The home loan bank transfer process helps borrowers move their existing mortgage from one bank to another for better interest rates or improved services. It involves submitting financial documents, obtaining a foreclosure letter, and completing verification steps. Once approved, the new bank settles the outstanding amount with the old lender, simplifying repayment and reducing long-term costs for many homeowners today.
https://www.mymudra.com/blog/h....ome-loan-balance-tra
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