manage cash and the only option left to him is taking another loan. he approached the bank from where he has taken a home loan. the bank manager gave him two options (1) personal loan (2) top up loan. he is confused and looking for an answer which one he should take a personal loan or top up loan? if you are in a similar situation here is a quick guide explaining about top up loan and personal loan.
top-up loan as the name suggests it is a loan given on the top of another loan – home loan. that’s why it is also known as a top up home loan. 