ABHFL Express Balance Transfer is designed to make your loan journey smoother by offering a stress-free transfer process with competitive interest rates and minimal documentation. Whether you're looking to transfer your existing home loan or top-up your current loan, we provide flexible solutions tailored to your needs.
*Download to get complete details of Express Balance Transfer
Save on monthly EMIs and reduce your overall loan burden with attractive rates.
Simple and quick application process with minimal paperwork.
Enjoy speedy loan approval and quick fund disbursal.
Access additional funds based on your existing loan vintage.
Avail of balance transfers with waived legal charges from select financial institutions.
Choose flexible repayment terms of up to 25 years.
All terms, including the loan amounts applicable for Express Balance Transfer—₹3 crore for HL and ₹1 crore for LAP—are transparently defined upfront, with no hidden charges.
Easy balance transfer from other financial institutions.
Hassle-free process with minimal effort on your part.
Immediate access to funds for home purchase, improvement, or construction.
To qualify for ABHFL Express Balance Transfer, applicants must meet the following criteria:
General Eligibility Criteria:
• Must have a good credit score and repayment history. Existing loans must be in the same applicant's name or joint name. • Cibil Score: A cibil score of 700 or above for smooth approval
Note: Loan eligibility is subject to property valuation and submitted documentation.
Ensure that you meet the general and specific eligibility criteria for the ABHFL Express Balance Transfer.
Prepare the necessary documents, including salary slips (last 3 months), bank statements (last 6 months), KYC (digitally verified) , and ITR (last 2 years)
Apply here/now (with backlinked form) or visit the nearest branch to start your balance transfer process.
Our team will assess your application and loan details. Once approved, we'll notify you of the sanctioned amount.
Upon approval, sign the loan agreement. Your existing home loan balance will be transferred, and any top-up loan (if applicable) will be disbursed.
The transferred amount, along with any top-up loan, will be credited to your account promptly.
0.25% onwards of the loan amount + applicable GST (may vary as per customer risk profile).
12% p.a. above current applicable interest rate (aggregate not exceeding 24% p.a. + GST).
₹3,000 per month (for delay in submission of Title document, Security perfection documents, Mortgage Deed, Charge creation with MCA, or non-adherence to loan agreement terms).
₹750 per instance.
₹1,000 per month in case of secured loans (for invalid, inactive, or closed/frozen bank accounts).
₹750 per instance per loan account.
As applicable based on actual delayed status or as communicated by the lender from time to time.
When facility amount is equal to ₹5 Lakhs or lesser – ₹0.50 per property | When facility amount is greater than ₹5 Lakhs – ₹100 per property.
₹1,000 per instance.
₹750 per instance.
₹200 per instance.
₹750 per instance.
₹50 per instance for Consumer | ₹500 per instance for Commercial CIBIL.
0.5% of principal outstanding + applicable GST (Change in EMI/tenor as per eligibility norms).
0.25% + GST on principal outstanding (capped at ₹7,500 per instance).
₹500 per instance.
2% of principal outstanding + applicable GST.
As per actual, where applicable.
Wherever applicable, GST @ prescribed rates will be levied on these charges.
Aadhar Card
Passport
Voter ID
Driver's License
Easily calculate EMIs and check eligibility with our user-friendly tools.
*Note- The calculated interest is an estimate, the final amount will be determined upon approval.
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Find answers to all your home loan queries in our FAQ section. Learn about eligibility, loan tenures, interest rates, required documents, application process, and more. Simplify your journey to owning your dream home with clear guidance.
An Express Balance Transfer allows you to transfer your existing home loan from one lender to another, usually for better interest rates, lower EMIs, or additional funding options.
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