AU Bank Home Loan Balance Transfer

CIBIL Score

• CIBIL score preferably above 750

Required Documents

• Identity, age and address proof - Valid Passport,Voter ID Card,Aadhaar Card, PAN card and Valid Driving License
• Income proof - Salary Slips/ Bank Statements/ Form-16, Salary Certificate (cash salaried cases) and IT Returns and/ or Financial Statements of last 3 years And/ Or Informal Income Documents
• Other documents - Application form with photograph duly signed,Processing fee cheque,Proof of business existence and Last 6 months bank statements
• Property related documents - A letter on the letterhead of the existing lender stating the list of property documents held by them , Latest outstanding balance letter from the existing financial institution on their letterhead and Photocopy of the property documents

Loan Processing Charges

• 0.25% to 2%

Features

• Minimum Home Loan tenure – 1 Year
• Maximum Home Loan tenure – 30 years for Bank salaried and 20 years for Cash Salaried/SEP/SENP
• Available for non-income proof customers: Home Loan Balance Transfer is available with minimal or no income proof and with the support of other documentation.
• No hidden charges: Completely transparent process without any hidden charges.
• Doorstep services: Door-to-door services by AU Loan experts along with expert financial counselling.
• Easily available in rural India: Wide branch network with availability in rural, semi-urban and urban areas across locations.
• Wide network of approved financial institutions: You can transfer your home loans availed from other Banks/Financial Institutions to AU Small Finance Bank and get the opportunity to get an additional top-up loan.
• Wide branch network: Available at 400+ locations across India.
• Tax benefit: Under Section 24, 80EE & 80C of Income Tax Act.
• Different modes for payment available: E-NACH/ ECS/ ACH and other state-of-the-art modes.
• Reduced EMI Burden