What typically happens for a Personal Loan transfer from one bank to another is that your new bank – HDFC Bank in this case – pays off your existing loan. If your current loan comes with a prepayment clause, you may have to incur those charges. Also, you may have to pay the processing fees for your new can transfer your HDFC Bank personal loan balance amount to an Axis Bank personal account. You can compare the interest rates between an HDFC personal loan and an Axis Bank personal loan and make your decision. You will need to check if the money you save by shifting from HDFC to Axis is concrete Loan Balance Transfer is a facility offered by Axis Bank for moving your outstanding home loan easily & at a lower interest rate. Read the features Bank offers you Visa enabled services to conveniently pay bills of a Visa Credit Card issued by any bank, or transfer money to a beneficiary's bank account using the Visa Debit Card number. The Visa Money Transfer facility can be accessed through the Internet by going to the option, Log on to Axis Bank Internet Personal Loan Balance Transfer - Eligibility and FeaturesAxis Bank Personal Loan Balance Transfer | Low EMI, Free AssistanceHDFC Personal Loan Balance Transfer - Eligibility and FeaturesAxis Bank Personal Loan Balance Transfer | Low EMI, Free Assistance02/08/2016 · All applicants seeking a Balance Transfer of a Personal loan to Axis Bank should meet the Personal Loan eligibility criteria eligibility criteria of Axis Bank. CIBIL Score The CIBIL score of the applicant should be above the minimum required benchmark, the repayment of the Personal Loan to be transferred should be regular & not have any default or delayed payments.
