BALANCE TAKEOVER balancetakeover balance.pptx

it is a ppt on balance and takeover and transfer

1. BALANCE TAKEOVER /TRANSFER

2. BALANCE TRANSFER/TAKEOVER REFERS TO THE TRANSFER OF EXISTING LOANS FROM ONE BANKS OR FINANCIAL INSTITUTION TO ANOTHER IN OUR CASE ICICI.

3. TYPES OF BALANCE TRANSFER: Home Loan Transfer Loan Against Property (LAP) Transfer Land Loan Transfer Lease Rental Discounting (LRD) And Non-residential Premises (NRP) Transfer The eligible borrowers encompass a range of business entities, including proprietorship firms, partnership firms, limited liability partnerships (LLPs), and private or public limited companies.

4. Here are the key features: - Enjoy quick processing with Express Balance Transfer - Select ICICI Bank customers can get an instant balance transfer offer of up to 1 crore - Transfer up to two mortgage loans with no documentation required - Get a top-up loan amount of up to 100% of the original loan amount - Enjoy an attractive rate of interest for balance transfer customers.

5. AGE PROOF: VOTER ID, DRIVING LICENSE, PASSPORT, OR AADHAR CARD. IDENTITY PROOF: PAN CARD, VOTER’S ID, DRIVING LICENSE, OR PASSPORT. RESIDENCE PROOF: LEAVE AND LICENSE AGREEMENT, PASSPORT, OR UTILITY BILL OF THE LAST 3 MONTHS. FOR INCOME PROOF, PROVIDE:- LATEST 6 MONTHS BANK STATEMENT WITH REPAYMENT SCHEDULE. LAST 3 MONTHS SALARY SLIPS. FOR BALANCE TRANSFER PROOF:- PROVIDE THE LATEST LOAN STATEMENT. IF YOU ARE AN EXISTING CUSTOMER ,THEN THERE IS NO NEED TO PROVIDE ANY DOCUMENTS YOU CAN GO TO YOUR I MOBILE ACCOUNT AND CHECK YOU PRE-APPROVED LOAN ELIGIBILITY AND THEN START WITH THE FUNDAMENTAL PROCESS JUST PROVIDE THE DETAILS OF THE LOAN YOU WANT TO TRANSFER TO ICICI DOCUMENTATION REQUIRED:-