I authorize instaemi.com

Instant Approval

  • Reduce EMI/Tenure
  • Save on interest payment
  • Special Rates on Balance transfers
  • Compare across banks
  • Choose Additional amount
  • Easy and quick processing
By proceeding, you agree to our Terms & Conditions

Confirm Your Credit History   Powered By

Answer Following Questions To Confirm You

Information mismatch found.Verify with correct answers to the following questions.

Compare Interest Rates, EMI & other details and choose the best Loan.

*PF & GST -Processing Fee & GST , ROI - Rate Of Interest,
EMI - Equated monthly Installment
Below Bank Eligibility      Meets Bank Eligibility

Quote Offers

Based on your net Take Home salary and loan amount

  Disclaimer:  Instant Approval is based on the details shared, final approval is subjected actual & credit history

Loan Eligibility


Proceesing Fee & GST

Total Loan Cost
Total Interest Payable

Prepayment Charges

Total Loan Cost

* Rates are subjected to change.
* Rates are indicative only. Final rates may depends on the customer profile.

Apply Details

Now apply for a Personal Loan online, All you need to do is provide your details below application form.

Loan Eligibility


Proceesing Fee & GST

Total Loan Cost

Rate Of Interest

About Balance Transfer

The Transfer of an outstanding loan from one Bank to another is called Balance transfer.

  • Any outstanding loan can be transfered to another loan at a lower rate of interest through Balance Transfer
  • Individuals can avail of a top-up to the existing loan if their eligibility criteria increases.
  • This benefit is available for personal, business and home loans.

Why should one go for Balance Transfer?

  • Save on the interest payment.
  • Reduce EMI/Tenure
  • Easy and quick processing.

Balance Transfer Products

Achieve all your goals and aspirations with the right kind of help, exactly when you need it.

Reduce EMI/Interest

By making your outstanding loan Balance Transfer at a lower rate of interest, You can reduce both EMI- which you pay Monthly and Interest- Which you pay through out the tenure


If additional amount is required you can also avail the benefit of TOP UP – An additional amount to the outstanding loan at the lower rate of interest if eligibility criteria exits

Features of Balance Transfer

Simple procedure

It can be accessed with minimum documentation and does not take time to procure as compared to secured loan.

Choose the additional amount

Top Up in additional to the exiting outstanding can be taken depending on income, obligations, repayment history (if applicable) and repayment capacity

Enjoy the Special rates

Special offer rates are available in case of Balance Transfer

Increase the Tenure

Tenure of the new loan can be increased which is irrespective to the old tenure

Balance Transfer- Eligibility

    Personal Loan:

  • 21 years of age for salaried individuals and 25 for self employed
  • 58 years of age for salaried individuals and 65 for self employed
  • Resident Indian/NRI
  • Rs 20,000
  • Rs 50,000
  • Rs 40,00,000
  • Salaried/ Self-employed professionals and nonprofessionals

  • Home Loan:

  • 21 years of age for salaried individuals and 25 for self employed
  • 58 years of age for salaried individuals and 65 for self employed
  • Resident Indian/NRI
  • Rs 20,000
  • Salaried/ Self-employed professionals and nonprofessionals
*These are general terms only. Policy norms vary from bank to bank and customer to customer.
  • PAN Card, Passport, Driving License, Voter ID, Aadhar Card,
  • PAN Card, Passport, Driving License, Bank Verification form.
  • Passport, Driving License, Voter ID, Aadhar Card, Mobile/Land line Bill, Rental Agreement, Gas Bond with Bill, Sale Deed, Property Tax,Electricity Bill, Aadhar Card.
  • 6 Months Bank Statement.
  • Latest 3 Months Payslips.
  • Company 3 years ITR's- Saral copy, Computation of Income, Profit and Loss Account, Balance Sheet with Schedules.
  • Business Registration certificate, Business Continuity Proof,OD/CC Sanction Letter.
  • All Directors KYC, Company PAN Card, Individual ITR, Patnership Deed, Provisional or VAT return copies along with VAT certificate copy, OD/CC Sanction Letter.
  • All Directors KYC, Company PAN Card, Individual ITR's, MOA/AOA, Share holding Pattern, Board Resolution.
  • Existing Loan Track/Sanction Letter.
  • Sale Deed Copy/Agreement Of Sale, 15 Years Link Documents, 15 Years Encumbrance Certificate, Municipal Sanction Plan, Latest Property Tax Receipt (incase of resale property) and Vendor Pan Card, LRS required for plot loans, Layout copy for plot loans.
  • One Photograph.

Frequently Ask Questions

Balance Transfer

Balance Transfer(BT) is a facility where in you transfer the balance outstanding on a loan or credit card to another bank at a lower interest rate. If used judiciously, it provides great savings. But the hard fact is that very few avail of it as not many are aware of the benefits. Ideally doing BT during the initial stages of your repayment tenure is much more beneficial as you can take advantage of the lower interest rate for a longer period. Also individuals with bad credit ( low CIBIL scores) can save more by opting for BT once their CIBIL scores have improved. For e.g.: if you took a personal loan at 20% interest rate a year back and your CIBIL score has improved during this period, you may qualify for a BT at 14%; which is a cool 6% lower. Some banks charge a foreclosure fee as a % of your outstanding principal balance, if you pre-pay your loan. The BT might entail some processing fee too. So this is an additional cost that you may incur while availing BT. So understand the exact cost of the BT and the total amount you will end up repaying; compare this against the total amount you will pay if you continue with the same loan. The following are the typical steps in a Balance Transfer. Each lender’s actual steps might vary depending upon their internal processes. #1 Seek a foreclosure letter, statement of account and list of property documents from your current home finance company #2 Compare and choose a home finance company #3 Loan application, income and identity documents to be submitted to the new home finance company #4 Credit appraisal by the new lender, including field investigation and loan sanction #5 Offer letter from new lender #6 Submission of legal documents and legal check #7 Technical and valuation check of the property #8 Signing of agreements and submission of post-dated cheques to new lender #9 Disbursement of loan favoring old lender Here are some tips to help you while opting for Balance Transfer. #1. Calculate whether it still makes economic sense to refinance; considering the fees and charges you might be forced to pay. #2. Confirm with the new lender that the low rate is not a teaser rate that will be contractually raised after say 6 months or pre-determined minimum period. Read the fine print. #3. Ensure that your paperwork is in order for the new lender, especially the property ownership papers, otherwise the disbursement can get delayed.

The minimum period differs from bank to bank but is usually between 1 and 12 months.

Yes, this facility is possible with a balance transfer program.

Loved by customers, Trusted by experts

We’re aiming to bring back the feeling of defined benefits, and the financial peace of mind that goes with it. We envision a world where you can be confident of reaching your goals, whatever they may be.