Whether you're buying your first home, transferring an existing loan, or looking to renovate your space, we’ve got you covered. Our flexible loan solutions, repayment options, competitive interest rates, and quick approval process make home financing easier, faster, and more accessible.
Take Charge of Your Finances with Truhome Finance’s Top Up Loan
Get Top up Loan to ₹10 Crores
Truhome Finance Limited, formerly known as Shriram Housing Finance Limited. For FAQs Click Here.
Top Up Home Loan Features and Benefits
Loan Amount
Up to ₹10 Crore
Tenure
Maturity as per the parent loan
Interest Rate
Same as base loan
Processing Fees
Individual Borrowers (on floating rate of interest) - Nil
Flexible Repayment
You can do multiple part payments with zero prepayment charges. It is applicable for floating interest rates. A unique Virtual Account Number can be used directly for credit of payment to your loan account.
Easy Documentation
It is easy to obtain a top up loan through Truhome Finance due to its simple documentation requirements.
Tax Benefits
Under Section 24(b) of the Income Tax Act, top up[1] loans are eligible for tax benefits. It is an attractive option for business financing due to its tax exemption on loan proceeds.
Dedicated Relationship Manager
Our dedicated relationship manager will assist you once you apply for a top up loan.
Nationality
Indian citizen residing in India
Age
- Salaried: Up to the age of 60 years.
- Self-Employed: Up to the age of 70 years.
Occupation
Salaried, Self-Employed
Step 1
Login to your account through Truhome Finance Home Loan app.
Step 2
Select your home loan account and opt for the top up loan (if applicable).
Step 3
Our dedicated relationship manager will get in touch with you to process your top up loan application.
Home Loan
Get an offer
Home Loan Balance Transfer
Get an offer
Home Loan Top Up
Get an offer
Home Extension Loan
Get an offer
New plot + Home Construction Loan
Get an offer
LAP Residential Loan
Get an offer
Home Improvement Loan
Get an offer
LAP Commercial Loan
Get an offerDocuments Required for Truhome Finance Home Loan Application
Here is the list of documents required for housing loan application.
KYC Documents:
Mandatory Documents
- PAN Card or Form 60
ID Proof
- Voter's ID or
- Aadhaar card or
- Driving License or
- Passport or
- Job Card Issued by NREGA
Address Proof
- Valid driving license or
- Latest electricity bill or
- Latest Telephone Bill or
- Aadhar Card
Income Documents
- Last 3 months' salary slip or latest salary certificate
- Last 6 months bank statement
- Form 16
KYC Documents:
Mandatory Documents
- PAN Card or Form 60
ID Proof
- Voter's ID or
- Aadhaar card or
- Driving License or
- Passport or
- Job Card Issued by NREGA
Address Proof
- Valid driving license or
- Latest electricity bill or
- Latest Telephone Bill or
- Aadhar Card
Income Documents
- Last 2 years Income Tax Returns (ITR)
- Computation of income
- Profit and Loss Account (P&L)
- Last 12 months bank statement
Important Tools for Smarter Housing Finance Decisions
EMI Calculator
Learn how loan amount, interest rate, and tenure affect your monthly payments. Use this tool as a guide to plan better.
Eligibility Calculator
Discover how lenders evaluate your eligibility based on income, expenses, and other factors. Get an estimate of the loan amount you may qualify for.
What is a top up loan?
A top up loan is an additional credit facility offered to customers who are already servicing a loan with Truhome Finance. The loans can be used for personal and professional purposes (other than speculative purposes), such as marriage, child's education, business expansion, and debt consolidation.
Who can avail a top up loan?
A top up loan is available to all customers who have an existing home loan, home improvement loan, or home extension loan. Truhome Finance offers a top up loan to new customers who apply for a Balance Transfer (BT) loan
How much can be borrowed as a top up loan?
As per the Standard Loan Amount Matrix, loan exposure on top up will be restricted. The top up cannot exceed 100% of the BT amount or 75% of the market value, whichever is lower. Also, the outstanding plus the top up amount cumulatively should not exceed Rs. 1 crore.
What is the security that I have to provide for a top up loan?
Your existing property acts as security against the top up loan along with any other collateral or interim security that may be appropriate as specified by the Truhome Finance policy.
Can anyone apply for a Top Up Loan?
With Truhome Finance, individuals with an existing loan or a good history of repayment can apply for a Home Loan Top Up.
What factors determine the interest rate on a Top Up Loan?
With Truhome Finance the interest rate for a top up loan is determined by the borrower's credit history and relationship with the lender.
What is the process for repaying a Top Up Loan?
Repayment of the principal with Truhome Finance commences from the month following the one in which you avail full disbursement of your loan. Any amount over and above the interest, which is paid by you goes towards principal repayment, thus helping you repay the loan faster. This is especially useful in case your disbursements are likely to be spread over a longer period.
Are Top Up loans available to individuals who own multiple properties?
Yes, with Truhome Finance, Top Up loans are available to individuals owning multiple properties.
