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Home Loan Balance Transfer
Apply For Fast Loan Balance Transfer

Home Loan Balance Transfer

Transfer your home loans online to us

Our home loan should not take a lifetime to repay. Nor should it take a large portion out of your savings or monthly salary. A Home Loan Balance Transfer may be a good solution if you are looking for ways in which you can manage your ongoing home loan EMIs better.

Pursuing your dream of owning a home by availing of a loan should not stop you from fulfilling other responsibilities. You should be able to provide for your child’s education, take care of your parents and support your family.

This is why, at Fullerton Grihashakti, we offer attractive Home Loan Balance Transfer options. Apply for a Home Loan Transfer today and enjoy a host of benefits.

Apply Now

Features Especially For your Home

Fullerton Grihashakti Balance Transfer Loan offers you a string of benefits when you opt for a home loan balance transfer with us

Top-up your loan:

In addition to your existing loan, depending on your eligibility, we allow you to borrow additional funds* when you opt for a home loan balance transfer from us.

Attractive Home Loan Balance Transfer interest rates:

We have some of the most attractive Home Loan Transfer interest rates in the industry. Don’t believe us? Get in touch with us today!

Customised repayment options:

Need a repayment plan that does not affect other expenses? We will create one just for you that meets your unique needs and requirements.

Lower EMIs:

Our attractive interest rates on Balance Transfer Loan, transparent fees and charges, and flexible tenures can help you manage your EMIs comfortably within your budget

Benefits of Fullerton Grihashakti Home Loan Transfer:

More funds in your wallet:

When you opt for a Home Loan Balance Transfer with us, our reasonable interest rates and exciting offers on top-up loan amounts allows you to avail more funds to fulfil your needs comfortably.

Readjust your repayment period:

With our Home Loan Transfer Online, you can always increase or decrease your repayment tenure to suit your finances. This helps you to plan your expenses more efficiently.

Home Loan Balance Transfer Loan Interest Rate

Through Fullerton Grihashakti, you can get a Balance Transfer Loan interest rate starting from 7.99% per annum.

Documents Required For Balance Transfer Loan

Following are the documents required for Home Loan Balance Transfer for salaried and self-employed borrowers

Type of Document Salaried Self-employed
Proof Of Identity
  • PAN Card
  • Voters ID
  • Driving License
  • Employee Card
  • PAN Card
  • Voters ID
  • Driving License

 

Proof Of Income
  • Last 3 months’ salary slips
  • 2 years’ Form 16
  • 6 months’ bank statement with salary credits
  • Last 2 years’ ITR with computation
  • CA audited Financial wherever applicable
  • 6 months primary bank statement
Proof of Residence
  • Aadhaar Card*
  • Latest Electricity bill/piped gas monthly bill
  • Ration Card
  • Property Tax/Water Bill
  • Aadhaar Card*
  • Latest Electricity bill/piped gas monthly bill
  • Ration Card
  • Property Tax/Water Bill

Documents pertaining to the property will also be requested.

*Terms and conditions applicable. Loans are sanctioned at the discretion of Fullerton Grihashakti. Please note that Aadhaar numbers should be masked before submission as per regulatory guidelines.

Home Loan Balance Transfer Eligibility Criteria

Following are the Home Loan Balance Transfer Eligibility criteria for salaried and self-employed borrowers

Salaried Self-employed
MNCs/Listed Public Ltd. Cos/Govt. individual businessmen/sole proprietorship
Pvt. Ltd. Organisations/unlisted or closely held companies/partnerships/proprietorship firms Professionals – doctors/architects/CAs
  Partnership Firms
  Pvt. Ltd. Organisations/unlisted or closely held companies

*Terms and Conditions apply. Loans are at the sole discretion of Fullerton India Home Finance Co. Ltd.

FAQ'S

What is Balance Transfer Loan and how does it work?

Balance Transfer Loan is where a borrower chooses a new lender against a better repayment plan and/or interest rates. Once the assessment of the borrower’s application and transfer documentation is complete, the borrower needs to start repaying EMIs to the new lender.

How do I apply for Balance Transfer Loan?

If you want to Home Loan Balance Transfer with Fullerton Grihashakti, please follow these steps:

  • Click on the “Apply now” button on this page.
  • Select the type of loan you wish to transfer
  • Select your location
  • Verify your mobile via OTP
  • Enter the requested information, and submit.

Our representatives will get in touch with you to take the Home Loan Balance Transfer ahead. Alternatively, you are welcome to give us a call at 1800 102 1003 or visit your nearest Fullerton Grihashakti branch**

What is the maximum amount allowed for Home Loan Transfer Online?

Depending on your eligibility, the maximum amount you can Home Loan Transfer Online could be the balance on your outstanding loan, or a top up on your existing loan.

How do I repay the loan after the Home Loan Balance Transfer?

Once the Home Loan Transfer Online process is complete, you owe the Balance Transfer Loan to your new lender. You can continue to repay the Balance Transfer Loan as per the terms and conditions of the new lender

What are the factors that affect my Home Loan Balance Transfer Eligibility?

Balance Transfer Loan is where a borrower Home Loan Transfer Online to a new lender against a better repayment plan. Once the assessment of the borrower’s application and transfer documentation is complete, the borrower owes the Balance Transfer Loan to the new lender. Additionally, the following factors will also play a role

  • Income source & stability
  • Total disposable income (monthly income minus monthly obligations)
  • Credit score and history
  • Existing debts
  • Repayment history
  • Location
  • Fullerton Grihashakti’s policy at the time of balance transfer application.
How long does it take to get a Home Loan Balance Transfer sanctioned?

The tenure for a Home Loan Transfer Online process is the same as applying for a new home loan. So, it typically takes anywhere from between 15-20 days, provided the property and loan documents from the previous lender are submitted on time.

What are the types of Balance Transfer Loans Online offered by Fullerton Grihashakti?

With Fullerton Grihashakti, you can opt to transfer your home loan or loan against property.

What are the Balance Transfer Loan interest rates with Fullerton Grihashakti?

The Home Loan Balance Transfer interest rates with Fullerton Grihashakti start at 7.99% per annum.

**Please note that due to the COVID-19 pandemic, our offices are running at minimum capacity in compliance with the government rules. Hence, it may take us a few days to reply to your queries.

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Mr. & Mrs. Vijaya Bhaskar Besta, Secunderabad
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Mr.Hemant Chandramani, Rajkot
Y. Sai Kumari Family, Vishakhapatnam

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Mr. & Mrs. Vijaya Bhaskar Besta, Secunderabad

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Pujan N. Maniar Family, Ahmedabad

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Mr. & Mrs. Chandrashekhar Shashtrimath, Karnataka

“Having a house of your own gives you a sense of security and fulfilment. Kudos to the Grihashakti team – they are very prompt in their services! Our home is very special to us as we bond together as a family and also spend quality time with friends.”

Rupam Das Family, Kolkata

“We were looking for a home of happiness and peace. Thanks to the Grihashakti team, who helped us to realise this dream of ours. Our home has been very lucky for us – ever since we have shifted to our new home, prosperity followed!”

Mr. & Mrs. Kaithepalli Harishkumar, Vishakhapatnam

“I was very excited when I moved to my first home. Along with purchase of my new home, I also needed some funds to renovate my home. Grihashakti has been very cooperative and made my loan process very smooth. I love the balcony of my house, where I see birds chirping every morning."

Mr. R Sarvanakumar, Chennai

“Our new house is very special to me as it was the first house after our daughter was born. With Grihashakti we completed the loan process very smoothly. I love the hall of my house, where I can watch my daughter play.”

N. Durga family, Chennai

“The best part of our new home is its locality! Situated near a children’s park, now our children get to play during evenings. Service from Grihashakti has been wonderful with speedy and hassle-free loan process.”

P. Vasanthakumari family, Chennai

“Having a home is a special feeling and we experienced this when we moved from our rented accommodation to our own home. We feel fortunate to come across Grihashakti, who made the entire loan journey so simple and fast. My favourite place in the home is the living room, where I can relax with my wife after a day’s work."

Mr. &Mrs. Rakoti Simhachala, Vishakhapatnam

“It was a great feeling to own my first home. I am thankful to Grihashakti for their assistance throughout the loan process. Now my home being closer to my workplace, I can spend a quality time with my family”

Mr.Hemant Chandramani, Rajkot

“Staying in a home of your own has its own comforts. And if it is your first home, the feeling becomes more special. Thanks to Grihashakti as they helped us to realise our dream. The entire home is very special to us as we build sweet memories every day.”

Y. Sai Kumari Family, Vishakhapatnam

“A home of your own makes you feel independent. My mother was so happy when I shifted her to my own home. Grihashakti has been really helpful in making the entire loan process smooth and hassle-free. The favourite place at my home is the living room where I can spend quality time with my mother.”

Ms.Reema Chandiramani, Bhopal

Our home being the first home of our own is very special to me. It has also been a symbol of security for us. Grihashakti has been really quick in their processes and helped us through the entire loan process. Every corner of our home reflects a part of us – happiness and peace!"

Mr. & Mrs. Dinesh Sharman, Bhopal

I really feel proud to own my first home. I am thankful to Grihashakti, as the employees were so cooperative that I didn’t have to visit the branch repeatedly. My favourite in the home is balcony, from where I can see the vast sky."

Ms.Anju Saini, Kishangarh

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