Home Loan Balance Transfer
Switch your existing Home Loan to a better deal! Enjoy lower interest rates, top-up loans, and seamless service with MortBuzz Solutions PVT LTD.
Why Transfer Your Home Loan?
- ✔ Interest rates starting from 7.85%* p.a.
- ✔ Flexible repayment terms
- ✔ Minimal documentation
- ✔ Quick approvals
Top-Up Loan Benefits
Get an additional loan amount over your balance transfer for renovation, furnishing, or other home-related needs. No additional collateral or security required!
Features & Benefits of a MortBuzz Home Loan
Sizeable Top-up Amount
Transfer your existing Home Loan and get access to a top-up loan to cover housing needs such as renovations or furnishing.
No Prepayment Charges
Floating interest rate borrowers enjoy zero charges on part-prepayment or foreclosure of the loan.
Flexible Repayment Tenor
Choose from long-term repayment plans to ensure your EMIs stay manageable and stress-free.
Minimal Documentation
Enjoy a smooth application process with minimal paperwork, helping you reach your home faster.
Online Account Access
Manage your loan, EMI schedules, and payment history anytime using our intuitive customer portal.
Smart Loan Calculators
Use our online tools like EMI & eligibility calculators to make informed decisions before applying.
Why Transfer Your Home Loan to MortBuzz?
Lower Interest Rates
Reduce your monthly EMI burden and save significantly over your loan tenure by switching to a better rate. A smart move that makes your dream home more affordable.
Top-up Loan Facility
Need funds for interiors or renovations? With your balance transfer, unlock a flexible top-up loan—attractive rates, long tenors, and zero stress.
Renegotiated Terms
Update your loan terms to better suit your life goals and repayment capacity. A fresh start with terms that work for you—not the bank.
Improved Service & Digital Access
Get access to digital-first service, transparent processes, and a user-friendly portal to manage your loan on your schedule. Support you can rely on—anytime, anywhere.
Eligibility Criteria
Check if you're eligible to switch your home loan to MortBuzz and unlock better interest rates and exclusive cashback benefits.
For Salaried Individuals
- Indian citizen (NRIs included)
- Aged between 23 and 65 years**
- Minimum 3 years of work experience
- Employed with public/private sector or an MNC
For Self-Employed Individuals
- Indian citizen (Resident only)
- Aged between 25 and 70 years**
- Minimum 5 years of business vintage
- Steady, documentable income
**Upper age limit is considered at the time of loan maturity and may vary based on property profile.
Note: These are indicative guidelines and subject to change based on lender discretion.
Required Documents
Keep these documents ready to ensure a smooth and quick Home Loan Balance Transfer process.
- KYC Documents (Identity & Address Proofs)
- Mandatory Document (PAN Card or Form 60)
- Passport-Sized Photographs
-
Income Proof:
- Form 16 or Latest Salary Slips (Salaried)
- ITR & P&L Statement for Last 2 Years (Self-Employed)
- Previous 6 Months’ Bank Account Statements
- Business Proof with 5+ Years Continuity (Self-Employed)
Note: This is an indicative list. Additional documents may be requested during loan processing.
When to Consider a Home Loan Balance Transfer?
Make smart decisions by transferring your loan when it truly benefits you.
Lower Interest Rate
Switch to a lower rate to reduce your monthly EMI and save significantly over your loan tenure.
Changed Repayment Tenor
Choose a repayment schedule that better suits your financial comfort—shorter or longer as needed.
Need for Additional Funds
Avail of a Top-up Loan alongside your transfer and use it flexibly for housing-related expenses.
*Terms and conditions apply. Calculate your savings and costs before applying.