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Home loan transfer from HDFC to SBI


Home loan transfer from HDFC to SBI

Last updated: November 29 2014
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  • Home loan transfer from HDFC to SBI


    I want to transfer my home loan from HDFC to SBI. I have contacted few persons to know the process and have related information for documents and other details.

    But major part for me is how to write a transfer letter to HDFC, I mean is there any standard format or do HDFC provide any form for this?

    If somebody has any example for such letter, please help me.
  • #2


    Re : Home loan transfer from HDFC to SBI

    Jumbo I recently transferred my loan from HDFC to IDBI bank. There is no such application format. It is called balance transfer. SBI will tell you the formalities to do so. You need to get the current outstanding from HDFC so that SBI approves that loan amount. One that is done after signing an agreement withSBi they will make a dd in favour if HDFC in order to clear your existing liabilities. You need to submit sbi the documents held with HDFC and noc. Important you also need to get the letter from the builder not for transferring the loan. SBI will guide you about the process.


    Have any questions or thoughts about this?