Top Offers for Relocation Loan

LoanTap Offers various customised Loans for Relocation in your city

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Relocation Loan - EMI Free

If you are looking forward to funding all the relocation expenses like packers and movers’ services, furnishing, home improvement, rentals and so on, then Relocation loan - EMI Free is best suited for you. Expenses ranging from INR 7,00,000 to INR 10,00,000 can be met with this Loan for Relocation. You can enjoy interest only payments every month combined with bullet payments towards the principal outstanding every 3/6 months. This offer is Ideal for you if you are an IT professional who receives additional income from other sources or quarterly or half yearly bonus. This way you can have a reduced monthly instalment every month and make lump sum payments towards the Principal outstanding every 3/6 months.

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Relocation Loan - Term

With a Term Relocation Loan, salaried professionals and business owners can enjoy Fixed Equated Monthly installments which contain both Principal and Interest amount. This offer is best suited for you if you have just shifted to any other city and need financial assistance to buy furniture and electronics for your new home.This loan is best suited to fund expenses ranging from INR 3,00,000 to INR 7,00,000. So if you know the price of your purchases, are aware of the exact loan amount and tenure and your income is constant and uninterrupted, wait no more!

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Relocation Loan - Step Up

Enjoy interest only payments for the first 3 months followed by fixed monthly instalments for the remaining tenure with a Relocation Loan - Step Up. This is best suited if you wish to fund partial moving expenses ranging from INR 2,00,000 to INR 5,00,000. If you have lined up expenses in the initial months and will be fueled with liquidity in the near 3-4 months, this personal loan is the best solution. This way you can have low monthly instalments in the initial months followed by fixed EMIs for the remaining tenure.

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Relocation Loan - Overdraft

A Relocation Loan Overdraft is suitable for self employed and business professionals relocating to a new city. This loan is best suited if you are not aware of the exact amount of your expenses. With this Loan, you pay interest only on the amount you withdraw and not on the entire sanctioned amount. This Personal loan is best suited for individuals or businesses who have recurring expenses. So, if you have recently bought a house and are looking at multiple expenses of house fittings, furnishings, major repair, etc., apply for an Overdraft and enjoy a Credit card like facility at half the interest rate.

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Why take LoanTap’s Relocation Loan?

We understand that personal and professional goals change at various stages in life. While you are stepping into a new career opportunity, a little financial assistance can be of great help while setting up your home. Keeping in mind these requirements, LoanTap has designed a Loan for Relocation that will help you lower the strain of setting up a new life in a new city. With a Relocation Loan you can carry out all house/office relocation activities and pay in easy monthly EMIs.

Instant Approval & Disbursal

Our Relocation Loan can be availed with an easy online application process in less than 24 hours.

Flexible Repayments

LoanTap's customised Relocation Loan comes with flexible repayment options.

Minimum Documentation

You can avail a Relocation Loan by applying online with few basic documents

Transparent Process

Our loans for Relocation come with No hidden/pre-closure charges.

Eligibility criteria for Relocation Loan

To avail a Relocation Loan, you must qualify under the below mentioned eligibility criteria

  1. Individuals with a minimum income of INR 30,000 are eligible to get a Loan for relocation
  2. Indian Citizen/Residents who are 21 years & above
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Documents required for Availing a Relocation Loan

To avail a Relocation Loan, you must qualify under the below mentioned eligibility criteria

  1. PAN Card
  2. Salary Slips (last 3 months)
  3. Salary Account Bank Statement (3/6 months)
  4. Address Proof (If differs from permanent address)
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How we provide Relocation Loan in 24-36 hours

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Online Application

Apply for your loan while sitting at your home and upload the required documents

online application
Record your time for Representative visit

Download documents as per checklist, sign and handover to our representative who will come to your home or sign the e-Agreement

online application
KYC & Fund Transfer

We check documents, verify them and activate instant disbursal for your Relocation Loan

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