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Balance Transfer:
Balance Transfer is a facility offering the customer a choice to transfer the outstanding balance of the loan availed for better terms & conditions. Balance Transfer helps to move from higher rate of interest to lower rate of interest or increase in loan component as Top up.
Key Features :
- A wide range of product options with attractive fixed and floating rate options to choose from
- Additional top-up loan amount upto 100% of the original home loan amount at home loan rates
With this you not only end up saving on the interest expenses on your home loans, but additional loan which you can use as per your need. Balance Transfer is possible only from loans taken from HFCs approved by NHB for refinance, Banks or employer Loans taken from Central or State Government.
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