Your home is a reflection of your own personality. From interiors, decors to wall colours now customize each and every detail to your desire with our affordable and tailor-made home improvement loan offering.
Whether you want to remodel your space or make home improvements like redesigning the interiors, installing new technology, making basic repairs and regular maintenance, you can do so with Poonawalla Housing Finance Home Renovation Loan. Now, get ready to fulfil every big or small housing need easily.
Features & Benefits
Below are the exclusive features for Home Renovation Loans:
Interest Rates
Home Improvement Loans usually come at affordable interest rates as compared to other financing solutions such as personal loans. With Poonawalla Housing Finance, you can avail loan for house renovation at competitive interest rates, starting at just 9.55% per annum. Click here to know more about our home renovation loan interest rates.
Eligibility Criteria
Eligibility criteria for home renovation loans vary from lender to lender. With Poonawalla Housing Finance, you can avail loan for home interior design by fulfilling simple eligibility criteria:
Below are the documents required for home improvement loan:
How to apply for home improvement loans?
With Poonawalla Housing Finance, applying for home improvement loans is easy. Below are the steps to apply for home renovation loan:
Understanding your timely needs, we provide a completely transparent loan starting at ₹5 Lakhs at competitive interest rates and with no hidden charges. Enjoy our simple eligibility and minimum documentation for a quick and hassle-free process with the convenience of flexible repayment tenure, no foreclosure/pre-payment charges and end-to-end doorstep service. And the best part about this loan is that the interest paid is tax-deductible.
So why dip into your hard-earned savings for your housing needs, when you can choose a smart financial solution for home renovation? To calculate the EMIs you need to pay, you can simply use our home renovation loan EMI calculator. All you have to do is enter the loan amount, tenure and interest rate.
Apply for a quick Home Renovation Loan and turn all your home improvement plans into reality.
On the application form, fill in your basic details
Submit your KYC, Income documents, and Bank account statements
We’ll do a quick verification and assessment of your documents
We follow a quick process to approve loan applications
That’s it! Your Home Loan will be instantly disbursed
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Formerly Known as Magma Housing Finance Limited