*T&C Apply
*T&C Apply
*T&C Apply
Total saving in cash outflow
Savings In EMI
Proposed EMI
Existing EMI
Your Monthly EMI
For the years at the % of interest rate
Total Interest Payable
₹
Total Payment (Interest + Principal)
₹
Your EMI Will Be
Your Eligibility
₹
Income Tax Benefits
Income Tax Payable includes 4% cess.
Income Tax Payable After Loan
₹
Income Tax Payable Before Loan
₹
The essential benefit of a home loan balance transfer to Godrej Capital is the suitable rate of interest suited just for you. You get the added benefit of getting higher eligibility, along with a Top-Up loan, to take care of your extra needs. Thus making your overall monthly instalments at ease.
You can apply for a Home Loan Balance Transfer from our Godrej Housing Finance website. Our representative will get in touch with you, It usually takes 5-10 days to process the basics of the information you provide like personal details, financial data, employment details, and existing property information to view your loan offer.
There is no maximum amount that you can transfer. If you are eligible, your entire home loan outstanding balance gets transferred to Godrej Capital.
Yes. The repayment tenor can be extended up to a maximum period of 20 years for Self-employed and 30 years for Salaried customers respectively basis your eligibility and age.
No. There is no mandatory requirement for a guarantor.
A Home Loan Balance Transfer does not lower your credit score.
National Automated Clearing House (NACH) is a centralized structure created to make payments more accessible and cost-effective; NACH offers a fast and efficient clearing platform. The NACH debit mandate is used by GHF to automatically deduct monthly instalments from your bank account for the loan availed.
Two ways to cancel your NACH mandate are:
You can log in to the Customer Portal and request to cancel the mandate through the Write to Us section.
You can also send an email to customercare@godrejhf.com through registered email ID or call our Customer Care +91 22 68815555 through a registered mobile number and place a request for NACH mandate cancellation.
You need to mention the Loan Account Number (LAN) in the request, and our team will connect with you within 48 hrs.
Top Up Loans can tend to personal and professional needs like home furnishing, marriage, child's tuition business expansion, etc.
Customers opting for a Balance Transfer of their Home loan can additionally avail of a top-up loan from Godrej Capital subject to meeting the qualifying criteria.
You can avail a top up loan for a maximum term of 15 years
As a top-up loan is a primarily a new loan, standard processing fees apply to it as well.
No, it is not mandatory to obtain Insurance. However, Insurance is a voluntary risk mitigation device that helps customers in multiple ways, such as securing the asset, helping in paying off the loan liability in an unlikely event.
The insurance contract is between the Insurer and the customers. The company plays a limited role in facilitating the insurance contract between customers and Insurers. It will be the Insurer's responsibility to provide details and benefits to the customers.
Loan-linked Insurance covers a large amount of the loan liability. In any unforeseen circumstances like death, disability, hospitalization, and diagnosis of critical ailments, the Insurer can repay the loan liability through Insurance.
Credit-Life Insurance provides death cover for natural, accidental, and unnatural cause deaths. It also includes coverage for death due to Covid-19 and can be extended to co-borrowers. Customers can also avail the benefit of Section 80-C Income Tax deduction.
Survival-Benefit Plan is for critical illness insurance and provides additional cover for medical emergencies like heart attack, stroke, or cancer. Because these emergencies or illnesses often incur greater than average medical costs, these policies pay out cash to help cover those overruns where traditional health insurance may fall short. These policies come at a relatively low cost. However, the instances that they will cover are generally limited to a few illnesses or emergencies.
Health insurance aims to provide a defence against the hardship caused due to lack of income because of (a) Disease, (b) Accident, (c) Surgery and (d) hospitalization.
Property Insurance secures the property for which the loan has been availed; ensures the security of valuables within the house. It is applicable for entirely constructed property wherein the customer has possession of the property. The Claim amount is the reinstatement value of the property.