Hidden Costs Home Loan Balance Transfer

Case from my practice “A client almost cancelled a ₹14L-saving transfer because of ₹72,000 in upfront costs.” A Mumbai-based borrower came to me with a balance transfer offer — 1.1% lower rate, projected savings of ₹14 lakhs over 15 years. But when the new bank’s final cost sheet arrived, the upfront total was ₹72,400 — way above […]