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

Transfer Your Home Loan to Sundaram HFL and Lower Your EMIs

Are your current home loan EMIs too high? With the Sundaram Home Finance Home Loan Balance Transfer, you can switch your existing home loan to a better rate and save significantly over time. Designed for responsible borrowers, this offer lets you enjoy lower interest rates, quick processing, and the option for a top-up loan, giving you more control over your financial journey.

Why Choose Sundaram Home Finance for Home Loan Balance Transfer?

Lower Interest Rates
Sundaram HFL offers competitive home loan transfer rates that help reduce your long-term interest outgo.

Top-Up Loan Option
Along with transferring your existing loan, you can apply for a top-up amount to manage expenses like home upgrades, education, or medical needs.

Quick Turnaround Time
Benefit from a simplified process, minimal paperwork, and faster approval—helping you make the switch without delays.

Extended Loan Tenure
Choose a repayment period of up to 25 years, depending on your loan amount and profile.

Transparent Charges
No hidden fees—just clear, fair pricing with competitive processing charges.

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

Key Features of Sundaram HFL Balance Transfer

Feature Details
Interest Rate Starting from 8.75%* per annum
Loan Tenure Up to 25 years
Processing Fee Minimal, based on loan amount
Top-Up Facility Available, subject to eligibility
Approval Time Within 2–5 working days post documentation
Loan Amount Up to 90% of the property’s market value

Who Should Opt for a Balance Transfer to Sundaram HFL?

  • Borrowers with high interest rates on existing home loans
  • Individuals who need additional funds through a top-up loan
  • Salaried or self-employed professionals with a stable income
  • Borrowers with a strong repayment track record and credit profile

If you’ve been repaying your current loan regularly for over 12 months, you may be eligible for a transfer to Sundaram HFL.

How to Apply for Sundaram HFL Home Loan Balance Transfer

  • Step 1: Check eligibility online or through an advisor
  • Step 2: Submit basic documents digitally or at a branch
  • Step 3: Await quick verification and approval
  • Step 4: Loan disbursal and closure of your existing loan

Documents Required

  • Identity Proof (PAN Card, Aadhaar)
  • Property Documents (Sale deed, Encumbrance certificate)
  • Existing Loan Statement (last 12 months)
  • Income Proof (Salary slips or audited financials)

Calculate Your EMI Savings

Use the Sundaram HFL EMI calculator to compare your current EMIs with the new interest rate. Instantly view how much you can save monthly and across the entire tenure by switching to Sundaram Home Finance.

Switch to Smarter Savings with Sundaram Home Finance

Don’t let high EMIs limit your financial freedom. Transfer your existing home loan to Sundaram Home Finance and enjoy lower interest rates, quick disbursal, and flexible repayment options. Apply Now on TyTil.com

 

Frequently Asked Questions

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A balance transfer allows you to shift your existing home loan to another lender offering better interest rates and loan terms.
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Sundaram HFL offers competitive rates, quick processing, flexible repayment options, and the benefit of top-up loans.
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Yes, eligible borrowers can apply for a top-up loan along with their balance transfer.
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You must have a good repayment history, a steady income, and complete at least 12 EMIs on your current loan.
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Typically, within 2 to 5 business days after document verification and agreement signing.