Balance Transfer of Personal loans is a loan where you can transfer your multiple loans (up to 3 loans) to a single loan under one bank/institute for better rate of interest and can avail additional loan amount for your business purpose. Balance transfer is a very lucrative facility for individuals who have taken a loan, but surprisingly very few avail of it.

Almost all the Banks/NBFC rules says that you are eligible for a top up loan only after 6-12 months of paying off the earlier loan regularly. You can avail top up loan with your existing track record for your urgent requirement. It may be for business expansion or for personal need. You need to have good repayment record to avail a top up loan. The final decision is always with the loan provider. The Bank/NBFC will also investigate with you the purpose of taking the top up loan.

Customers who have availed a loan and are looking for better rate of interest are eligible for Balance Transfer of Loan. But the most important factor is that the customer must have good track record of the existing loan for top up loan. The final decision is always with the loan provider.

• Self Employed Professionals

• Self Employed

• Salaried Professional

1. Identity Proof

2. Address Proof

3. Bank Statement (Latest 12 months)

4. Last 3 yrs ITR along with other relevant docs like Balance Sheet, P&L, Audit Report

5. Business proof (Gumastha licensce)

6. Degree Certificate

7. Practice Certificate

• Application

• Processing

• Documentation

• Sanctioning of the Loan

• Disbursement

CFPL Gives you personalize solution & helps you to meet your financial requirement.

It will vary from bank to bank & also depends upon or borrowing capacity.

Interest is calculated on a monthly reducing balance basis.

No security/collateral is required in Personal loans.

Depends upon a financial & credit history.

The loan can be repaid through post dated cheques (EMI) or ECS (Electronic Clearing System)

Yes you can pre-pay the Personal loans after repaying a min. of 6 EMI's. Foreclosure charges would be applicable as per the banks term and condition.

The processing of the loans usually takes Approximately 15 working days after all the documents are submitted.

Comparing Balance Transfer of Personal loans online depends on many factors such as your income, your obligation (existing loan) your existing rate etc. In online approach you will get general comparisons while you can get a personalize solution from Creative Finserve, which will help you with the best rate of interest and services for Personal loans.

There is no process for applying online Balance Transfer of Personal loans unless and until you have a relationship with the same bank. Mandatorily you need to submit relevant documents and sign the application form to complete the formalities. Creative Finserve gives you a personalized solution for Personal Loan, so why to confuse yourself with online approach if you can get better rate of interest and maximum eligibility through Creative Finserve.

Customers having online banking can approach their respective banks for Balance Transfer of Personal Loan through net banking and get information about Balance Transfer of Personal loans. Appling online Balance Transfer of Personal Loan will give you information of your bank, and if you apply through us you will get information about other banks for better rate of interest, foreclosure charges, tenure and processing fees.

Appling online Balance Transfer of Personal loans will give you information about particular bank. And if you apply through us our professionals will get exciting offers from other banks for better rate of interest, foreclosure charges, tenure and processing fees.

Balance Transfer of Personal Loan eligibility calculator is a mechanism where you can calculate your Balance Transfer of Personal Loan eligibility by sharing your information such as your income and existing loan. This loan eligibility calculator cannot get you the exact loan amount so we recommend you to get in touch with our professional team to serve you better.

Rather than hunting in the market or approaching unprofessional consultants for better offers, give your few details and upload your few documents and get a personalized solution for your Balance Transfer of Personal Loan for better rate of interest in few minutes from our professional team.

Since Creative Finserve has immense experience and tied up with all multinational and private banks, we would be able to guide you and give you the best deal available in Personal Loan.

Balance Transfer of Personal loans EMI calculator is a process where you will be able to come to know the exact Balance Transfer of Balance Transfer of Personal loans EMI (installments) which includes principal and interest component according to your requirements.

We professional at Creative Finserve puts our best effort to give you a complete personalized solution. We take the pain of coordinating with various banks for you to give the best offer and service available in Personal Loan.

Choosing a right bank for Balance Transfer of Personal loans is a cumbersome process, Creative Finserve guides you properly according to your requirements and gives you a personalize solution for your Personal loans.

Once your Balance Transfer of Personal loans is sanctioned or rejected you will get a sms alert or call from the bank and if you have applied through us we will coordinate with the respective banks and inform you.

It depends upon the current rate of interest of your existing Personal loans as against the rate of interest available in the market. We recommend you to compare both the offers in our loan comparison calculator or else call us to get a personalized solution for your Personal Loan.