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Top up loan

A home loan top up is a facility offered by lenders under which a borrower can take an additional loan over and above their existing home loan. The home loan top up facility is available only for existing home loan borrowers without the need for any additional security or guarantee. A top up loan on a home loan is a multi-purpose loan that can be used for any purpose.<br><br>

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Top up loan

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  1. Top up loan A top-up loan is a type of loan offered by lenders to existing borrowers who have an ongoing loan with them, allowing them to borrow additional funds on top of their existing loan amount. The amount of the top-up loan is calculated based on the borrower's creditworthiness and the outstanding balance of their existing loan. Top-up loans typically have lower interest rates than other forms of credit, making them an attractive option for borrowers who need extra funds. The funds obtained through a top-up loan can be used for a variety of purposes, such as home renovations, education expenses, or debt consolidation.

  2. Home Top up Loan

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