Refinance your existing loan and get additional funds to meet your financial needs
Maximize your savings with our Takeover cum Top-up Loan services. THAWA Financial Services Private Limited has partnered with leading banks and financial institutions to offer you the best refinancing options along with additional funds. Enjoy lower interest rates and better terms while getting extra cash for your immediate needs.
Transfer your existing loan to a new lender with better terms and lower interest rates.
Get additional funds on top of your existing loan amount for your various financial needs.
Enjoy reduced interest rates and save significantly over the loan tenure.
Understand the process of switching your loan and getting additional funds
We analyze your existing loan details including outstanding amount, current interest rate, and remaining tenure to identify potential savings.
We understand your additional funding needs and determine the top-up amount you're eligible for based on your income and repayment capacity.
Our experts identify the best lender offering favorable terms for both loan takeover and top-up amount based on your financial profile.
Submit required documents for verification, followed by approval from the new lender for both takeover and top-up components.
The new lender settles your existing loan with the previous lender and disburses the additional top-up amount directly to your account.
Discover the advantages of refinancing your loan and getting additional funds
Significant reduction in interest rates compared to your existing loan, resulting in substantial savings.
Access to extra funds that can be used for home renovation, education, medical emergencies, or other financial needs.
Option to extend your loan tenure to reduce monthly EMI burden or maintain the same tenure for faster repayment.
Manage just one loan with a single EMI payment instead of tracking multiple loans and payment dates.
Improved cash flow management with reduced EMI obligations and structured repayment plan.
Continue enjoying tax benefits on your housing loan interest payments as per applicable tax laws.
Compare and choose from the best loan takeover options - April 2026, T&C Apply
Learn about who qualifies for takeover cum top-up loans and what documents you'll need
Eligibility for takeover cum top-up loans depends on various factors including your income, repayment capacity, and credit history. Key eligibility criteria include:
Get answers to common questions about home construction loans
A Takeover cum Top-up loan is a financial product that allows you to transfer your existing loan to a new lender offering better terms (like lower interest rates) while simultaneously getting additional funds (top-up) for your various financial needs. It combines loan refinancing with a fresh loan disbursement in a single product.
Your savings depend on various factors like the difference between your existing and new interest rates, remaining loan tenure, and outstanding loan amount. Even a reduction of 0.5% to 1% in interest rate can lead to significant savings over the loan period. Our loan experts can provide you with a personalized savings estimate.
The top-up loan amount depends on your income, repayment capacity, credit score, and property value (for secured loans). Typically, lenders may offer top-up amounts ranging from 20% to 70% of your existing loan amount, subject to your eligibility.
Prepayment policies vary among lenders. Many banks and financial institutions have eliminated prepayment penalties, especially for floating rate loans. Our team will help you understand the specific prepayment terms before finalizing your loan takeover.
Prepayment penalties on takeover cum top-up loans typically depend on the lender's policies. Most modern lenders have either eliminated or significantly reduced these penalties. When you opt for a loan takeover with a top-up, the new lender usually absorbs any prepayment charges from your existing loan. However, the new loan itself may have prepayment conditions for the initial few years. THAWA Financial Service Pvt Ltd offers flexible options with minimal or zero prepayment penalties on their takeover cum top-up loan products.
Typically, the process takes between 2-4 weeks, depending on documentation, property verification (for secured loans), and processing time of both your existing and new lenders. THAWA Financial Service Pvt Ltd to expedite this process through our established relationships with lenders.
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