Home Loan-Balance Transfer
What is a Balance Transfer? Shifting your Home Loan/Loan Against Property/Business Loan Account from one Bank/HFC (Housing Finance Company) to another Bank/HFC is called a ‘Balance Transfer (BT)’ facility. Why Balance Transfer? Following are the important advantages of opting for a Balance Transfer facility explained in the illustration below. Illustration: Mr. Ashok is servicing a Home Loan […]