How much will I save on balance transfer?
Current Loan
Loan Amount
Tenure
Rate of Interest
Installments Paid
Eg. 40
New Loan
Processing Fees
Tenure
Rate of Interest
₹1,27,468
EMI Tenure will be increased by 40 Months
Current Interest
7,19,577
New Interest
5,72,874
Current EMI Tenure
10 Years
New EMI Tenure
10 Years
Outstanding Principal 19,23,438
EMI 34671

Switch to L&T HFL and Reduce Your Home Loan EMIs

Paying high interest on your current home loan? Make the smart move with an L&T Housing Finance Home Loan Balance Transfer. Enjoy the benefit of lower interest rates, a flexible repayment tenure, and an optional top-up loan to cover additional financial needs—all with quick processing and minimal paperwork.

This balance transfer facility is ideal for borrowers looking to save on EMIs and simplify their repayment plan without changing the property.

Why Choose L&T Housing Finance for a Home Loan Balance Transfer?

Competitive Interest Rates
Get access to reduced interest rates starting from as low as 8.65%* p.a., helping you lower your total interest outgo.

Top-Up Loan Available
Need extra funds? Apply for a top-up loan with your balance transfer and use it for renovation, education, medical emergencies, or other personal needs.

Fast and Easy Processing
Benefit from a streamlined application process with fast approvals and minimal documentation.

Extended Tenure Options
Repay comfortably with loan tenures of up to 30 years, based on your eligibility and repayment capacity.

Zero Hidden Charges
L&T HFL maintains full transparency in charges, offering clarity on processing fees and terms from the beginning.

Apply Home loan
Is Property Finalized?
When are you planning to finalize?

Key Features of L&T HFL Home Loan Balance Transfer

Feature Details
Interest Rate Starting at 8.65%* per annum
Maximum Tenure Up to 30 years
Top-Up Loan Available (subject to eligibility)
Processing Fee Competitive and transparent
Disbursal Time Within 3–7 working days post-documentation

Maximum Loan Amount Up to 90% of the property's current value

Who Should Consider L&T HFL Balance Transfer?

  • Borrowers currently paying high EMIs on existing loans
  • Individuals nearing mid-loan tenure looking to save on interest
  • Salaried and self-employed applicants with consistent income
  • Customers seeking additional funds via top-up loans
  • Applicants with a good repayment history and CIBIL score

If you've paid regular EMIs for 12 months or more and have a clear credit record, you may qualify for a balance transfer with L&T HFL.

How to Apply for L&T HFL Home Loan Balance Transfer

  • Step 1: Check your eligibility using the L&T HFL online tool or through an advisor
  • Step 2: Submit necessary documents digitally or at the nearest branch
  • Step 3: Get approval after quick verification and credit evaluation
  • Step 4: Loan amount is disbursed to close the existing home loan

interest rates Required

  • Identity proof (Aadhaar, PAN)
  • Property documents
  • Existing home loan statement (12 months)
  • Income proof (salary slips/ITR)
  • Bank statements (6 months)

Calculate Your EMI Savings

Use the L&T HFL EMI Calculator to compare your existing EMI with the new rate. See how much you can save monthly and over your loan tenure by making the switch. A lower interest rate could save you lakhs over the long term.

Ready to Save on Your EMIs?

Make a smart choice. Transfer your existing home loan to L&T Housing Finance and enjoy better rates, higher savings, and peace of mind with a reliable lender. Apply Now on TyTil.com

 

Frequently Asked Questions

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It allows you to transfer your outstanding loan amount to another lender offering lower interest rates or better terms.
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L&T HFL provides attractive rates, fast processing, top-up loans, and long repayment periods—all with transparent fees.
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Yes, you can opt for a top-up loan based on your eligibility at the time of transfer.
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Typically, 3–7 working days after submission of required documents.
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Yes, L&T HFL allows balance transfers for both individual and joint home loans, subject to documentation and eligibility.