HOME LOAN BALANCE TRANSFER

Home Loan Transfer offers you the same home on better terms to suit your needs.

Key Feature:

Transfer your loan to a lower interest rate

Simple documentation and speedy processing

No charges on Foreclosure of existing Home Loan

Home Loan Transfer

Home Loan Transfer is basically Health check on your interest rate & taking a loan to pay off existing home loan(s). Future payments are made to the new financier. Typically, the choice to transfer is made when interest rates are lower than the original loan. A Top-up over the existing loan can provide you ready cash for any of your needs depending on your income eligibility & the value of the property.

You should go for Home Loan Transfer if:

You are trying to reduce your interest rate and lower your payments.

You are trying to reduce your home loan term to pay off your loan faster.

You want to use the equity in your house to get money for any of your needs. You can take a top-up over the existing loan to get the much needed cash to fulfill your needs.

As per the new RBI rules, there is no Foreclosure charges on your Home Loan, so Home Loan Balance transfer is advised as you will not be charged any amount towards the closure

Home Loan Transfer is based on your convenience. The procedure of acquiring the loan is made easy and the amount payable for your installments are designed to make you feel comfortable.

Quick Check

Even a 1.0% reduction in the interest rate can save you more than Rs.1.5 lakh on a loan of 10 lakh over a 20 yr period. The exact figure will depend on the rate on the existing loan, balance tenure etc. Call us now to know your savings under the Home Loan Transfer and find out how Atlas can get you a Home Finance that can meet your needs.