Home Loans

Found your fantasy house but struggling with the price tag? We can help with Home Loans designed for your needs. Our low interest rates and easy EMI plans can help unlock the door to your future.

Loan Against Property

Our Loans Against Property can help you through life’s biggest moments. Weddings, personal passions, educational fees or career changes - we’ve got you covered. Refinance any existing commercial or residential property at the best rates today.

Balance Transfer

With our Balance Transfer option you can transfer your existing home loan to Godrej and enjoy the benefits of a plan that works for you. Along with interest rates tailored to your comfort, enjoy higher eligibility, along with a Top-Up loan, to take care of your extra needs.

Plot Loans

Found the perfect spot to build your future? Our Plot Loans can help make it yours. Our loans offer you the financial help, low interest rates and flexible payment options you need to construct the home of your dreams.

Business Loans

We give you the courage to take that next step that your business needs. Godrej Capital Business Loans empower you with customizable financing solutions to grow your business to the next level!

Commercial Property Loans

Take your business to the next level with a Commercial Property Loan that finances construction, extension or improvement to make your business goals become reality. With plans designed for your life, you can rest assured that your business empire is in safe hands.


Ready to Avail Home Loan Balance Transfer? Leap over these Hurdles for a Seamless Experience

If you are reading this, then you have already made up your mind to avail of the Home Loan Balance Transfer option. That’s great!


But before you take the leap of faith, let us forewarn you that there is more than what meets the eye. As a borrower, while you apply for a balance transfer, you may face some commonly faced hurdles. Let us talk about them in detail and the ways to overcome them.


Don’t miss our pro-tips and you can thank us later!


  1. Furnishing an Extensive List of Documents
    Documentation is an integral part of the lending process and applying for a Home Loan Balance Transferis no different!


    In fact, a Home Loan Balance Transfer is as good as applying for a new loan and your new lender will proceed with your application only after receiving all the documents. In the application process, along with the loan application, you need to submit your identity and address proof, income proof, property-related documents, foreclosure letter, no due certificate, etc.


    However, please note that while documents are extremely important, the lender will also consider your age, and income, among other things, before accepting your application.


    Pro-tip: Every lender has varying requirements for documents. It is advised that you connect with your preferred lender to gather more information about the documentation and keep them ready beforehand.


  2. Objections Raised by Current Lender
    Customers are of paramount importance to lenders, and there may be chances where your current lender may leave no stone unturned to retain you. To avoid conflict, you may talk to your lender beforehand about the transfer. It is also advisable to have your dues cleared by your new lender in time to obtain your No Due Certificate at the earliest


  3. Levying of New Charges
    As said, a Home Loan Balance transfer is akin to a new Home Loan application. You need to pay the processing fee and various other charges to your new lender. These could bring down your overall savings.


    Before signing on the dotted lines, clearly understand the charges you need to pay to your new lender. A vital aspect of a Home Loan balance transfer is to do a cost-benefit analysis and find out whether you are making substantial savings.


    Pro-tip: Always check with your new lender for any Home Loan Balance Transfer offers for the best possible deal. 



We’ve said this before – to err is human, but to take informed decisions pertaining to personal finances, divine! Thus, due diligence coupled with a holistic understanding of the Home Loan balance transfer process will help you identify the hurdles and overcome them with ease.


Godrej Housing Finance is a reputed entity in the Home Loan space offering balance transfer at competitive rates along with benefits like EMI break and top-up loan. Click here to know more about our offering.


Disclaimer: The names used in this article are fictitious and are used for representational purposes only.


The contents of this article is for information purpose only. For more details, please refer to the product or service document and/or connect with our customer representative prior to making any financial decision. The information is subject to update, completion, revision and amendment and may change materially. The information is not intended for distribution or use by any person in any jurisdiction where such distribution or use would be contrary to law or regulation or would subject Godrej Capital or its affiliates to any requirements. Godrej Capital or its affiliates shall not be responsible for any direct/indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information mentioned. Please consult your financial advisor before making any financial decision.