Unlock Financial Tools, Investment Insights, And Expert Guidance – All In One Convenient App !
Visit Our ABCD Page
PLAY STORE
APPSTORE
1800 270 7000
Download
Insurances 
INVESTMENTS 
LOANS 
PAYMENTS 
QUICK SERVICES 
HEALTH INSURANCE 
Health Insurance
Housing Finance
Life Insurance
Mutual Funds
Personal Insurance
SME Finance
Stock & Securities
Home LoanFind customised home loan solutions for your unique needs
Balance TransferFind a better interest rate for your existing home loan
Top up Home LoanGet a loan on your existing home loan to meet your needs
Loan Against PropertyTurn your assets into a financial ally
Personal LoanMeet all your dreams and needs with a collateral-free Personal Loan
Flexi LoanMake loan repayment flexible and hassle-free with Flexi Loans
Instant Personal LoanGet quick funds with Aditya Birla Capital Instant Personal Loan
Long Term Personal LoanEnjoy affordable repayments and a flexible tenure with Aditya Birla Capital
Personal Loan EligibilityCheck your Aditya Birla Capital Personal Loan eligibility
Personal Loan Interest RatesEnjoy low personal loan interest rates for affordable repayments
Are you eligible for a Personal Loan? Find out now!
Calculate Now
Debt FundsDiversify your portfolio and reduce risk with Debt Funds
Equity FundsInvest smartly in Equity Funds to aim for higher returns
Hybrid FundsDiversify your portfolio and reduce your risk with a mix of equity and debt
Retirement FundsGoal-oriented fund with a lock-in period to create a corpus for retirement
Children’s FundsSecure your child’s financial future with solutions-oriented children’s funds
Exchange Traded FundsUnlock a smart, hassle-free way to invest in various assets
Fund Of FundsChoose the smart way to diversify risks and grow investments
Index FundsFollow the benchmark of smart investors to grow your wealth
Calculate wealth creation through lumpsum investment in Mutual Funds
Calculate Now
Equity TradingInvest or trade in equity for attractive returns and long-term capital growth
Margin Trading FacilityGet up to 5X leverage on leading stocks & increase your trading power
BondsGive your portfolio stability with attractive returns
Term InsuranceBring security and peace to life’s unpredictability
Retirement PlansGet a guaranteed regular pension plus lump sum on plan maturity
Savings PlansGet a guaranteed regular pension plus lump sum on plan maturity
ULIP PlansGet the benefits of insurance & wealth creation in one convenient plan
Find out how much life insurance you need with our Human Life calculator
Calculate Now
Health & Wellness PlansMake quality health care affordable and accessible
Super Top-up PlansGet extra coverage when you need it most
Life Insurance
Health Insurance
Mutual Fund
Home Finance
Personal Finance
Stocks & Securities
Home Loan Balance Transfer
Convenient transfer process- Top-Up on your existing loan
- Lower interest rates
- Customisable/ longer repayment tenure
Reasons to Transfer Your Home Loan to ABHF
Competitive Interest Rates
No more high interest rates! Get great interest rates on home loans that ensure savings on your monthly payments and over the loan's duration.
Instant Digital Sanction
Get Instant Digital Sanction for your top-up home loan applying at your convenience anytime anywhere on ABCD app
Easy Repayment Options
Select between EMIs or structured repayments, depending on what aligns more conveniently with your needs and budget.
Restructure Loan
You can opt for a higher or lower loan duration at the time of transfer depending on your situation
Top-up Loan
Avail of a Top-up Loan to cover additional expenses at comparable interest rates. There is no restriction on how you use it.
Transparency
You are informed about each milestone achieved in your loan journey
Which Loans Are Eligible For a Balance Transfer?
If you have any of the following loans from another lender, you can transfer it to ABHFL for a more attractive interest rate.
Home Loan
Home Improvement Loan
Home Extension Loan
Home Construction Loan
Plot and Home Construction Loan
Get A Home Loan In 5 Easy Steps
Compare interest rates and features.
Inform your existing lender requesting a balance transfer.
Get an NOC along with the remaining loan amount.
Fill out the documents with the new lender and restructure your loan if you want to.
Your new lender will assist you with your loan requirements.
04
Fill out the documents with the new lender and restructure your loan if you want to.
05
Your new lender will assist you with your loan requirements.
Interest Rates
Available
Find out the interest rates applicable to you.
For Salaried/SEP| Loan Type | Interest |
|---|---|
|
Balance Transfer |
8.60% p.a. to 15.25% p.a.* |
For Self Employed Non Professional| Loan Type | Interest |
|---|---|
|
Balance Transfer |
9% p.a. to 17.50% p.a.* |
Balance Transfer Eligibility
Before opting for a Balance Transfer, ensure you qualify and have the necessary documents.
Eligibility criteria
Existing home loan with financial institute other than ABHFL
- NationalityIndian citizen
- Minimum age for applying21 years
- Maximum age at loan maturity60 years for Salaried & 70 years for Self-employed
- Good Credit HistoryCredit score of 650 & above or New to Credit
- IncomeVaried criteria depending upon the loan amount. Existing EMIs will also be accounted for.
Fees & Charges
| TRANSACTIONS | CHARGES |
|---|---|
| Loan Processing/Administration Fee | Home Loans : Up-To 1% Of The Loan Amount Other Loans : Up-To 2% Of The Loan Amount |
| Part Payment/Pre-Closure Charges: |
• Floating rate loans given to individuals, where all applicants and co-applicants are individuals: Nil
• Home Loans (other than floating rate Home Loans to individuals): 2% of principal outstanding |
| Other Charges:
Default Penal Interest Rate / Non Conformance With Any Covenants / Stipulated Conditions |
24% P.A. I.E. 2% Per Month |
Disclaimer: The above charges constitute the rack rate for all customers. Actual charges for any customer, if different, will be as communicated at the time of loan sanction and disbursal and will be subject to changes from time to time.
| TRANSACTIONS | CHARGES |
|---|---|
| NACH Failure Charges | ₹750/- per instance |
| Accrued Interest |
As applicable based on actual delayed status or as communicated by the lender from time to time |
| CERSAI Charges | • When the facility amount is equal to ₹5 Lakh or lesser – ₹50 per property.
• When the facility amount is greater than ₹5 Lakh – ₹100 per property. |
| Pre-closure Quotes | ₹1,000/- per instance |
| Request for Any Copies of Any Collateral | ₹750/- per instance |
| Duplicate Statement/Repayment Schedule | ₹200/- per instance |
Disclaimer: The above charges constitute the rack rate for all customers. Actual charges for any customer, if different, will be as communicated at the time of loan sanction and disbursal and will be subject to changes from time to time.
| TRANSACTIONS | CHARGES |
|---|---|
| Stamp Duty, Legal and other Statutory Charges, Insurance Premium, Creation Charges with ROC | As per actual, where applicable |
Disclaimer: The above charges constitute the rack rate for all customers. Actual charges for any customer, if different, will be as communicated at the time of loan sanction and disbursal and will be subject to changes from time to time.
| TRANSACTIONS | CHARGES |
|---|---|
| Cheque Return Charges | ₹750/- per instance |
| CIBIL Report Retrieval Fee |
• ₹50/- per instance for Consumer and
• ₹500/- for Commercial CIBIL |
| Loan Re-Schedulement (at the discretion of ABHFL) Charges | 0.50% |
| NOC Issuance Charges | ₹500/- |
| Cancellation Charges (if any) | 4.00% of the loan amount disbursed |
| Swap Charges (Fixed or semi-fixed rate to floating and vice-versa) |
2% of the loan outstanding |
| Fees and Other Charges | Applicable GST @ 18% will be levied |
Disclaimer: The above charges constitute the rack rate for all customers. Actual charges for any customer, if different, will be as communicated at the time of loan sanction and disbursal and will be subject to changes from time to time.
Documents Needed
Proof of Identity and Address
Passport/ Aadhaar Card/ Voter's ID/ Driving License/ Job Card issued by NREGA/ Registration certificate/ PAN card (PAN Card only as identity proof)
Proof of Income
Salary slip for the last 3 months showing all deductions and Form 16
Bank statement showing salary
Latest 6 months
Proof of Other Income:
Rental receipts or documents showing receipt of income
Property Documents:
Copy of Title documents and approved sanction plan
Proof of Identity and Address
Passport/ Aadhaar Card/ Voter's ID/ Driving License/ Job Card issued by NREGA/ Registration certificate/ PAN card (PAN Card only as identity proof)
Proof of Income
IT Returns or financial documents for the last 2 years and computation of income certified by a CA for the last 2 years
Bank statement showing salary
Latest 6 months
Proof of Other Income:
Rental receipts or documents showing receipt of income
Property Documents:
Copy of Title documents and approved sanction plan
Balance Transfer Calculator
Find out how much you can save by transferring your home loan to ABHFL.
New eligible loan amount
₹ 0Total Interest
₹ 0Total Payable Amout
₹ 0Amount saved with BT
₹ 0Top Up amount eligible
₹ 0Customer Satisfaction Stories
Don’t just take our word for it. Hear from our customers about their successful financial journey with us
Aditya Birla Housing Finance Customer
Seamless onboarding experience and great support provided by the Relationship Manager during the documentation process.
Aditya Birla Housing Finance Customer
Hyderabad, India
Aditya Birla Housing Finance Customer
I appreciate the online documentation process which helped in ease of my loan process. I could get loan information through WhatsApp and other digital platforms.
Aditya Birla Housing Finance Customer
Belapur, India
Different financial needs, different loans, one app - ABCD
Looking for a home loan? Apply online with the ABCD app and get a quick loan. Move into your dream home with a hassle-free loan process.
-
Seamless digital application -
Check your EMIs to assess the affordability
-
Different loan options for different needs
PLAY STORE
APP STORE
Scan the QR code to download our Mobile App
Secure business loans for you
-
Low interest, flexible payments
-
One app, quick dispersals
Guaranteed returns with Fixed Deposit
-
Flexible deposit tenures
-
₹5 lakh deposits insured by DICGC
FAQs on Home Loan Balance Transfer
A home loan balance transfer is the process of transferring an existing home loan from one lender to another. This is typically done to secure a lower interest rate, better terms, or more favourable conditions. It allows borrowers to potentially save money on interest payments over the life of the loan.
Features:
• Transfer your existing home loan to a new lender.
• Potentially get a lower interest rate, which can save you money on your monthly payments.
• Possibility to extend the repayment term of your loan, lowering your monthly payments.
• Some lenders offer flexible repayment options.
• Possibility to find a lender with better customer service.
Benefits:
• Lower interest rates.
• Extended repayment terms.
• More flexible repayment options.
• Improved customer service.
Here are the steps to apply for a Home Loan Transfer at Aditya Birla Home Finance Limited:
1. Check your eligibility: Before applying for a home loan transfer, ensure you meet the eligibility criteria. This typically includes having a good credit history, a stable income, and a decent repayment track record for your existing home loan.
2. Gather the required documents: Prepare the necessary documents for your home loan transfer application. These typically include identity proof, address proof, income proof, property documents, and details of your existing home loan.
3. Choose the desired loan transfer amount: Determine the loan amount you want to transfer to ABHFL. This should be within the transferable limit set by your current lender.
4. Understand the loan transfer terms: Thoroughly read and understand the terms and conditions including the fine print of the home loan transfer agreement offered by ABHFL. Consider factors like processing fees, prepayment penalties, and any applicable discounts.
5. Submit the loan transfer application: Fill out the home loan transfer application form accurately and provide the required documents to ABHFL. You can apply online or by visiting a branch.
6. Undergo credit checks and property valuation: ABHFL will conduct a credit check to assess your creditworthiness and may also evaluate the property to determine its current market value.
7. Receive loan transfer approval and disbursal: Upon approval, you will receive a loan sanction letter outlining the loan terms and conditions. The loan amount will be transferred directly to your existing home loan account, closing that loan and establishing a new one with ABHFL.
For any assistance, you can also write to us at care.housingfinance@adityabirlacapital.com or call the ABHFL customer care number (1800 270 7000).
Yes, ABHFL offers home loan balance transfers, which allow you to transfer your existing home loan from another lender to ABHFL. This can be beneficial if you are seeking a lower interest rate, more flexible repayment options, or access to additional financing. To apply for a home loan balance transfer, simply select the "refinance" option on the application form. You may also be eligible for an additional top-up loan.
Here are some tips to ensure a smooth and hassle-free balance transfer process:
• Start planning early. The earlier you start planning your balance transfer, the smoother the process will be. This will give you enough time to compare the offerings of different lenders and choose the best one for your needs.
• Gather all the required documents. Before you apply for a balance transfer loan, make sure that you have all the required documents in hand. This will help to expedite the processing of your application.
• Keep your lender updated. Keep your lender updated on your progress throughout the balance transfer process. This will help to avoid any delays or complications.
• Be patient. The balance transfer process can take some time, so it is important to be patient. However, if you follow the tips above, you can help to ensure that the process is as smooth and hassle-free as possible.
ABC Of Home Loans
Find Us Near You
*The interest rate constitute the rack rate for all customers. Actual interest rate for any customer and will be as communicated at the time of loan sanction and disbursal. It will be subject to changes from time to time and is at sole discretion of ABHFL.
**ABHFL reserves the rights to call upon additional documents at its discretion. The documents will be collected by ABHFL.