Home loans are long-term commitments that span 10-20 years. A top-up loan is traditionally an additional loan taken over and above the existing home loan for other expenses. A few things decide whether it is good to take a home loan top-up.

Factors for Taking a Home Loan Top-Up

• Regular payment of EMIs
• Good CIBIL score and repayment history
• Interest rate
• Availability of valid mortgage in the name of the bank

If the above-mentioned factors check for you, then the top-up loan is an excellent option to secure additional funds. One great way to acquire a top-up loan is through KuberX. Brought to you by Aurum PropTech, KuberX is a tech-driven platform that simplifies the loan buying process. Loan borrowers only have to register on the platform, submit loan requirements, compare loan offers, and choose the one that suits their requirements. One can avail of a home loan, top-up loan, balance transfer, and a loan against property from private banks, public banks, or NBFCs. It’s that easy!