance Bazaar


Documents Required for Loan Against Property Balance Transfer


The following documents are required for a loan against property balance transfer:

  1. Loan Statement from existing bank
  2. Original Papers from existing bank
  3. KYC of borrower like PAN, id and address proof
  4. Bank Statement
  5. Salary slips or income proof

Finance Bazaar offers loan balance transfer to all banks and NBFC such as PNB, HDFC, SBI, ICICI, AXIS, Indiabulls, DHFL, LIC Housing Finance, CanFin Homes, Reliance Capital, Hero Fincorp, OBC, Bank of India, Central Bank of India, Union Bank and many other banks and NBFCs. We provide loan balance transfer from low amount of Rs. 10 lakhs to Rs. 10 crore. We also provide loan balance transfer on all property types such as approved, regularised, dual unit, lal dora, GPA and all other property types. So, contact us now and let our loan experts take care of all the paperwork and headache, while you sit back and relax.

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