Beware, over-leveraging with top-up home loan could cost your home
Last Update Date: 06-10-2026
Published by Business Standard
Abhishek Kumar's role: Quoted
Abhishek Kumar cautioned that the main danger of top-up loans is borrowers going over their budget, and suggested fixing a spending limit for interiors and home improvement work and sticking within it.
More of Abhishek's views on debt and loans
The article explains how top-up home loans work after the RBI flagged concerns about their rapid growth. It covers eligibility, loan amounts and tenures, why they cost less than other credit, and the risks of using them for consumption or market speculation, with tips on end use, LTV limits and short tenures.
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Beware, over-leveraging with top-up home loan could cost your home