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Q.

Transfer to another person home loan

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4 Year

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0 2022-01-10T17:28:15+00:00

Home loans are a complicated matter. From applying for a home loan to securing it, the process is extensive. At times we think of how to transfer home loan to another, or it is possible to transfer the home loan.

Well, yes you can transfer home loan from one person to another if you are wondering how to transfer a home loan from one person to another in India.  As per my knowledge, if the borrower is transferring the home loan, he also needs to transfer his/her ownership. The transfer of a home loan is possible when the ownership is changing. If this is not the situation, then I don't think it is possible to transfer a home loan.

You can talk to bank authorities regarding your query and take their advice. I am sure you will be able to figure something out.

Good Luck!

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