- Home
- Balance Transfer
Paying too much interest? Move it.
Shift an existing home, personal or business loan to a lender offering a lower rate — and take a top-up if you need it.
0.5–3%Typical rate cut
Top-upExtra funds
7 days*Switch in
Why take your balance transfer through Credsey
Move your existing home, personal or business loan to a lender with a lower interest rate. Calculate your savings and get a top-up with Credsey.
- Lower EMI or shorter tenure — your choice
- Top-up loan at the same low rate
- We coordinate the foreclosure letter
- Works for home, personal and business loans
Balance transfer savings
₹
%
%
Years
Your savings
Total interest saved
–
- Current EMI
- –
- New EMI
- –
- Monthly saving
- –
Excludes processing fees on the new loan.
Eligibility
- At least 12 EMIs paid on the existing loan
- No missed payments in the last 12 months
- Credit score of 700 or higher
Criteria vary by lender. An advisor will confirm what applies to you.
Documents required
- Existing loan statement and sanction letter
- List of documents held by the current lender
- KYC and income proof
When is a balance transfer worth it?
When the rate difference is around 0.5% or more and a large part of the tenure remains. Our calculator shows the exact savings.
Are there any costs?
The new lender may charge a processing fee; floating-rate home loans have no foreclosure charges for individuals.
Will it affect my credit score?
The new enquiry may cause a small, temporary dip; on-time payments rebuild it quickly.