Updated: Feb 14, 2022, 14:22 ISTShare:
Taken a Home Loan or a Personal Loan, but still need more funds?
Top-Up Loans can help meet:
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Personal expenses, like health emergency or your child’s education
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Business expenses, like paying bills or buying inventories
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Expenses for home repair and renovation.
Benefits of a Top-Up Loan:
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Attractive interest rates
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Longer tenure
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Easy eligibility and approval
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Tax benefits, if used for home repairs or extension.
Eligibility for a Top-Up Loan
You are eligible, if you have an existing loan:
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Home Loan
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Personal Loan
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Auto Loan.
You should have taken the loan at least one year back.
An EMI track record is important:
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You have paid EMIs, in a timely way
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There are no missed or overdue EMIs.