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Loan Against Property Balance Transfer Top-up for Salaried for Higher Education

Higher studies can help you reboot your carrier. An MBA, MS or PHD have become a need of the hour to grow. While many desire to go for these courses in international universities, some might hold back due to finances. A Top-up Loan can help in these instances and lift your career. Consider our loan against property balance transfer that comes with a top-up of up to Rs. 10.50 Crore*.

VISA AND FLIGHTS

VISA AND FLIGHTS

Your student loan will cover your tuition, but not your visa, insurance, flight tickets and similar costs. These costs are big and could cause a dip in your savings. It’s easier to get a top-up loan to finance your overhead costs.

LIVING EXPENSES

LIVING EXPENSES

When you live on your own, the rent you pay per month isn't the only expense you have. Expenses like groceries, meals, transportation, clothes, phone bills and high-speed internet bills add up over time. These costs can add up quickly and make a big dent in your savings.

ELECTIVE COURSES

ELECTIVE COURSES

Your total fee goes up if you opt for more courses, and or extra electives. With an education loan, the basic tuition fee is taken care of, but you are responsible for these other costs. In this case, getting more money on top of the loan you already have helps a lot.

COURSE MATERIAL

COURSE MATERIAL

During the course of your studies, you might need to use a computer, software, and textbooks. Expenses like these can come up at any time and are usually not planned for. Consider using a balance transfer to add to your loan against property so you can always be financially ready.

EMERGENCY FUND

EMERGENCY FUND

Emergencies can happen at any time. If you don't have money on hand during these emergencies, it could get hard. Manage these emergencies with a top-up loan on loan against property balance transfer.

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Frequently asked questions

Why should I choose a loan against property balance transfer?

It is recommended that you choose a loan against property balance transfer when your present loan against property lending terms are no longer feasible for you. Transferring your loan against property balance to a different lender may entitle you to more competitive interest rates as well as the ability to get a longer repayment tenure along with a top-up loan.

Who can get a loan against property balance transfer?

Anyone with an existing loan against property can apply for a balance transfer with us. Choose us for low interest rates, top-up loan up to Rs. 10.50 Crore* and convenient repayment tenure. Your age, employment status, and city of residence are some of the key standards that you should meet for loan approval.

I am a salaried individual. Am I eligible for a loan against property?

A salaried Indian citizen residing in India, between the age group of 25 years to 85 years is eligible for the loan. Apart from that, you should have a stable income source and should be employed with a public or private firm. You must also carry an experience of minimum 3 years.

*Terms and conditions apply

What kind of documents are required for loan against property balance transfer?

If you are planning to apply for a loan against property balance transfer, you must be ready with some basic paperwork. A salaried applicant should have their KYC documents, proof of income (salary slips), property documents like title deeds, and account statements for the past 6 months, etc. handy.

What is the maximum repayment tenure for a loan against property?

You can repay the total sum borrowed over a convenient repayment tenure of up to 15 years*.

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