Everyone faces a hard financial time in their lives when they have to look for financial aid to cover their expenses. But borrowing money from friends or relatives is not an option when you prefer privacy in your financial matters. And in such situations, you can get formal financial aid in the form of a personal loan or add-on loans on your existing loan plan. But many people find it confusing to choose between add-ons and personal loans . So here we will try to figure out which one you should choose for quick cash. What is a top-up loan? A top-up loan is an add-on loan on your existing loan plan. Banks and NBFCs provide top-up loans for their few and selective customers. They provide this facility to the customers after successfully completing a specific loan tenure. In addition, add-on loans are easy to access and require minimal documentation, making them appealing to a borrower who wants immediate financial aid. What is a personal loan? A personal loan