Is it possible to top up home loan to pay personal loan?

I have a home loan of Rs.30 lakh and a personal loan of Rs.5 lakh. Would it be possible to top up my home loan to pay up my personal loan? - Ramesh Garg, Noida

Generally, a top-up on your home loan is likely to have a lower interest rate compared to a personal loan. So, if you can get a top-up on your home loan, it would make sense to take it and pay your personal loan through it. You can do this by asking your home loan provider to sanction a top-up with your house as security. Remember, a lot of this will depend on your past repayment record and the value of the house.