Chola Home Loan Balance Transfer & Top-Up

Balance Transfer and Top-Up

Chola Home Loan Balance Transfer allows you to transfer your home loan to Chola with a pre-approved top-up. Switching your home loan to Chola will give you improved tenure, better service, and hassle-free processing. With our balance transfer calculator, you may compare our terms with your current lender's.

Key Highlights

Hassle-Free Transfer
Better Terms
Pre-approved Top-up (For existing customers)

What is a Home Loan?

A home loan is a financing option that financial institutions provide to individuals, especially when purchasing a property.
What are the different types of home loans?
Chola offers the following types of home loans
- Self-Construction Loans
- Purchase of New or Resale Flat/Independent House
- Mixed-Use Loan (Residential/Commercial)
- Home-Extension Loans
- Balance Transfer and Top-Up
- Shop Loan
- Affordable LAP
How can I apply for a Chola Home Loan?
- Visit www.cholamandalam.com/get-home-loans
- Contact our customer care:
- Toll-Free: 1800-102-4565
- SMS: 9500000312
- Download the Chola One app.
What is the maximum repayment period for a home loan?

Home loans typically have a maximum tenure of up to 20 years.
Who could be a co-applicant for a home loan?

You can add your spouse, parents, or 21-year-old children as your co-applicant and apply for a joint home loan.
What is a home loan balance transfer?

Transferring your existing home loan from another financier to Chola is a home loan balance transfer.
Who is eligible for a top-up loan?
- Existing customers who have made timely repayment
- Customer who has opted for a balance transfer from other financiers to Chola
What is a floating rate of interest?

A floating interest rate fluctuates or changes along with market conditions.