Everyone has a dream of owning his/ her own house. But with rising prices of real-estate, not many can afford to pay for it from their own pocket. Hence it is wise to consider loan against property. The lenders assess the property, check your credit score, your salary, and other determining factors to fix a loan amount as per your repayment capacity. Sometimes, banks tend to offer a lower interest loans based on your current income. Still, you may fall short of funds to purchase the property. This is where top-up loans come into the picture.
What are top-up loans?
A top-up loan is a loan that is offered as an extension to an existing housing loan or commercial property loan. Being different from a personal loan, it helps you when you during a financial crisis or to meet other needs like home or office renovation, purchase of furniture, … Read moreRead more →