Interest rates in India are falling. Now, a small reduction in the interest rate on your loan could translate into big savings on you loan facilities. For example, a 1 % reduction on a home loan of 50 lacs over 20 years could mean a saving of over 5 lacs over the loan period! That's where customers can benefit by transferring their loan to some other lender. Balance transfers help borrowers to save money rather easily. Such transfers can help borrowers to reduce their monthly EMI or loan tenure or both.
Obtaining a loan transfer can be a frustrating experience. Which bank do you go to ? Who's giving the lowest rate? Is there a processing fee? Complicated and long forms to fill. At Saral Credit, we believe that taking a loan transfer should be very simple and hassle free. Just apply on our quick form and leave the rest to our trusted loan advisors. It's really Saral!
A balance transfer requires very minimal documentation. Applicants must submit the following:
Get lower interest rate benefit with immediate basis
The monthly payment obligation reduces significantly
Amount of money saved is significant
Pay same monthly EMI & reduce loan tenure, saves more on total interest payable
Applying for balance transfer is easy, other lenders prefer balance transfer business as it's low risk
Most lenders don't charge for loan closure or a charge nominal fee
1. Just fill up a simple form
2. Validate your details
3. Click on Submit button
1. Wide range of options
2. Customised loan solutions
3. Best deal on your loan
1. Priority processing by lender
2. Timely Feedback on your application
