A Bank Transfer + Top-Up Loan is a financial product that allows borrowers to transfer their existing loan to a different lender while availing additional funds as a top-up. This type of loan is beneficial for individuals looking to lower their interest rates, extend repayment terms, or get extra financial support without applying for a separate loan. 

1. Loan Balance Transfer: Move your existing loan to us offering better terms, such as lower interest rates or flexible repayment options.

2. Top-Up Facility: Get additional funds over and above the transferred loan amount for personal or business needs.

3. Flexible Repayment Tenure: Choose a repayment period that suits your financial situation.

4. Quick Processing: Faster approval process, especially for existing borrowers with a good repayment history.

5. Lower Interest Rates: New lenders may offer competitive interest rates, reducing overall EMIs. 

1. A good credit score (usually 700+).

2. A stable income and repayment capacity.

3. A minimum repayment history (typically 12 months) with the current lender.

4. Property ownership (for home loans) or existing loan collateral. 

1. Identity & Address Proof (Any one of the following)

• Aadhar Card

• PAN Card

• Passport

• Voter Id

• Driving License

2. Income Proof

For Salaried Individuals:

• Latest 3 to 6 months’ salary slips

• Bank statements  of 12 months

• Form 16 or latest ITR

For Self-Employed Individuals:

• Business registration proof (GST certificate etc.)

• Bank statements  of 12 months

• ITR for the last 2–3 years

• Profit & Loss statement and balance sheet

3. Existing Loan Documents

• Sanction letter of current loan

• Repayment track record (last 12 months)

• Foreclosure letter from the existing lender (if applicable)

4. Property Documents (for home loans & mortgage loans)

• Sale deed or property title documents

• Latest property tax receipts

• Approved building plan

5. Additional Documents (if required)

• Recent passport-size photographs

• Processing fee cheque

• Any other document requested by the bank