If you fulfil the following criteria, then yes, you will be eligible for a home loan balance transfer -
- You are an Indian/NRI citizen
- Your age is between 23 and 65 years
- You are either a salaried or self-employed individual with a consistent income source
- The property is either already inhabited or ready to move
- You have completed at least 12 EMIs or monthly payments with your current lender
- You do not have outstanding payments on your existing loan