A Topup loan is a facility provided by banks, housing finance companies, and other financial institutions that allow you to borrow a certain amount of money over and above your home loan.
The topup loan is offered to customers who have an existing relationship with the lender, have a favourable credit rating, and have repayment ability.
Banks in the public and private sectors, small finance banks, and regular rural banks. foreign banks in India and non-banking financial companies (NBFCs) offer property loans.
Some banks to name a few are State Bank Of India, ICICI Bank, HDFC Bank. IDFC First, Tata Capital, Axis Bank, Kotak Mahindra Bank, IIFL, DHFL, and Poonawalla Fincorp. Karur Vysya Bank, Karnataka Bank, Deutsche Bank, PNB Housing Finance, LIC Housing Finance, Yes Bank, IndusInd Bank. Bank of Baroda, maha bank and some other banks
topup loan interest rates may range between 8% – 25% per annum. You may get a loan tenure of up to 20 years.
Please check your EMI through the loan EMI Calculator.
You can also check your credit score through a credit score provider
**The above rates may change from time to time. Please check with your bank for the current interest rate.**