About Top-Up Loans
Loanpao’s Top-Up Loans in Delhi, India, provide additional funds on your existing home, personal, or business loans. Use the extra financing for home renovations, business expansion, or personal needs without applying for a new loan, with quick approval and competitive rates.
Why Choose Our Top-Up Loan?
- Interest Rates starting at 9.5% per annum
- Loan Amount from ₹50,000 to ₹25,00,000
- Tenure from 12 to 60 months
- Quick disbursal within 72 hours
- Secured or unsecured, based on existing loan
- Minimal additional documentation
- Flexible repayment aligned with existing loan
- 100% online application process
Are You Eligible?
| Criteria | Requirement |
|---|---|
| Existing Loan | Active home, personal, or business loan |
| Repayment History | 12+ months of timely EMIs |
| Age | 21-65 years |
| Credit Score | 650+ preferred |
What Documents Do You Need?
- KYC: Aadhaar, PAN
- Existing Loan Details: Loan account number, statement
- Income Proof: Salary slips (3 months) or ITR (2 years)
- Bank Statement: Last 6 months
- Collateral Documents: Property papers (if secured)
Attractive Interest Rates & Fees
| Bank/Lender | Interest Rate (p.a.) | Processing Fee |
|---|---|---|
| HDFC Bank | 9.5% - 11.5% | Up to 1.5% or ₹3,000 |
| ICICI Bank | 9.8% - 12.0% | Up to 2% or ₹3,500 |
| SBI | 9.7% - 11.8% | Up to 1.25% or ₹2,500 |
| Axis Bank | 10.0% - 12.5% | Up to 1.75% or ₹3,000 |
| Bajaj Finance | 10.5% - 13.0% | Up to 2.5% or ₹4,000 |
Extra Charges:
- Late Payment Charges: ₹500 + 2% on overdue amount
- Foreclosure Charges: 3% if prepaid within 12 months, else nil
- GST: Applicable on processing fees
Note: Rates and fees are indicative as of April 2025 and subject to change.
Calculate Your EMI
Enter values and click Calculate EMI to see results.
How to Apply for a Top-Up Loan
- Complete the online application with personal and existing loan details.
- Upload KYC, loan statement, income proof, and collateral documents (if required).
- Undergo verification and credit assessment.
- Receive approval and e-sign the loan agreement.
- Get funds disbursed within 72 hours.
Common Questions About Top-Up Loans
What is a Top-Up Loan?
A Top-Up Loan provides additional funds on an existing home, personal, or business loan, usable for various purposes.
Who can apply for a Top-Up Loan?
Individuals or businesses with an active loan, 12+ months of timely EMIs, aged 21-65, and a 650+ credit score.
What is the maximum loan amount?
Up to ₹25,00,000, depending on the existing loan balance and repayment history.
How long does disbursal take?
Funds are typically disbursed within 72 hours of approval.
Is collateral required?
Depends on the existing loan; secured loans may require collateral, while unsecured options are available.
Can I prepay the Top-Up Loan?
Yes, prepayment is allowed with 3% charges if prepaid within 12 months, otherwise free.
What is the repayment tenure?
From 12 to 60 months, aligned with the existing loan’s terms.
Are there special offers?
Apply by 31st May for zero processing fees on loans above ₹3,00,000.
Can I use the funds for any purpose?
Yes, funds can be used for home renovations, business expansion, or personal needs, subject to lender approval.
What happens if I default?
Late fees, credit score impact, and potential legal action may apply after due notice.