Sumit, an IT professional, has been working for an MNC since the past 10 years. Thanks to his growing income each year, he has been comfortably servicing his home loan since 5 years. Recently, he decided to renovate his house by applying for a personal or gold loan. However, Sumit’s financial advisor recommended him to opt for a home loan top-up instead. Is it the right option for someone like him? Let us discuss.
Source: Financial Express