7th Pay Commission / Gifts to millions of UP government employees, Yogi Sarkar made this big announcement read here

7th Pay Commission / Gifts to millions of UP government employees, Yogi Sarkar made this big announcement read here



The top up on a home loan can be taken for a period of 30 years
The bank easily approves a top up loan on timely payment of EMI of the home loan


Many people have faced financial difficulties during the Corona period. Some people are thinking of taking a personal loan, but the interest rate for this type of loan is 10 to 24%. Not all interest rates are affordable. If you have taken a home loan, you can take a top up loan on the loan. Doing so can get you a loan at a lower interest rate. Here are some tips to help you get a top up home loan ...








Get a low interest rate loan

Top-up home loans have lower interest rates than personal loans. In a personal loan you have to pay 10 to 24% interest while in a top up home loan you have to pay an annual interest rate of about 7 to 9%.



You can use the loan for any work

Top up home loans can be used for any purpose. This loan can be used for home repairs, children's studies, marriage or to buy other property. The EMI of the top up loan has to be paid along with the loan repayment.



Get a loan for a longer period

The top up on a home loan can be taken for a period of 30 years. In that case you can decide the amount and duration of the loan as per your convenience.


Features:
• Apply for Home Loans Online
• Check the latest rate of interest
• Get loan offers based on your income and property cost
• Calculate Eligibility and EMI
• Set repayment duration
• Upload documents
• Submit loan application
• Track your application status
• Chatbot to answer all your queries


અહીંથી વાંચો સંપુર્ણ ગુજરાતી રીપોર્ટ લૉન રેટ બાબત


7th Pay Commission / Gifts to millions of UP government employees, Yogi Sarkar made this big announcement read here

7th Pay Commission / યુપીના લાખો સરકારી કર્મચારીઓને ભેટ, યોગી સરકારે કરી આ મોટી જાહેરાત અહીંથી વાંચો


Get more loans

You can take a loan of more than Rs 50 lakh. However the amount depends on the amount of your home loan. So the personal loan amount is maximum 40 lakhs. If you need more money than this, you can apply in a top up plan.



Easily get a top up home loan

This loan can be taken shortly after taking a home loan. The bank gives a top-up loan to the customer after seeing the patent for repayment of the home loan. You can easily get a top up loan if you are repaying the EMI of the home loan on time.



What is a Top Up Home Loan?

If you have taken a home loan, you can take a top up loan on this loan. Just like you top up recharge in your mobile phone. This loan is available only on your home loan, so you have to repay this loan along with the home loan. Its term is the same as a home loan.State Bank of India offers an exclusive mobile app for customers to apply for a loan for their dream homes through their Android smartphones, making it the quickest and the most convenient way of availing home loan.This app facilitates:
· Get loan eligibility,
· Customize loan quotes as per individual’s requirement
· Retrieve your loan quote at a later date to complete the application process
· Get Instant “Approval-in-Principle”
· Download prefilled application form
· Upload KYC & Income documents
· Schedule appointment with Bank
· Request for “Get a Call Back”
· Track application status
· Notification and alerts for scheduled activities and completed jobs
· Get information regarding product features, document-checklist and rate of interest
· Frequently Asked Questions
• Get Instant Sanction & disbursement of SBI Tatkal e-Personal Loan.

• Minimum and maximum period for repayment : Minimum 3 months and maximum 60 months
• Maximum Annual Percentage Rate (APR), which generally includes interest rate plus fees and other costs for a year, or similar other rate calculated consistently with local law