Home loan top up query

Compare the interest rate and tenure for both and select accordingly. Ideally HL top up shall have lower rate but more tenure and PL shall have higher rate but shorter tenure.

Depends on how you use the funds

a) if you use funds for something other than home, then go for personal loan

b) if the funds sanctioned is used for building home purpose, then go for home loan

because a particular loan should be for particular thing, why?

using personal loan for building home is not wise choice (rate of interest and tenure plays the game)

to be simply put, 

1) if you need short term amount you use personal loan (quick trick to save interest: is using ultra short term and negotiate to get low interest rate as possible)

2) if you need loan for long term you will use home loan (quick trick to save interest: is prepaying home loan EMI multiple times at start of the home loan because interest part COLLECTED in EMI at start of tenure is high in home loan, so prepaying at start reduces "overall interest amount" paid)