If you're thinking about a personal loan balance transfer, here are the top online platforms to consider this year for transferring your loan to another lender.
1. My Mudra
My Mudra continues to be one of India’s most trusted loan comparison websites. Its user-friendly interface allows borrowers to compare offers from multiple banks and NBFCs in real time. The platform also provides a dedicated balance transfer section, where users can check eligibility, get customized interest rates, and apply instantly—all from the comfort of their home. In 2025, My Mudra has also introduced an AI-powered loan advisor to help users make better decisions based on their credit profiles.
Why Choose Paisabazaar?
- Free CIBIL score check
- Real-time comparison from over 30+ lenders
- Quick approval process
2. BankBazaar
Another major player in the financial marketplace space, BankBazaar offers a seamless online balance transfer experience. The platform allows users to view personalized loan offers based on their credit history and income. In 2025, BankBazaar has improved its mobile experience, making it easier for users to initiate and track loan transfers on the go.
Key Features:
- Paperless processing
- Real-time eligibility check
- Mobile-friendly dashboard
3. Cred
Known for its sleek design and user-centric features, Cred has expanded beyond credit card payments and rewards. In 2025, it has partnered with top banks and NBFCs to offer exclusive personal loan balance transfer deals to users with high credit scores. Cred also uses your payment behavior to recommend the best transfer offers with lower interest rates and better terms.
Highlights:
- App-based loan transfer process
- Exclusive offers for Cred members
- No processing fees on selected deals
4. Navi
Backed by technology and minimal paperwork, Navi is ideal for those who prefer instant approval and disbursal. In 2025, Navi has enhanced its online loan transfer journey, offering fully digital KYC, instant balance transfer offers, and same-day processing. It’s especially suited for salaried individuals looking for quick savings on EMIs.
Why Navi?
- Instant loan eligibility check
- Fully digital process
- Low processing fees
Final Thoughts
With interest rates fluctuating and inflation impacting financial decisions, transferring your personal loan balance online in 2025 can help you save big on interest and better manage your cash flow. Platforms like My Mudra, BankBazaar, Cred, and Navi are leading the charge in simplifying the process and offering highly competitive deals.
