PLR changed from 14.50% Per Annum to 15.00% Per Annum with effect from 01st April, 2023.

Balance Transfer

Balance Transfer

If you have availed home loan / property loan in past and you are paying higher interest on the same and now looking for reduced interest rates then you can simply balance transfer your loan to SHFL in simple steps. Transfer your existing loan from other financial institutions to SHFL and save on the interest expenses through attractive rates of interest.

Purpose

  • Transfer of existing loan from any other finance company to save higher interest charges

    • Age

  • The applicant/co applicant should has minimum 21 years and maximum 70 years of age

    • Tenure

  • Home loan Balance Transfer is flexible as per customer requirement. Home loans ranging from tenure 5-25 years are available.

    • Rate of Interest

  • We provide floating rate of interest which is determined as per market conditions and it is linked to our BPLR – Benchmark Prime Lending Rate.

    • Home Loan Balance Transfer eligibility

    Minimum loan amount which can be availed from SHFL is Rs 1 Lakh and above. We provide funding upto 70% of Market value. Any salaried or self employed professional/non professional is eligible for home renovation loan from SHFL. However Home loan Balance Transfer amount is calculated by taking various factors as :-

    1. Age
    2. Income
    3. Profile
    4. Saving Habit
    5. Expenses
    6. Repayment Track record

    Benefits of availing Home loan Balance Transfer from SHFL

    1. Funding available across major part of properties under Delhi/NCR
    2. Personalized and Hassle free customer service
    3. Easy Documentation
    4. Transparent Processes
    5. Attractive Rates of Interest
    6. Fast and efficient loan processing

    Copyright ©2022 SHFL. Designed And Developed By SSPL IT-Team