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- Agri-Implement Loan(FL)
- Balance Transfer
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A Home Loan balance transfer involves transferring the outstanding balance of your existing Home Loan from one lender to another. This is typically done to benefit from lower interest rates or better loan terms offered by the new lender.
Certainly! A balance transfer allows you to benefit from reduced interest rates and lower EMIs while offering favorable loan terms.
The Home Loan balance transfer process usually doesn't need a guarantor if the borrower meets the eligibility requirements and has a good repayment history.
Yes, borrowers of under-construction properties can avail of a balance transfer loan from L&T Finance, subject to approvals and other policies.
Tax advantages for Home Loan balance transfers are available under Sections 24(b) and 80C of the Income Tax Act.
