A Balance Transfer (BT) Loan allows borrowers to transfer an existing loan from one lender to another to benefit from better interest rates, lower EMIs, or improved loan terms. When used correctly, balance transfer can help reduce the overall cost of borrowing and improve monthly cash flow.
At Finexa Consulting, we provide professional Balance Transfer Loan Advisory services to help individuals and businesses evaluate whether a balance transfer is financially beneficial. As a Direct Selling Agent (DSA), we do not provide loans directly. Our role is to assess your existing loan, compare suitable bank and NBFC options, and guide you through the balance transfer process with clarity and transparency.
A balance transfer involves shifting the outstanding balance of your current loan—such as:
from one lender to another offering more favourable terms.
However, balance transfer is not always beneficial. It involves charges, eligibility criteria, and documentation. Professional advisory ensures that the move actually results in net savings, not hidden costs.
Many borrowers consider balance transfer based only on lower interest rates. This can be misleading without proper analysis.
Without expert guidance, you may face:
Our balance transfer advisory focuses on financial sense, not just interest rate comparison.
At Finexa Consulting, we follow a structured and transparent process to evaluate balance transfer suitability.
We begin by reviewing:
This helps us understand whether a balance transfer is worth considering.
Balance transfer eligibility depends on:
Different banks and NBFCs follow different BT eligibility norms. We assess your profile lender-wise to set realistic expectations and improve approval chances.
EMI and Cost-Benefit Analysis
Lower interest rate alone does not guarantee savings.
We ensure the balance transfer delivers actual financial benefit, not just short-term relief.
Balance transfer products vary significantly across lenders.
We compare bank and NBFC balance transfer options and guide you toward lenders that best suit your loan type and financial profile.
In some cases, lenders offer top-up loans along with balance transfer.
We ensure top-up loans are considered only when they align with repayment capacity and financial goals.
Balance transfer involves coordination between existing and new lenders.
We Guide You Through
Our structured documentation guidance helps avoid delays and ensures smooth execution.
We provide advisory support for:
Each loan type has unique norms, and our guidance is tailored accordingly.
Balance transfer may be beneficial if:
Our advisors help you identify the right timing and conditions.
At Finexa Consulting, we emphasize responsible financial decisions. Our advisory ensures:
We discourage balance transfer purely for short-term relief without long-term benefit.
We follow strict ethical standards:
All balance transfer approvals are subject to the discretion and policies of partner banks and NBFCs.
Our goal is to help you make financially sound decisions—not just switch lenders.
