Top Up Loan

We offer a convenient and efficient way to access additional funds without the need to apply for a new loan

A useful and effective option for current borrowers in need of more money is Lendfast’s Top-up Loan. With its quick application procedure, affordable interest rates, and adaptable repayment plans, it provides a practical means of getting additional funding without requiring a brand-new loan. Before applying, borrowers should carefully assess their financial circumstances and review the terms and conditions to make sure it fits their requirements and capabilities, just as with any financial instrument.

The Top-up Loan from Lendfast is a financial solution intended to serve current borrowers who might require more money beyond what they are currently loaned. With the ease of not having to start the process over when applying for a new loan, borrowers may now easily access more funds thanks to this creative approach. An extensive description of Lendfast’s Top-up Loan, including its features, advantages, prerequisites, and application procedure, is provided below:

Quick Access to Extra Funds:

Top-up Loan enables borrowers to swiftly access additional funds, which is especially helpful for unforeseen costs or possibilities that call for urgent finance.

Simplified Application Process:

The lender already has much of the required information because the top-up is only available to current clients. This makes the application process simpler and allows for quicker approval and payout.

Low Interest Rates:

Top-up loans often have low interest rates, which make them a desirable choice for those wishing to fund new projects or consolidate debt without having to pay hefty fees.

Repayment Terms:

It is available to borrowers, enabling them to select a term that best suits their objectives and financial status. This can help borrowers manage their budget more skillfully.

Eligibility Criteria

To be eligible for a top-up loan, Borrowers typically need to meet the following criteria:

Good Repayment History:

A track record of timely loan repayments is crucial to qualify for additional funding.

Stable Income:

Proof of a stable income ensures the lender that the borrower has the means to repay the new loan amount.

Existing Loan Tenure:

The borrower must have an existing loan with lender and usually needs to have repaid a certain percentage of the original loan before applying for a top-up.

Application Process

Review Your Eligibility:

Before applying, ensure you meet the eligibility criteria set by our lenders for top-up loans.

Submit an Application:

This can typically be done online through Lendfast’s website, by providing updated financial information and specifying the desired top-up amount.

Approval and Disbursement:

Once approved, the top-up amount is usually disbursed quickly and added to the existing loan balance, with adjusted repayment terms if necessary.

About Us

Our services are driven by dynamic associations with globally renowned banks, future-ready skills in financial decision making, and time-tested values of trust, transparency, and goodwill, putting us in the forefront of today’s BFSI landscape.