Documents Required for Home Loan Balance Transfer
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During your application, being equipped with the documents required for a home loan balance transfer can make the entire process very smooth. We would need your original documents for verification and self-attested copies for submission.
A salaried employee would require to submit the following documents with their application:
A self-employed professional would require to submit the following documents with their application:
Like a home loan, few documents are required for a home loan balance transfer, such as proof of identity, residence, and income.
It is required that your current lender or financial institution issues you a NOC, that is, a No Objection Certificate. This certificate enables you to transfer your home loan and the outstanding amount to a new lender or financial institution.
Applying for Home Loan Refinance is very simple and convenient, and so is the verification process. We have an advanced, easy, and stress-free process established for the verification of Home Loan Balance Transfer documents.
Step 1: Submit your scanned documents
Step 2: Pay Home Loan processing fees
Step 3: Discussion with your bank
Step 4: Background check of the given documents
Step 5: If the documents are correct, your home loan gets approved
Step 6: Processing of confirmation letter
Step 7: Initiation of the Disbursement procedure
Some additional documents which may be required while opting for Home Loan Refinance are mentioned below:
Quick loan sanction | Part Prepayment available | Loan amount up to Rs.25 lakh
If you are an NRI and are looking for a Home Loan, Kotak provides you just that. Check out our NRI Home Loans section.
If you are looking for renovating your home, you can do so by taking Kotak’s Home Improvement Loans