Home Loan Balance Transfer Overview
LoanPao’s home loan balance transfer in India 2025 helps you switch your existing home loan to a lender offering lower interest rates, reduced EMIs, or better terms. Partnered with 500+ RBI-compliant banks and NBFCs, LoanPao ensures a seamless transfer process, saving you money and simplifying repayments. Ideal for borrowers with high-interest loans, this service can reduce your financial burden significantly.
With rates starting at 8.4% p.a. and potential top-up loans, a balance transfer is a smart way to optimize your home loan. For new home loans, visit our Home Loan page.
Benefits of Home Loan Balance Transfer
Lower Interest Rates
Reduce rates to as low as 8.4% p.a., saving lakhs over the loan tenure.
Reduced EMIs
Lower monthly payments to ease your financial burden.
Extended Tenure
Extend repayment up to 30 years for affordable EMIs.
Top-Up Loan
Access additional funds for home improvements or other needs.
Fast Processing
Complete the transfer in 7–15 days with LoanPao’s support.
Secure Process
SSL encryption and transparent terms ensure safety.
Eligibility Criteria
| Criteria | Details |
|---|---|
| Age | 21–60 years (65 at loan maturity) |
| Residency | Indian citizen with valid KYC |
| Income | Minimum ₹3 lakh p.a. (salaried/self-employed) |
| CIBIL Score | 750+ with good repayment history |
| Loan Status | Minimum 12 months of EMIs paid on existing loan |
| Loan Amount | Outstanding balance up to ₹10 crore |
Check your eligibility with our CIBIL login tool or contact info@loanpao.in.
Documents Required
- Identity Proof: Aadhaar, PAN, Passport, or Voter ID
- Address Proof: Utility bill, Aadhaar, or rental agreement
- Income Proof: Salary slips (3 months), ITR (2 years), or business financials
- Property Documents: Title deed, sale agreement, NOC from current lender
- Loan Documents: Existing loan agreement, repayment track, foreclosure letter
- Bank Statement: Last 6 months
- Passport-size photographs (2–3)
How to Apply for Home Loan Balance Transfer
Transfer your home loan with LoanPao in a few simple steps:
- Complete the online application form with personal and loan details.
- Submit KYC, income, property, and existing loan documents.
- LoanPao compares offers from 500+ lenders for the best rates.
- Property valuation and verification by the new lender.
- Sign the new loan agreement and receive disbursal in 7–15 days.
Start your application or call +91-971-769-5334 for assistance.
Compare Home Loan Balance Transfer Providers
| Provider | Interest Rate (p.a.) | Loan Amount | Tenure | Processing Fee |
|---|---|---|---|---|
| Bank A | 8.4–9% | ₹10 lakh–₹5 crore | 5–30 years | 0.5–1% |
| Bank B | 8.6–9.5% | ₹5 lakh–₹10 crore | 3–25 years | 0.75–1.25% |
| NBFC C | 9–10% | ₹3 lakh–₹7 crore | 5–20 years | 1–2% |
Note: Rates and terms are indicative and subject to change. Contact LoanPao for updated offers.
Interest Rates and Savings
Home loan balance transfer interest rates range from 8.4% to 10% p.a., depending on the lender, CIBIL score, and loan amount. Transferring a ₹50 lakh loan from 9.5% to 8.5% could save over ₹5 lakh in interest over 15 years. Tenure options extend up to 30 years for affordable EMIs. Use our EMI Calculator to estimate savings.
Why Choose LoanPao for Balance Transfer?
Wide Lender Network
Compare offers from 500+ RBI-compliant lenders.
Savings Calculator
Use our EMI calculator to estimate savings.
Expert Support
Contact us at +91-971-769-5334 or info@loanpao.in.
Frequently Asked Questions
Apply for Your Home Loan Balance Transfer
Reduce your EMIs and save with LoanPao’s home loan balance transfer. Apply now or use our EMI Calculator to estimate savings. Contact us at +91-971-769-5334 for personalized guidance.
Apply NowApply for Home Loan Balance Transfer
Fill out the form below to explore balance transfer options. Our team will contact you within 24 hours.