Personal Loan Balance Transfer Overview

LoanPao’s Personal Loan Balance Transfer in India helps you move your existing personal loan to a new lender with lower interest rates starting at 10.5% p.a. and extended tenures up to 7 years. Reduce your EMI burden and save on interest through our network of 500+ RBI-compliant lenders. Ideal for salaried and self-employed individuals with a good repayment history. The process is completed within 3–7 days via e-KYC. Explore related options like Personal Loan or Payday Loan for additional funding needs.

Apply below or use our EMI Calculator to estimate savings. Contact us at +91-999-163-4766 for assistance.

About LoanPao’s Personal Loan Balance Transfer

LoanPao provides personal loan balance transfer india for loan transfer to lower interest india. Get best personal loan balance transfer india with personal loan bt india offers. HDFC personal loan balance transfer india and SBI personal loan balance transfer india available. Check personal loan balance transfer offers india.

Key Features

  • Lower rates from 10.5% p.a.
  • Extended tenure up to 7 years.
  • Reduced EMIs and savings.
  • Top-up loan option.
  • Quick digital process.

Benefits of Personal Loan Balance Transfer

Lower Interest Rates

Reduce rates to as low as 10.5% p.a.

Reduced EMIs

Extend tenures up to 7 years for lower monthly payments.

Online Process

Seamless e-KYC and quick approval.

Trusted Lenders

500+ RBI-compliant partners.

Fast Processing

Complete transfer in 3–7 days.

Top-Up Loan

Option for additional funds during transfer.

Eligibility Criteria

Criteria Details
Age 21–60 years
Occupation Salaried or self-employed
Minimum Income ₹25,000/month (salaried); ₹3 lakh p.a. (self-employed)
CIBIL Score 700+ preferred
Existing Loan Active personal loan with 6+ EMIs paid
Nationality Indian resident

Check your eligibility with our CIBIL login tool or contact info@loanpao.in.

Documents Required

  • Aadhaar Card
  • PAN Card
  • Loan Statement (from current lender)
  • Salary Slips (last 3 months, for salaried)
  • Bank Statements (last 6 months)
  • Income Tax Returns (last 2 years, for self-employed)
  • Address Proof (if different from Aadhaar)

How to Transfer Your Personal Loan

Transfer your loan with LoanPao in 4 simple steps:

  1. Fill the form below with personal and loan details.
  2. Upload KYC and financial documents via e-KYC.
  3. Get approval from a new lender within 1–3 days.
  4. Complete transfer and start repaying at lower rates within 3–7 days.

Start your transfer or call +91-999-163-4766 for support.

Compare Balance Transfer Offers

Lender Interest Rate (p.a.) Tenure Processing Fee Top-Up Loan
Bank A 10.5%–14% 1–7 years 0.5–2% Available
NBFC B 12%–16% 1–5 years 1–3% Available
Fintech Lender C 11%–15% 1–6 years 1–2% Not Available

Note: Rates and terms are indicative. Contact LoanPao for updated offers.

Types of Personal Loan Balance Transfers

  • Standard Balance Transfer: Move your loan to a lower interest rate lender.
  • Top-Up Balance Transfer: Transfer with additional loan amount for other needs.
  • Tenure Extension Transfer: Extend repayment period to reduce EMIs.
  • Digital Balance Transfer: Fully online process with fintech lenders.
  • Consolidation Transfer: Combine multiple loans into one for easier management.

Market Insights

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Why Choose LoanPao for Balance Transfer?

Wide Lender Network

Compare offers from 500+ RBI-compliant lenders.

Fast Processing

Complete transfer in 3–7 days.

24/7 Support

Contact us at +91-999-163-4766.

Testimonials

"LoanPao helped with personal loan balance transfer india, reducing my EMI significantly."

- Amit Sharma

"Best personal loan balance transfer india with quick approval."

- Neha Gupta

Tips for a Successful Balance Transfer

  • Maintain a CIBIL score of 700+ for better rates.
  • Compare processing fees and foreclosure charges.
  • Ensure at least 6 EMIs are paid on your existing loan.
  • Use our EMI Calculator to estimate savings.
  • Contact LoanPao for personalized lender recommendations.

Frequently Asked Questions

A Personal Loan Balance Transfer moves your existing loan to a new lender with lower interest rates or better terms to reduce EMIs.

Salaried or self-employed individuals aged 21–60 with a CIBIL score of 700+ and an existing personal loan.

Lower interest rates from 10.5% p.a., reduced EMIs, and extended repayment tenures.

Aadhaar, PAN, loan statement, salary slips, and bank statements are typically required.

LoanPao ensures transfer completion within 3–7 days.