Eligibility For Personal Loan Balance Transfer

• For existing loans, there shouldn’t be any default on EMIs.
• At least 12 EMI on existing loan should be paid by the applicant.
• There should be a minimum outstanding loan amount toinitiate the balance transfer process (this varies from bank-to-bank).

*Should have a good credit/loan history.

*Note: Different banks/financial institutes have different eligibility criteria.