Personal Loan for Home Renovation

Redesigning your living space can breathe new life into your home, but the cost of renovation often becomes the biggest hurdle. Since home upgrades are not frequent, the expenses involved can feel overwhelming.

A personal loan for home renovation can ease this burden by providing the funds you need for improvements, extensions, or interior design. With the right financing, you can transform your house into the home you’ve always envisioned, without delaying your plans due to financial constraints.

Instead of delaying upgrades due to high costs and further damaging your house, you can access funds quickly and repay them in structured EMIs. As these loans do not have usage restrictions, you can use them for your future home improvement projects:

• Structural Upgrades: Use a personal loan to create open floor plans, reinforce foundations, or fix dampness. These changes will improve your safety and increase the value of the property

• Appliance Upgrades: Replace old appliances with advanced models. A personal loan will help reduce upfront costs to buy and install them, and make the utility bills more manageable

• New Furniture: Buy durable and stylish furniture that will enhance your comfort and design. Finance the purchase with a personal loan

• Home Remodelling: Redesign kitchens, bathrooms, or workspaces to suit your lifestyle. A personal loan provides funds for fixtures, finishes, and professional services

• Repair Work: Address cracked tiles, broken windows, or damaged fittings on time. Use the loan for home repairing to maintain comfort, safety, and value of your home

Before applying for a personal loan online, you must meet the conditions set by lenders. Common requirements include:

• You must be an Indian citizen

• You can either be a salaried or self-employed individual 

• You need to be at least 18 years of age at the time of applying

• You need to have a CIBIL score of 685 or more

• You need to have a minimum work experience of at least 6 months 

• You need to be earning a minimum of ₹9,000 per month

Applying for a personal loan online involves a few steps. You can follow the process below to submit your application:

1. Click on the ‘Apply Now’ option on this page

2. Choose your profession

3. Enter your mobile number and the OTP received on the number

4. Type in your pincode

5. Accept the terms and conditions after reading them carefully

6. Click on ‘Proceed’

7. Submit the following details as required:

•  PAN

• Name as per PAN card

• Date of birth,

• Net monthly salary.

• Employer category,

• Employer/company name

• Email ID

• Gender

• Salary credit mode (Bank or Cash)

1. Click on ‘Submit’

2. Get offers as per your eligibility

3. Then, choose the preferred option

1. Fill in additional details as required

Post this, a representative will contact you regarding the next steps.

Reference of all T&C necessarily refers to the terms of the Partners as regards to pre-approved offers and loan processing time amongst other conditions.