Loans
Top-up Loan
pronounced: [T-o-p---u-p- -L-o-a-n]
An additional loan amount sanctioned over and above an existing loan, using the same property or asset as security.
Common with home loans and personal loans where the borrower has good repayment history.
Key Facts
| Fact | Value |
|---|---|
| Loan Amount | ₹ |
Example
A ₹50 lakh home loan at 8.5% p.a. for 20 years has an EMI of ₹38,601/month. Total interest paid = ₹42,64,240 — almost equal to the principal. Making part-prepayments from year 6 can reduce tenure by 4+ years.
Frequently Asked Questions
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Last updated: 21 May 2026