Balance Transfer · Indicative guide
Balance Transfer
Move an existing loan to a lender with better effective terms, where eligible — after weighing foreclosure and processing costs.
Typical eligibility
- Existing loan with a clean repayment track, often 12+ months (varies by lender)
- Outstanding, rate and remaining tenure that show net savings
- CIBIL and income reassessed by the new lender
- Property re-verified for secured loan transfers
Typical documents
- Latest loan statement + foreclosure letter
- PAN + Aadhaar (KYC as the lender requires)
- Income proof and recent bank statements
- Property papers for secured transfers
Why apply through FAST Loan
A lower rate isn't always lower cost — we run the indicative maths on foreclosure, fees and tenure before you switch.
- Indicative options compared side-by-side — rate, tenure and charges, not just EMI
- A documentation checklist matched to your profile, so lender review isn't delayed
- One advisor from first enquiry to lender disbursal — no spam, clear next steps
Check a Balance Transfer with guidance
Tell us the basics — an advisor confirms indicative options for your profile before anything goes to a lender.
All figures on this page are indicative and vary by lender and applicant profile. FAST Loan (Finance Division of AM Group) is a loan facilitation service — not a bank or NBFC. Approval, sanction terms, interest rate and disbursal are decided solely by the lending bank/NBFC as per its policy.