DIAGNOSTICS
Diagnostic scans with cutting-edge technology can cost thousands to lakhs and even more. The cost of a single MRI scan can reach a 5-digit figure. Sometimes, you might have to perform multiple tests and scans for a detailed diagnosis, which might cost a fortune.
HOSPITALISATION EXPENSES
The cost of hospitalisation is usually covered under health insurance but there are a few exclusions where insurance will not help. From room upgrades to special meals, and specialist doctors’ appointments to diet consultant fees, the expense may keep rising.
PHYSIOTHERAPY
Once out of surgery, post-operative care and treatment are a necessity in most cases. Each session requires the presence of the therapist along with specialised equipment. Multiple sessions like these could add to your financial burden.
HOUSEHOLD EXPENSES
While you are dealing with your unfortunate medical expenses, the usual monthly household costs also need equal attention. If you are down on luck and finances, expenses like children’s school fees, groceries, electricity, fuel charges etc. could become unmanageable without extra capital.
OPTIONAL TREATMENTS
Medical procedures and optional care treatments have become a requirement. You can pay for full dental implants, fertility treatments such as IVF, holistic treatments including acupuncture, naturopathy, weight loss programmes, and LASIK surgery, among other things, without having to touch your precious savings.
Features and benefits of our home loan balance transfer & top-up loan
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4 reasons why you should consider our Home Loan Balance Transfer
Understand the features that make our Home Loan Balance Transfer and Top-up a great option to ease your financial burden.
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Top-up loan up to Rs. 1 crore* or higher
Transfer your existing home loan to us and avail of a top-up loan of Rs. 1 crore* or higher, based on your eligibility.
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Low interest rates
With our low interest rates starting at 8.50%* p.a., refinance your home loan and pay EMIs as low as Rs. 769/lakh*.
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No restrictions on top-up use
Use the loan amount of Rs. 1 crore* or higher, based on your eligibility, to manage situations like medical emergencies, home repairs, education, and any other pressing needs.
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Convenient tenure
Repay the top-up home loan over a long tenure of up to 30 years* and manage your finances comfortably.
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Zero prepayment and foreclosure charges*
For individual and non-individual borrowers with floating interest rate loans and loan taken for non-business purposes, there will be no prepayment and foreclosure charges.
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Minimal documentation
Balance transfer process on home loans can be lengthy. We keep our document requirements to a minimum, ensuring a hassle-free process.
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Externally benchmarked loans
Choose an interest rate linked to an external benchmark, such as the Repo Rate, and benefit during favourable market conditions.
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Online account management
You can easily access your loan status and EMI schedule online, and download your statement of account, and other documents on our customer portal - My Account.
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*Terms and conditions apply
Home loan balance transfer & top-up loan EMI calculator
Enter a few details and check your home loan balance transfer & top-up loan EMIs.
Check your home loan balance transfer & top-up loan eligibility
Find out how much loan amount you can get.
How to apply for a home loan balance transfer & top-up loan
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Frequently asked questions
When you transfer your existing home loan from one lender to another, you are doing a home loan balance transfer. With Bajaj Finserv, this feature allows you to get low interest rates starting at 8.50%* p.a. more convenient terms, and a sizeable top-up loan up to Rs. 1 crore* or higher for your urgent financial needs.
A home loan top-up is additional financing available when you transfer your home loan to another financial institution. Refinance your current home loan with Bajaj Finserv and avail of a top-up loan up to Rs. 1 crore* or higher.
The top-up amount has no limitations on its usage which means, you can use the amount for anything, from the home renovation or interiors to even paying for emergency medical bills or a wedding.
You can apply for a home loan balance transfer any time after paying off 6 monthly instalments to your current lender. When applying, you must not have outstanding dues on your present loan.
There is no limit on the amount when transferring the home loan balance. The loan amount granted to you is based on your income profile, CIBIL Score, and the value of your home.
Typically, switching to a lender via a home loan balance transfer takes 5 to 10 days. This duration is also affected by how fast you receive the foreclosure letter and other documents from your current lender.
