Your trusted partner for dreams coming true.

Easy and flexible loan repayment options.

  • Key Features
  • Eligibility
  • Charges
  • Warning Box

Top up Loan : Key Features

  • Higher limit up to AED 5000000
  • Repayment period allowed up to residual period of existing Home loan
  • Low interest rate
  • Low Processing Fee
  • No Hidden Charges
  • Interest charges on Daily Reducing Balance

Top up Loan : Eligibility

  • Existing home loan borrowers having satisfactory conduct in account
  • For constructing, purchasing or renovating a house for owner occupier or investment purpose
  • Age
  • Minimum – 21 years
  • Maximum- For salaried Class - 65- years at loan maturity For Others – 70- years at loan maturity
  • Limit - Min. – AED 100000/- Max  -AED 5000000/-

Top up Loan : Charges

Interest Rate

350 bps over 3 months EIBOR.

Processing Fees-1.00% of loan amount max – AED 25,000/-

Top up Loan : Warning Box

Debt Management Tool/Guidelines as per Compliance of Consumer Protection Standards of CBUAE

- If you do not keep up your repayments/payments, you may lose your property
- You may have to pay penalties if you pay off a loan/financing early
- Refinancing your loans/financing may take longer to pay off than your previous loan/financing and may result in paying more in interest/profit
- If you do not meet the repayments/payments on your loan/financing, your account will go into arrears. This may affect your credit rating, which may limit your ability to access financing in the future

Frequently Asked Questions (FAQs)

  • What is a top-up loan, and how is it different from a regular personal loan?

    Top-up loans are additional loan amounts available on existing personal loans, offering a lower interest rate and faster disbursement. They are exclusively offered to current customers with a strong repayment history. Standard personal loans, on the other hand, are standalone loans.

  • Who is eligible for a top-up loan, and what are the eligibility criteria?

    Eligibility for Bank of Baroda UAE top-up loan.

    • Existing clients with a house loan or personal loan.
    • Satisfactory repayment track record.
    • Minimum income requirements.
  • What are the documents required to apply for a top-up loan?

    Documents required for top-up loan application include:

    • Completed application form.
    • Copy of Emirates ID or passport.
    • Bank statements showing loan instalments.
    • Evidence of income.
  • Who can apply for a Top up Loan?

    Existing Home Loan borrowers of Bank of Baroda having satisfactory Conduct in account

  • What is the maximum amount I can borrow under this scheme?

    You can borrow max. Up to AED 5 Million

  • What is the Maximum Period up to which I can avail Top Loan?

    You can avail Top up Loan maximum up to residual period of existing Home Loan.

  • Do you offer early settlement of Top up Loan?

    Yes, you can repay your Top up loan before maturity of loan

  • What is the charge for early settlement?

    We charge 1.00% + VAT of the outstanding Loan amount up to a max. of AED 10,000 as an early settlement fee.

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