Mortgage loan top-up is an extra loan quantity that one can avail for a current mortgage loan. You're entitled to submit an application for a mortgage top up when you yourself have made regular loan payments on your existing loan if you have a running home loan and. Banking institutions such as for instance HDFC, ICICI, SBI and Axis Bank offer top-op loans during the exact same interest as that on mortgage loans. In some instances, the interest levels offered on top-up loans may be marginally greater than the attention price on your own mortgage loan.
You really need to and may make an application for a true home loan top-up if
- You've got a current and running mortgage loan from a bank. You are able to make an application for an extra loan on your own existing loan when you have already paid back a particular percentage of the mortgage and made all of the payments in a manner that is timely.
- You will be keen to choose a stability transfer loan with a loan that is top-up means you move your loan to a different bank and avail a top-up loan on your own current loan. להמשיך לקרוא