Five things to know before taking a top-up on home loan1 min read . Updated: 15 Mar 2021, 05:24 PM IST
- The interest rates could be slightly higher than the home loan rates. They also vary depending on the borrower's profile. For example, top-up home loan rates for Axis Bank starts at 8.65%. For SBI, it's between 7.50% and 9.80%
NEW DELHI: A top-up on a home loan is a convenient way to raise money. The borrower has a property already mortgaged with the bank, and all that is required is asking the lender to top up the loan.
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