Cut Your EMI.
Save Lakhs on Interest.
Paying more than 12% interest on your loan? Transfer it to one of our partner lenders at just 10.5% p.a. and start saving immediately.
Example: ₹20 Lakh loan, 3 years remaining
Is Balance Transfer Right for You?
Transfer makes sense if your current rate is 2%+ higher than ours.
How Balance Transfer Works
Share Loan Details
Tell us your current lender, outstanding amount, and remaining EMIs.
Get Best Offer
We compare 30+ lenders and present you the best rate offer.
Lender Pays Off Loan
New lender directly pays your existing lender the outstanding amount.
Start Saving
Your new lower EMI starts from the next month. Savings from Day 1.
Balance Transfer Savings Calculator
See exactly how much you'll save — before you apply.
Your Current Loan Details
Your Savings Summary
Things to Check Before Transferring
A balance transfer is only beneficial when the savings outweigh the costs.
Foreclosure / Prepayment Charge
Your existing lender may charge 1%–4% of the outstanding amount as a foreclosure fee. Factor this into your total savings calculation.
Processing Fee on New Loan
The new lender will charge a processing fee of 0.5%–2%. Ensure your total savings over remaining tenure exceed these upfront costs.
Remaining Tenure
Balance transfer is most beneficial when you have more than 12 months (ideally 24+ months) remaining. In the early months of a loan, most of the EMI goes to interest, so savings are higher.
CIBIL Score Impact
A hard inquiry from the new lender will temporarily reduce your CIBIL score by 5–10 points. This is normal and typically recovers within 3–6 months.
Balance Transfer FAQ
Yes. Home loan balance transfer is one of the most popular and beneficial transfers because of the large outstanding amount and long tenure. Even a 0.5% reduction in rate can save ₹3–5 Lakhs over the remaining tenure. Our team handles both personal and home loan transfers.
Yes. Once your existing loan is closed by the new lender, your new loan begins from the next EMI cycle. There is no EMI holiday unless specifically negotiated with the new lender.
Yes. Most lenders allow a top-up loan at the time of balance transfer. The top-up rate may be slightly higher than the BT rate. This is useful if you need additional funds while transferring your loan.
On average, 7–14 working days from document submission to final disbursal by the new lender to your existing lender. The timeline can vary based on lender processing time and property verification (for home loans).
For personal loans, your current lender has no say — you have the right to prepay and close your loan. For home loans, the existing lender provides a "No Objection Certificate" (NOC) and foreclosure letter. This is a standard process they are obligated to provide.
Stop Overpaying Interest Today
It costs nothing to check. Your savings could be lakhs.
Balance Transfer Partners