What Is Personal Loan Top-Up?

A personal loan top-up is an additional loan amount offered to existing borrowers who have a good repayment track record. It provides extra funds without the need for a new application process.
Personal Loan
3 min

In the realm of personal finance, flexibility and convenience are paramount. Whether you are planning a wedding, renovating your home, or dealing with unexpected expenses, having access to additional funds can provide much-needed relief. If you’ve already taken advantage of a personal loan, you can use a personal loan top-up to secure the additional funds that you require. In this guide, we will delve into what a personal loan top-up entails, its features, and the benefits it offers, with a focus on leveraging the offerings of Bajaj Finance for your financial needs.

What is a personal loan top-up?

A personal loan top-up is an additional loan facility provided to existing personal loan customers who require extra funds. It allows borrowers to access additional money over and above their existing loan amount without the need for extensive documentation or a new loan application process. Essentially, it offers a hassle-free way to secure additional financing when the need arises.

If you do not have an option of getting a top-up on your existing loan, or you want to take a new loan with better terms, you can always opt for a new personal loan from lenders like Bajaj Finance Limited. The advantage of a Bajaj Finserv Personal loan is its versatility in usage. Borrowers can use the funds for various purposes, such as a personal loan for home renovation, funding a wedding, or covering unexpected medical expenses. This flexibility allows individuals to address their immediate financial needs without compromising their long-term financial health. Bajaj Finserv Personal Loans do not require any additional collateral, which is an attractive feature for many who do not wish to pledge new assets.

Bajaj Finance Limited provides pre-approved offers to its existing customers. Check your offer today!

Features and benefits of Bajaj Finserv Personal Loan

  1. Quick access to funds: Bajaj Finserv offers a seamless top-up facility, allowing existing personal loan customers to access additional funds swiftly and conveniently.
  2. Competitive interest rates: With a Bajaj Finserv Personal Loan, borrowers can benefit from competitive interest rates on both their original personal loan and the top-up amount, ensuring affordability and cost-effectiveness.
  3. Flexible repayment options: Bajaj Finance provides flexible repayment tenures for personal loan top-ups, allowing borrowers to choose a repayment schedule that suits their financial circumstances.
  4. Minimal documentation: The top-up process with Bajaj Finance involves minimal documentation, streamlining the application process and reducing paperwork for borrowers.

Eligibility criteria of Bajaj Finserv Personal Loan

To qualify for a personal loan top-up with Bajaj Finance, borrowers typically need to meet certain eligibility criteria, including:

  • Nationality: India
  • Age: 21 years to 80 years*.
  • Employed with: Public, private, or MNC.
  • CIBIL score: 685 or higher.
  • Monthly salary: Starting Rs. 25,001, based on the city you live in.

*You should be 80 years* or younger, at the end of the loan tenure.

How to apply for Bajaj Finserv Personal Loan?

Applying for a personal loan top-up with Bajaj Finance is a straightforward process:

  • Visit the personal loan page and click on ‘APPLY’
  • Enter your 10-digit mobile number and OTP.
  • Fill in the application form with your basic details.
  • Now, click on ‘PROCEED’ to visit the loan selection page.
  • Enter the loan amount that you need. Choose from our three personal loan variants –Term, Flexi Term, and Flexi Hybrid.
  • Choose the repayment tenure – you can select tenure options of 6 months to 96 months and click on ‘PROCEED’.
  • Complete your KYC and submit your application.


In conclusion, opting for a personal loan from Bajaj Finance is an excellent way to secure additional financing quickly and efficiently, especially when you are faced with unforeseen expenses or require further funds for personal projects. This financial solution not only offers the convenience of easy access to funds and competitive interest rates but also provides the flexibility to manage repayments according to individual financial situations. Whether you are looking to expand your financial capabilities or ensure stability during financial uncertainties, a Bajaj Finserv Personal Loan is a prudent choice that supports your financial health and aids in achieving your personal goals.

Apply now and get the best deal on our personal loan.


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*Terms and conditions apply

Frequently asked questions

How does top-up loan work?
A top-up loan allows existing borrowers to obtain additional funds on top of their current loan, based on their repayment history and creditworthiness, without the need for a new application.
Which is better new loan or top-up loan?
Deciding between a new loan and a top-up loan depends on various factors such as interest rates, terms, and eligibility. Comparing both options based on individual circumstances can determine the better choice.
Can you top-up a personal loan?
Yes, borrowers with existing personal loans and a good repayment track record may qualify for a top-up loan, which provides additional funds on top of their current loan amount.
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