ABOUT HOME LOAN BALANCE TRANSFER

A home loan balance transfer refers to the process of transferring the outstanding balance of an existing home loan from one financial institution to another. This is typically done by a borrower in order to take advantage of better interest rates or loan terms offered by the new financial institution. The process involves paying off the remaining balance of the original home loan with the new loan obtained from the new financial institution. Home loan balance transfer can be a strategic financial move that can potentially result in significant cost savings for the borrower over the long term.

https://www.bajajfinserv.in/