Source Name : Bajaj Markets

Category Name : Business and Finance, General

Save Big with Loan Against Property Balance Transfer on Bajaj Markets

Updated: 26/09/2023

Pune, Maharashtra, India – Business Wire India

Bajaj Markets, a subsidiary of Bajaj Finserv, now enables one to transfer the balance of their existing loan against property. This option can benefit the borrowers in several ways to help save up on their repayment costs.
 
A loan against property can be transferred for a nominal charge, with minimal documentation. Provided below are some benefits of applying for a loan against property balance transfer:

•  Interest rates can be lowered through a balance transfer

•  Borrowers can get flexible repayment options and extended loan tenures

•  One can enjoy better loan terms with the help of a balance transfer

•  Individuals can get additional top-up on their existing loans

Here are some lenders who provide the balance transfer facility on Bajaj Markets, along with the interest rates they provide.

Lender

Interest Rate

Bajaj Housing Finance

10.20% p.a. onwards

PNB Housing Finance

9.24% p.a. onwards

ICICI Bank

9.25% p.a. onwards

LIC Housing Finance

9.45% p.a. onwards

Shubham Housing Finance

13.90% p.a. onwards

Shriram Housing Finance

12.50% p.a. onwards

Disclaimer: The values mentioned are subject to change at the lender’s discretion.

Loan against property balance transfer facility allows borrowers to reduce the strain on their monthly finances through lower interest rates and favourable loan terms. One can get access to this facility on Bajaj Markets. Individuals can also find other financial products like credit cards, investment options, and insurance plans on the Bajaj Markets app and website.

About Bajaj Markets

Bajaj Markets, a subsidiary of Bajaj Finserv, and one of the fastest growing fintech in India, is a one-stop digital marketplace that offers multiple financial products across all categories - Loans, Cards, Insurance, Investments, and Payments. Bajaj Markets has partnered with some of the most trusted names to offer choices to its customers and help them achieve their financial life goals.

Having started its journey as a fintech, Bajaj Markets has since then, built a very strong business as a techfin. Its technology services businesses are built on its core capabilities in consumer insights, technology, and data analytics. Its first B2B SBU, Skaleup, has been created to become the leading digital technology services provider in India through deep domain expertise and execution capabilities.

Bajaj Markets has built a new business unit to become the preferred partner for digital technology initiatives across all group companies of Bajaj Finserv. Herein, the strategy is to align with the digital technology roadmap objectives of all the group companies of Bajaj Finserv and offer digital technology services and platforms at market competitive rates.

Visit www.bajajfinservmarkets.in or download the Bajaj Markets app from Play Store or App Store. With Bajaj Markets, “Ab Choices Hue Aasaan”.

(Disclaimer: The above press release comes to you under an arrangement with Business Wire India. PTI takes no editorial responsibility for the same.)