Yes, you can get a home loan and a personal loan at the same time, depending on your credit score and repayment capacity. Taking out multiple loans at the same time, on the other hand, can increase your debt burden and negatively impact your creditworthiness. It may also result in a higher EMI and interest rates, affecting your financial stability. Before taking out multiple loans, you should consider your financial situation, repayment capacity, and future goals. You can also seek the advice of a financial advisor to better understand the risks and benefits of taking out multiple loans.
