Balance Transfer Calculator

Compare an existing loan with a balance-transfer scenario.

Loan type

Sanction amountCurrent outstandingCurrent interest rate (% p.a.)Remaining tenure (months)Foreclosure chargesNew interest rate (% p.a.)New tenure (months)Processing charges

Monthly saving

₹622

Current remaining interest minus the new interest and cash charges.

Current EMI: ₹11,250
New EMI: ₹10,629
Interest saving: ₹22,380
Net benefit: ₹22,380

Results are estimates for discussion. They do not guarantee loan approval. Lenders decide on their own rules.