Author: Khizar Seo Khizar Seo

A home loan is a long-term financial commitment, often spanning 15 to 30 years. Over this period, borrowers may find better interest rates, improved service quality, or more flexible repayment options with another lender. This is where a home loan transfer process, also known as a home loan balance transfer, becomes relevant. Understanding how to transfer a home loan from one bank to another helps borrowers reduce interest burden and improve overall loan management. What Is a Home Loan Balance Transfer A home loan balance transfer enables a borrower to transfer the outstanding loan amount from the existing lender to…