Loan Top-up
A loan top-up is accessing additional funds on a multiple installment facility after paying a certain number of installments on time for an extended period at the same rate.
How do I get a top-up
?
You need to have a current loan within a 3- 6 months installment and you must have paid for 2 months on time. Then, the top-up loan offer will be displayed to you in the app, at your current interest rate and loan tenor. However, you can only access a top-up loan once in a loan cycle
Why can’t I get a top-up
?
- Your current loan is less than a 3 months tenor
- You are yet to repay the 2nd installment on your current loan
- Your installment repayments have not been on time
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