Need A Financial Product Forums Loans List of charges to be paid on transferring home loan

This topic contains 1 reply, has 2 voices, and was last updated by  Sachin Mahajan 3 years, 4 months ago.

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
  • #47292

    I wish to transfer my home loan from HDFC to some other bank. I have heard that the new bank will have to offer 1% less on such transfer and I will have to pay certain charges for it. As per my research I will have to pay processing charges, legal fees, valuation fees, home loan insurance charges, stamp duty for mortgage. Am I missing anything or the list is ok?



    Your list of charges seems to be perfectly okay to me. However, I will suggest you to take property insurance rather than opting for home loan insurance.

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.

About Us

Simplypaisa, a web initiative by Elite Wealth Advisors Ltd, has the primary objective to help readers make smart financing decisions. What is smart finance? How to make smart financing decisions to procure assets or to meet one’s personal needs? Information is critical to make smart financing decisions: be it to purchase your dream house, a car, to start a business or to enable an entrepreneur to meet his/her working capital needs.Read More...


Elite Wealth Advisors Ltd.
S-8, DDA Shopping Complex,
Near Jeevan Anmol Hospital,
Mayur Vihar Phase-1, Delhi-110091.
Phone No: 011-42445800
Email :

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.