How to get hdfc personal loan top up

Can I get top up on personal loan?

You can apply for a top up loan from your existing lender. If you already have an active loan, and if your lender offers the option of an additional loan, you can apply for the top up loan.

How can I check my HDFC loan top up status?

How to Check HDFC Personal Loan Status Online Using HDFC Bank Account?

1. Click on the net banking link on the official website of HDFC Bank.
2. Enter your details and log in to the website.
3. Once you have logged in, locate the ‘loans’ section on the menu bar.
4. Track Loan Application form through HDFC website.

How does personal loan top up work?

A Top up loan meaning an extra loan is a financing option that is offered over and above the existing loan amount for products such as home loan and personal loan. The top-up loan is offered to customers who have an existing relationship with the lender, have a good credit score and have repayment ability.

How much top up loan a customer can avail in HDFC Bank?

Rs. 50 lakhs

HDFC Top Up Loan Eligibility Criteria
You can avail of a top-up amount equivalent to all the existing home loan amounts together or Rs. 50 lakhs, which is lower. The outstanding home loan amount and the top up home loan amount should not exceed 75%-80% of the market value property as assessed by HDFC.

How much top up loan can I get?

What’s is the maximum amount that can be availed as a top up loan? The maximum Top Up Loan that you can avail of is equivalent to your originally sanctioned loan amount of all the Home Loans put together or Rs. 50 lacs, whichever is lower.

How many times can you top up a loan?

Yes, you can apply for a top up loan at any time; you don’t have to repay one loan before applying for another.

What is the procedure of top up loan?

A top-up loan is a loan given by the bank over and above your home loan. Just like you top-up your mobile balance if you are running low on balance, similarly banks give top-up loans over your current balance.

How do I know if my loan is top up eligible?

Top-up Loan Eligibility Criteria

You must have a clean repayment track record and there should be no overdue EMIs/ missed EMI payments. You should also have adequate loan repayment capacity. You should have a good CIBIL/credit score, as it points towards higher creditworthiness and a lower repayment burden.

What is the benefit of top up loan?

Though the interest rate for top-up loans is usually 1.5%–2% more than home loan rates, it is a lower rate of interest compared to other loans such as a personal loan or a loan against property. This helps you save towards the interest obligation while borrowing additional funds.

What is the rate of interest in HDFC for top up loan?

Best Home Loan Top Up Interest Rates Apr 2022

Banks	Interest Rate
HDFC Home Loan Top Up Loan	8.30% to 9.15% p.a.
SBI Home Top Up Loan	7.90% to 10.10% p.a.
Axis Top up Home Loan	7.75% to 8.40% p.a.
Union Bank Home Loan top Up	6.80% to 7.35% p.a.