About Home Loan Balance Transfer
Home Loan Balance Transfer allows you to transfer your existing home loan from one lender to another to take advantage of better interest rates, lower EMIs, or improved terms. This facility helps you save money and reduce your financial burden.
With our balance transfer facility, you can not only reduce your monthly financial burden but also avail additional funds through our top-up loan facility. Our streamlined process ensures quick disbursal with minimal documentation.
LIC HFL Home Loan Features
Lower Interest Rates
Enjoy competitive interest rates that can significantly reduce your monthly EMIs.
Attractive ROI
Benefit from attractive rates of interest on your loan amount.
No Pre-payment Charges
Freedom to pre-pay your loan without any additional charges.
Flexible Tenure
Choose a repayment tenure that suits your financial planning.
Get Sanctioned Online
Experience quick loan sanctioning with our digital process.
Easy Documentation
Minimal documentation required for a hassle-free loan process.
Home Loan Balance Transfer EMI Calculator
Calculate your monthly EMI with our easy-to-use calculator
Interest Rate on Home Loan
Salaried Applicants
| Loan Amount | Interest Rate |
|---|---|
| Up to ₹30 Lakh | 8.40% p.a. onwards |
| Above ₹30 Lakh | 8.50% p.a. onwards |
Self-Employed
| Loan Amount | Interest Rate |
|---|---|
| Up to ₹30 Lakh | 8.50% p.a. onwards |
| Above ₹30 Lakh | 8.60% p.a. onwards |
Interest Rate on Top Up Loan
| Loan Amount | Interest Rate |
|---|---|
| Up to ₹30 Lakh | 9.00% p.a. onwards |
| Above ₹30 Lakh | 9.25% p.a. onwards |
Home Loan Documents
KYC documents
- PAN Card
- Aadhaar Card
- Passport Size Photographs
- Passport/Voter ID/Driving License
Income documents
- Latest 3 months salary slips
- Form 16 for last 2 years
- Bank statements for last 6 months
- ITR for last 2 years (Self-employed)
Property Documents (incase property is identified)
- Property documents from current lender
- No objection certificate from current lender
- Existing loan account statement
- Property insurance documents
Maximum Loan Amount and Repayment Period
Loan to Property Cost
- Up to 90% of the property value
- Up to 95% for existing customers
- Up to ₹5 Crore loan amount
Maximum Repayment Period
- Up to 30 years for salaried applicants
- Up to 20 years for self-employed applicants
- Age-linked tenure for senior citizens
Note: The maximum loan amount and repayment period are subject to change based on prevailing policies and individual eligibility criteria.
WhatsApp support
Anytime, anywhere, our WhatsApp support is here. we are solving problems where you are.
Start a chat on WhatsAppReach Us at -
Email - support@swastikfinadvisors.com
Call us - +918588899496
