Multiple banks. Different interest rates. Call it a "conflict of interest".
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    We found 31 Top up Loan

    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    11.49% - 15.99% Fixed
    0.5%
    30L Max
    1-5 Years
    Response Time Within 30 minutes
    Rs.1,000 Amazon voucher free Ad
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    Fees & Charges
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    Customer Reviews
    10.99% - 14.49% Fixed
    0
    30L Max
    1-5 years
    Response Time Within 30 minutes
    Rs.1,000 Amazon voucher free Ad
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
    Customer Reviews
    12% - 18% Fixed
    Up to 1.5% One time fee
    15L Max
    1-5 years
    Response Time Within 30 minutes
    Rs.1,000 Amazon voucher free INSTANT DECISION
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    Fees & Charges
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    Eligibility Criteria
    Customer Reviews
    11.99% - 19.50% Fixed
    0 One time fee
    20L Max
    1-6 Years
    Response Time Within 30 minutes
    Rs.1,000 Amazon voucher free Paperless approval option available
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria
    Customer Reviews
    13.99% - 16.99% Fixed
    1% - 2% One time fee
    20L Max
    1-5 years
    Response Time Within 30 minutes
    Rs.1,000 Amazon voucher free Paperless Approval Option Available
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria
    11.00% - 17.99% Fixed
    2.25% (min. ₹1149) One time fee
    20L Max
    1-5 Years
    Response Time Within 30 minutes
    Rs.1,000 Amazon voucher free Paperless approval option available
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
    Customer Reviews
    10.85% - 11.85% Floating
    0.5% One time fee
    50 K - 10 L
    1-5 Years
    Response Time Within 30 minutes
    Guarantor Required Paperless approval option available
    What you'll love
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    Perks
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    Fees & Charges
    Good to Know
    Eligibility Criteria
    10.99% - 19.8% Fixed
    Up to 2.5% One time fee
    25L Max
    1-5 years
    Response Time Within 30 minutes
    Paperless approval option available
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
    Customer Reviews
    11.99% - 19% Fixed
    Up to ₹3000 One time fee
    25L Max
    1-5 years
    Response Time Within 30 minutes
    Rs.1,000 Amazon voucher free Paperless approval option available
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
    Customer Reviews
    17.25% - 37% Fixed
    1.5% to 6.0% One time fee
    15L Max
    1-4 Years
    Response Time Within 30 minutes
    Paperless approval option available
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
    11.49% - 20.15% Fixed
    Up to 2%
    15L Max
    1-5 years
    Response Time Within 30 minutes
    Rs.1,000 Amazon voucher free
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
    Customer Reviews
    11.5% - 13.25% Fixed
    0 One time fee
    30L Max
    1-5 Years
    Response Time Within 30 minutes
    Rs.1,000 Amazon voucher free
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria

    Top up Loan is Rated as "Great!" by 76083 Users

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    Personal Loan BYTES FROM OUR KITCHEN

    What is Top up Loan?

    Let’s say that five years ago you had availed a home loan worth Rs. 50 lacs and the term of the loan was set at 15 years. Time has passed and the loan’s current outstanding amount is 35 lacs. It is now time for you to undertake major home renovations but do not have the required funds for the renovation. Your best option at the moment is a personal loan, or is it?

    Top-up loans are great options for individuals who have already taken a Personal Loan but require additional funds for any reason whatsoever. There are several benefits of taking a top-up loan, starting with a low rate of interest in comparison with personal loans. Tax benefits are also offered to customers who avail top-up loans.

    Perfect Personal Loan Deals for you

    The Working of Top-up Loans

    The financial institution or bank that sanctions the top-up loan to a customer allows the customer to borrow a particular amount in excess of the home loan amount initially availed by the customer. However, there are a few conditions that apply. They are as follow:

    Personal Loan Offers
    1. The customer must have taken a home loan from the bank it approaches for a top-up loan.

    2. Top-up loans can only be acquired after six to twelve months or after a predetermined number of years of pleasing repayment record so far as the home loan is concerned. Some banks may also have extra conditions with regards to the possession or completion of the house prior to sanctioning a top-up loan.

    3. The permissible amount on a top-up loan is 70% to 75% of the property’s current market value minus the amount outstanding on your home loan. Hence, if the property value is Rs. 60 lacs and Rs. 30 lacs is the amount outstanding on your home loan, the top-up loan amount that can be availed is 15 lacs to 18 lacs.

    4. Some banks have a condition where in the outstanding home loan amount and the amount availed through the top-up loan cannot exceed the initial home loan amount availed. In this case, the maximum amount that can be borrowed through a top-up loan is Rs. 5 lacs if the outstanding loan amount is Rs. 35 lacs and the original sanction amount is Rs. 40 lacs.

    5. The initial home loan’s outstanding tenure is usually the tenor of the top-up loan. For instance, if there are seven years remaining on the home loan, the top-up loan’s tenor cannot be more than seven years.

    6. The banks usually seek no extra security.

    The terms and conditions of top-up loans are different with different financial institutions. However, the interest rates associated with top-up loans is usually 1% to 2% more than the rate of interest rate applicable to the home loan. Despite this, the interest rates applicable to top-up loans are significantly lower than those charged by personal loans. Also, banks don’t generally monitor the manner in which the customer uses a top-up loan, so customers are free to use the funds for vehicle purchases, child education, to repay personal loans, vacation, home renovation, etc.

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  • Top up Loans Reviews

    • HDFC Bank Personal Loan
      "Personal Loan balance transfer "
      0.5 0.5/5 "Unacceptable"
      Very worst service I ever seen even in national bank other government office, personal advice don't apply any type of loan even for closure they make you to run around them, it almost more than a month I am running around back to get my DD even customer care not responding well the greviance is worst not replying to ur mail
      Was this review helpful? 0
      , chennai
      Reviewed on Jun 27, 2017
    • HDFC Bank Personal Loan
      "Interest rate should be flexible "
      0.5 3.0/5 "Satisfactory"
      I got best offer from HDFC according to my company policy, they gave me good interest rate on personal loan. But without informing they have taken processing fee and insurance amount from the disbursement, they should give clear picture about the charges.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jun 27, 2017
    • Bank Bazaar Customer Support
      "Good financial website"
      0.5 4.0/5 "Great!"
      Bank Bazaar is good when I uploaded the loan request, I received the response immediately from them. Bank Bazaar has good loan segregation process, I could check and take the best product in the market. The website is easy to use, but I would like to suggest Bank Bazaar should enable the one time registration option, when I am filling my information it should capture it next time when I am checking for some other products again it should not ask the details.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jun 27, 2017
    • Kotak Personal Loan
      "Communication part should be improved"
      0.5 2.0/5 "Expected more"
      I am ready to avail Kotak Mahindra personal loan, but they rejected my loan application without initmation, Infact I didn't receive any call or any message from them and no one came to collect the documents. I would like to suggest them to improve their communication part, also they need to be more transparent in their process.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jun 27, 2017
    • Bank Bazaar Customer Support
      "Really good"
      0.5 4.5/5 "Excellent!"
      The bank bazaar gives a prompt response and the regular follow to their customers. I really appreciate the bank bazaar effort which was given to the customer in terms the service, follow up in any case. The customer service and the response is really good with bank bazaar. The bank bazaar web site is easy to use and user friendly.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jun 26, 2017
    • Bank Bazaar Customer Support
      "Very Good Service"
      0.5 5.0/5 "Blown Away!"
      Bank Bazaar is an excellent service provider, I am getting good and satisfactory service. Whenever I took any financial products through Bank Bazaar. I am happy about that, I came to know Bank Bazaar through a google search. I had been using it for three years and it is really good.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jun 25, 2017
    • Bank Bazaar Customer Support
      "Great Experience while applying for a Loan"
      0.5 5.0/5 "Blown Away!"
      I would like to tell the Bank Bazaar team that I had a great experience while applying for a loan. I never did this before and when I applied through your site you made it so easy. The way it is presented is really good. people will like it when filling up loan form if it looks so picturistic.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jun 25, 2017
    • Bank Bazaar Customer Support
      "Customer support"
      0.5 5.0/5 "Blown Away!"
      Very good customer support service that I received from your side, thanks for your valuable support. keep it up. The customer services are good and very much satisfactory at Bankbazaar. I was contacted instantly and the process is smooth, thanks.
      Was this review helpful? 0
      , pune
      Reviewed on Jun 25, 2017
    • Bank Bazaar Customer Support
      "Good response "
      0.5 4.0/5 "Great!"
      Very easily any one can login using this application, every steps can be followed easily, there is no confusion over all its good. Before using this app people have to struggle to take loan not only loan other there daily needs, now it's very easy and it is good to share.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jun 25, 2017
    • Bank Bazaar Customer Support
      "Excellent "
      0.5 5.0/5 "Blown Away!"
      Bankbazaar.com is really a good one , the response provided by them is the best, also I used to get the calls from them on an immediate basis with them till now. Online portal of the Bankbazaar.com is easy to access, I would certainly recommend this site to all.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jun 24, 2017
    • HDB Financial Services Personal Loan
      "Wonderful "
      0.5 5.0/5 "Blown Away!"
      I did not take the personal loan with the HDB financial services because I have not submitted the documents with them till now because of some other reasons. Customer service and the response were good one with them and there are no suggestion to them as well.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jun 24, 2017
    • Bank Bazaar Customer Support
      "Satisfied with the services"
      0.5 4.0/5 "Great!"
      The services from Bankbazaar has been nice and overall experience is good. It was very convenient to get connected with the banks through this portal. I only had to submit my details and place the request. I started to receive calls and I got the loan without a delay.
      Was this review helpful? 0
      , mumbai
      Reviewed on Jun 24, 2017
    • ICICI Bank Personal Loan
      "High on ROI & good services"
      0.5 3.0/5 "Satisfactory"
      The service provided was really good by ICICI Bank and the process was on time. I received the personal loan within five days. The bank was high on the rate of interest, it was around 14%. The processing charges were also high. The documents were collected on time as it was promised as well.
      Was this review helpful? 0
      , mumbai
      Reviewed on Jun 24, 2017
    • Bank Bazaar Customer Support
      "Personal loan "
      0.5 5.0/5 "Blown Away!"
      It's very fast to get the information and calculated the your monthly EMI and processing is also very fast to get the loan confirm just upload your documents and get approval on the spot. It's nice and hassle free to get for your query and even to get the services by bankbazar. Comparison. Thank you very much bankbazar
      Was this review helpful? 0
      , new delhi
      Reviewed on Jun 24, 2017
    • ICICI Bank Personal Loan
      "Average"
      0.5 3.0/5 "Satisfactory"
      ICICI Bank contacted me for the personal loan and since I could not provide any documentation from my end at that moment, I cancelled my application. The interest rate and processing charges is normal. The overall experience is good and smooth.
      Was this review helpful? 0
      , jagdalpur
      Reviewed on Jun 24, 2017
    • Bank Bazaar Customer Support
      "Excellent "
      0.5 5.0/5 "Blown Away!"
      I would like to say the communication part is the best and it is really working in a perfect way, also the timely update is really good one with the Bankbazaar.com. Co-ordination is prefect and the customer service of bankbazaar really works in a good way.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jun 24, 2017
    • IndusInd Bank Personal Loan
      "Good"
      0.5 3.0/5 "Satisfactory"
      I have not got the call from the Indusind bank after the first call like I would like to say there were no continuous follow ups. I have seen the interest rate was around 13% to 14% as approximately and the bank is also good one. I would like to suggest that they need to make the follow up with the customer which is on an immediate basis.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jun 24, 2017
    • Bajaj Finserv Personal Loan
      "Services are good & high on charges"
      0.5 5.0/5 "Blown Away!"
      I am an existing customer of Bajaj Finserv and they have given me a personal loan. The customer services are good. They collected my papers on time and the process was also smooth. The interest rate and processing charges was high when compared with other banks.
      Was this review helpful? 0
      , rajahmundry
      Reviewed on Jun 24, 2017
    • Bank Bazaar Customer Support
      "Very good services"
      0.5 5.0/5 "Blown Away!"
      The services provided by Bankbazaar has been good and the overall experience is nice. I received a proper response and it was a timely process.There were a lot of follow up calls and the website has a number options to choose the right bank. Satisfactory overall.
      Was this review helpful? 0
      , rajahmundry
      Reviewed on Jun 24, 2017
    • ICICI Bank Personal Loan
      "Not Satisfied with the services"
      0.5 3.0/5 "Satisfactory"
      ICICI Bank contacted me for the personal loan, and I gave them a time frame and asked them to call back because I was out of town. But I received no calls. It has not been a satisfactory experience. The rate of interest and processing charges is normal.
      Was this review helpful? 0
      , rajahmundry
      Reviewed on Jun 24, 2017
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