Paying 9%+ on your existing home loan? Rates have dropped to as low as 7.15%. On a ₹75 lakh outstanding balance with 15 years remaining, switching saves ₹11.8 lakh in interest. On ₹1.5 crore, it saves ₹23.6 lakh. We handle the entire switch — you just sign the papers.
Balance transfer savings depend on three numbers: your outstanding balance, remaining tenure, and the rate gap between your current lender and the new one. Use the calculator below for your exact numbers, or check the illustrative table underneath.
Enter your current loan details — we'll show your new EMI, total interest saved, and how much top-up you could add on the same rate.
Illustrative only — actual EMI, savings and top-up eligibility depend on the lender's final valuation, LTV norms and your credit profile. Switching cost estimate covers processing fee, valuation and MODT re-stamping; RBI mandates zero prepayment charge on floating-rate loans.
Confirm My Exact Savings on WhatsApp| Outstanding Balance | Current Rate | New Rate | Remaining Tenure | Monthly Saving | Total Interest Saved |
|---|---|---|---|---|---|
| ₹50 Lakh | 9.25% | 7.50% | 15 years | ₹5,109 | ₹9.2L |
| ₹75 Lakh | 9.00% | 7.50% | 15 years | ₹6,544 | ₹11.8L |
| ₹1 Crore | 9.25% | 7.50% | 15 years | ₹10,218 | ₹18.4L |
| ₹1 Crore | 9.00% | 7.50% | 20 years | ₹9,413 | ₹22.6L |
| ₹1.5 Crore | 9.00% | 7.50% | 15 years | ₹13,088 | ₹23.6L |
| Lender | BT Rate | Processing Fee | Top-Up Available | Time to Complete |
|---|---|---|---|---|
| SBI | 7.15% | ₹2K–₹10K | Yes (up to 80% of property value) | 15–21 days |
| HDFC Bank | 7.35% | 0.5%+GST | Yes | 7–12 days |
| LIC HFL | 7.25% | 0.25–0.5% | Yes | 12–18 days |
| Bajaj HF | 7.45% | Varies | Yes (up to ₹15Cr total) | 10–15 days |
| Tata Capital | 7.50% | Up to 0.5% | Yes | 7–10 days |
| Document | Source | Notes |
|---|---|---|
| Existing loan sanction letter | Current lender | Shows original terms |
| Last 12 months loan statement | Current lender / online | EMI payment track record |
| Outstanding balance certificate | Current lender (request letter) | As of a recent date |
| NOC / No Dues Certificate | Current lender (after BT approval) | Issued after new bank pays off old loan |
| Property documents | Your custody / bank locker | Sale deed, EC, tax receipts, RERA cert |
| Income proof (latest) | Employer / CA | New bank re-verifies your income |
| CIBIL report | Auto-pulled by new bank | Needs 700+ for best BT rates |
Balance transfer involves coordination between two banks, document collection, property re-valuation, and MODT re-stamping. Mintra handles all of this — you don't need to visit either bank or take leave from work. Our team collects documents, coordinates with both lenders, and gets your transfer done in 7–14 days.
Tell us your current bank, rate, and outstanding balance — we'll calculate your exact savings and handle the entire transfer if it makes financial sense. Free assessment, no commitment.
Check My Balance Transfer SavingsPublic-sector banks, private banks and NBFCs where Mintra has an active partner relationship
Lender options may be evaluated based on your profile; final approval is solely the lender's decision. Logos shown are of banks / NBFCs with which Mintra FinServ has an active channel-partner (DSA) relationship and do not imply their endorsement.
Mintra is a loan distribution & advisory partner (DSA/LSP) — we don't lend. We structure your case and match it to the lender most likely to approve it, on suitable terms.
We assess income, obligations and lender-specific norms to help you qualify for a larger, better-priced loan.
Self-employed, variable or multiple income sources, or existing obligations — matched to lenders comfortable with your profile.
Documentation gaps, approvals and property deviations guided and routed to lenders that can consider them.
Balance transfer to a lower rate, or a top-up on your existing loan — routed to the most suitable lender.
Who we are: Mintra FinServ (Mintra Financial Services Private Limited) is a loan distribution & advisory partner — an authorised DSA / channel partner of banks and NBFCs. We are not a bank or lender and do not sanction loans. The loan is provided by, and the final approval decision rests solely with, the selected lender.
Registered office: 3rd Floor, S L Square Building, 301, H.No. 3/5/886 to 888, Street No. 3, Above Kia Showroom, Himayathnagar, Hyderabad, Telangana 500029. Phone: +91 88866 36600. Email: connect@mintrafinserv.com.
Fees: Mintra does not charge you a fee for facilitating your loan enquiry. Lender processing fees, legal & valuation charges, stamp duty and applicable taxes are levied by the selected lender as per its schedule and are disclosed to you before you proceed. Any optional Mintra advisory service that carries a fee is agreed with you in writing in advance.
Affiliations: Bank / NBFC names and logos are shown only where Mintra has an active channel-partner (DSA) relationship; they indicate distribution partnerships, not endorsement. Interest rates, eligibility, and balance-transfer / top-up terms are set by the lenders and are subject to change without notice.