Finnable Logo

4605 people have applied in the last 24 hours

4605 people have applied today
Home Renovation Loan

Home Renovation Loan

‘My Home, My World’ is an adage that everyone believes in. Renovating your home can help you match the vision attached to the adage.Worried about the costs or feeling like the funds might be insufficient? Get a home renovation loan from Finnable and make the changes you envision for your home.

Home renovation can become a necessity at some point in time. This helps to fix the small deteriorations, improve the aesthetic value and readjust space according to a family's changing needs. Home improvement loan also helps in enhancing the value of your existing house for future sale.

That being said, don't let the costs or insufficient funds get in the way of making true the adage ‘My home, My World’. Get a personal loan for home renovation with Finnable and give your home the makeover it deserves.

read more

Your house is an essential part of who you are. It is a reflection of the life that you and your family have created for yourself. You have the greatest sense of security within these confines, where everything is cozy and well-known to you. No matter how taxing the day was, you could always wind down and unwind when you get home.

Your hopes and goals expand along with your family, and you want to provide an even higher standard of living for your offspring as they age. The financial support you need to ensure that your cherished property can keep up with your way of life is provided by a Finnable Home Renovation loan.

Whether it is an extension, a renovation, an important repair, or structural modifications to your house, you receive the financial help to guarantee that you, your children, your parents, and even your visitors are always safe and secure. This support also extends to the people who visit your home.

Home Renovation Loan Interest Rates

The ability to take advantage of special offers is one of the primary benefits of applying for a loan via Finnable online, which offers the lowest home renovation loan interest rates. You may take advantage of lowered prices and a variety of other deals by visiting our website. During this session, one of our specialists will walk you through the advantages of each of the deals so that you may choose the one that will be of the most use to you.

How to apply for Home Renovation Loan?

You may apply for a home improvement loan online on our website and have the money put into your account as fast as two hours after providing just a few basic documents and completing the application in a matter of clicks and minutes. The whole operation is carried out in digital form.

The application procedure for a loan to finance home improvements is simple and straightforward

  • Create a user profile on Finnable by providing the essential information in the appropriate fields.
  • Choose the amount of the home improvement loan you need as well as the repayment term.
  • To complete the submission, please upload the necessary documents.
  • After that, a staff member will review your loan application, provide final approval, and let you know how things stand.

Where to apply for Home Improvement Loan?

You can submit your application for a house repair loan online on our Finnable Personal loan app. The procedure is straightforward, needs only a minimum amount of documents, and guarantees a speedy disbursement of the loan amount.

Why Finnable for Home Repair, Renovation and more?

There are various reasons why you should choose Finnable Loans for your home repair. Some of them are listed below:

  • Quick Reimbursement

You may apply for a personal loan in just a few clicks, and you will only need to supply a few fundamental papers. If approved, the money from the loan will be put into your account in as little as two hours. The whole operation is carried out in digital form.

  • Personal Assistant

In the event that you need any assistance, please contact your personal loan assistant at makeiteasy@finnable.com. We want to make your experience as easy and stress-free as possible for you.

  • High Loan Amount

Submit an application for a personal loan with a few documents, and you might get a large loan amount of up to 10 Lakhs. The loan term might range anywhere from six months to sixty months in length.

Eligibility for Home Improvement Loan

The applicant and potential borrower need to be:

  • A Resident of India
    Ranging from 22 to 60 years of age.
  • At the time of application, they had been working at their present position for a minimum of six months.
  • A person who is employed and receives a wage that is more than Rs. 20,000 per month if they live in tier 1 cities or Rs. 15,000 per month if they live in tier 2 cities is considered to be a high-income earner.

Documents Required for Home Renovation Loan

In order to submit an application for financing for the remodeling of your home, you will be required to provide the following documents:

  • Personal documentation, such as your Aadhar card and PAN card.
  • Proof of income documentation, which may take the form of a wage slip for the last three months.
  • It is recommended that the applicant has worked at the company in question for more than three months, and the applicant’s overall work experience should be more than six months.
  • The successful applicant’s bank account needs to be credited with the salary.

Home renovation Loan features

Finnable Customers
4605 people have applied for loan in the last 24 hours
5/5
5000 people have rated this loan as the best product

Low EMI's

Enjoy lower EMI’s with interest charged on reducing balance method. As opposed to Flat rate of interest, Reducing balance ensures EMI amount remains low.

Personal Loan Assistant

Get loans quickly

Apply for a personal loan in a few clicks by submitting only a few basic documents and get the loan money transferred in your account as quickly as 2 hours. The entire process is 100% digital.

High Loan Amount

High Loan Amount

Apply for personal loans with minimum documentation and get high loan amounts of upto Rs.10 Lakhs. The loan tenure can be anywhere between 60 months.

Get rewards

Personal loan Assistant

Please write to your personal loan assistant at makeiteasy@finnable.com for any support. We aim to provide you a seamless and hassle-free experience.

Get rewards

Low EMI's

Enjoy lower EMI’s with interest charged on reducing balance method. As opposed to Flat rate of interest, Reducing balance ensures EMI amount remains low.

Instant Personal Loan

Get loans quickly

Apply for a personal loan in a few clicks by submitting only a few basic documents and get the loan money transferred in your account as quickly as 2 hours. The entire process is 100% digital.

High Loan Amount

High Loan Amount

Apply for personal loans with minimum documentation and get high loan amounts of upto Rs.10 Lakhs. The loan tenure can be anywhere between 6 and 60 months.

Personal Loan Assistant

Personal loan Assistant

Please write to your personal loan assistant at makeiteasy@finnable.com for any support. We aim to provide you a seamless and hassle-free experience.
Finnable Customers
4605 people have applied for loan in the last 24 hours
5/5
Over 5000 customers have rated us 5 stars in Play store

Personal loans can be used for multiple purposes- to fulfil your desires or meet urgent financial needs. This is why we bring you a range of products to suit your needs and desires.

Learn with Finnable

Home Renovation FAQs

Renovating or remodeling your home can be a pricey affair. A home improvement loan can help with the funds you would require for any renovation work you plan to do. You can use this fund to change the layout of your house, add additional space for your child, or add aesthetic value to your home. You can also use the funds to redesign the interiors of your home.

You can avail of a personal loan for home renovation of upto Rs. 10 lakhs with valid documentation.

You can get the house renovation loan in one installment itself. Should you need additional funds, you can apply for a top-up and avail of additional funds for your home renovation loan.

The maximum tenure for a home renovation loan at Finnable is 60 months or 5 years.

Yes, you can apply online for a home improvement loan. The process is simple, requires minimal documentation and promises quick disbursal of the loan amount on our Finnable Personal loan app.

The applicant/borrower should be:

  • A resident of India
  • Between the age of 25 to 45 years
  • Employed for at least 6 months at their current job at the time of application
  • A salaried individual with a monthly salary of more than Rs. 20,000/ per month if living in tier 1 cities and Rs.15,000/- per month if living in tier 2 cities.

To apply for a House renovation finance, you will need to furnish the following documents:

  • Personal documentation including your PAN card and Aadhar card
  • Document of income proof, which can be a salary slip for 3 months
  • The employment period in the current organization should be more than 3 months, and the total work experience should be more than 6 months.
  • Salary should be credited to the applicant’s bank account

The process of applying for a home renovation loan is simple and easy.

  • Create a profile with Finnable by filling in the required information.
  • Select the required home renovation loan amount and the tenure.
    Upload the required documents and submit them.
  • Our team will then review, approve and inform you about the status of your loan application

There is a maximum term of twenty years that you may acquire on loan for home improvements. However, in order to qualify for a loan, your project of home repair must be reasonably expected to be finished within one year.

No, in order to apply for any type of loan, you will need to provide your PAN Card.