We understand the challenges that life brings. With Godrej Capital, you can leave all your home financing worries to us.
We understand the challenges that life brings.
Make the switch to Godrej for hassle-free Home
Loans at the best rates.
If you’re looking to ease your financial burden, our low interest rates on Home Loan Balance
Transfer will be there to support you.
If you’re looking to ease your financial burden, our low interest rates on Home Loan Balance Transfer will be there to support you.
Total saving in cash outflow
Savings In EMI
Your Monthly EMI
For the years at the % of interest rate
Total Interest Payable
Total Payment (Interest + Principal)
Income Tax Benefits
Income Tax Payable includes 4% cess.
Income Tax Payable After Loan
Income Tax Payable Before Loan
Please note that as per Section 80C and Section 24B of the Income Tax Act 1964, one is eligible for tax saving benefits via both, the principal and interest components of the loan.
One of the primary benefits of opting for a home loan balance transfer is the suitable rate of interest offered by Godrej Capital. Also, a borrower gets an added benefit of higher eligibility along with a Top-Up loan. In short, at Godrej Capital, we enable utmost affordability and flexibility for repayment.
Once a customer applies for a Home Loan Balance Transfer with Godrej Capital, it takes up to 7 days days to process the application and view the loan offer. You can visit our Godrej Capital website and our representative will get in touch with you for all your information such as personal KYC, financial, employment details and existing property information.
There is no maximum amount for transfer. If you are eligible, your entire home loan outstanding balance can be transferred to Godrej Capital.
Yes. The repayment tenor can be extended up to a maximum period of up to 20 years for a self-employed individual and up to 30 years for salaried customers, basis the eligibility and age of the borrower.
No, there is no mandatory requirements of a guarantor for a home loan transfer. However, it may be subject to internal policies of the lender.
National Automated Clearing House (NACH) is a centralized structure created to make payments more accessible and cost-effective. It offers a fast and efficient clearing platform. The NACH debit mandate is used by Godrej Capital to automatically deduct monthly instalments from your bank account for the loan availed.
There are two ways to cancel your NACH mandate: are:
Please note that 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.