Balance Transfer

Transfer your loan to new HFC to get better interest rates

Transferring your home loan to a new bank / HFC can be a good option if the new bank / HFC offers a low-interest rate or additional top-up loan.

About Balance Transfer

A balance transfer is where part or all of the debit balance (or debt) you owe to another lender is transferred from one credit or store card to another, usually to save on interest repayments. A balance transfer credit card can be a good way to keep track of your balance and payments with everything in one place.

Altum Credo provides this facility wherein the loan will be extended for balance transfer from other financial institutions which may arise for better interest rates, services, etc.

By transferring high-interest balances to a credit card that features a promotional offer or lower rate, you could save on interest repayments, although remember that handling fees might apply to any transfers you make.

Loan Amount

The minimum loan amount under balance transfer is capped at Rs. 5 Lakhs. The maximum loan amount for the same goes up to Rs. 20 Lakhs.


The minimum tenure is 5 years and the maximum tenure offered under balance transfer is 15 years.

Our Other Loan Offerings

Home Improvement Loan
Home Loan Refinance
MSME Loans
Home Loans
Self Construction Loan

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