Loading
Moving an existing loan to another lending institution. Worth doing when the saving genuinely exceeds the cost of moving — and often it does not.
How we are paid and who is accountable for this file are both published openly.
We do not assess your eligibility. This is what the institutions receiving your file generally look at, so you know what your application is being read against.
The saving is a function of both. Late in a tenure, the arithmetic rarely works.
A clean record on the existing loan is the strongest part of a transfer application.
For secured transfers, the new lender values the property again.
Processing fee, legal and valuation charges, and MOD or stamp duty where applicable.
Most rejections are preparation failures, not eligibility failures. Every one of these is cheaper to fix before submission than after a decline.
The honest calculation is the break-even month, not the headline rate difference.
By then most of the interest has already been paid and the saving is small.
Many will reduce the rate on request. That costs nothing and takes one conversation.
Requirements differ by institution and by profile. This is the working set — gather these and the preparation stage moves quickly.
We establish what you need, what you earn and what you own — before a single document is collected.
Documents verified and organised against each lender's current criteria. This is the stage that prevents rejections.
Your file goes to the partner Bank or NBFC suited to your profile. One application, prepared properly.
We stay with you through queries, valuation and sanction until the lender completes the process.
Sometimes not. The break-even depends on the remaining tenure, the rate difference and the switching costs. If the arithmetic does not favour you, we will say so.
You will get an answer, not a pitch. If your file is not ready, we will tell you what stands in the way and roughly how long it takes to fix — with nothing captured.
No form first. Message us, call +91 73041 73640, or ask us to call you back at a time you choose.
If your file is not ready, we will say so and tell you what would change it.
Loan Manager is a loan facilitation platform owned and operated by Rectangle Consultancy and Services Pvt. Ltd..
Company information