About Poonawalla Housing Finance Home Improvement Loan

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:

• Affordable loan for house improvement
• Easy repayment through EMIs
• Competitive interest rates
• High loan amount
• Maximum loan tenure upto 30 years
• No hidden charges are applicable
• Hassle-free application with minimal documentation
• Simple eligibility criteria

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:

• Age between 21 to 65 years
• Monthly income of at least ₹25,000
• Minimum working experience of two years
• Self-owned property

Below are the documents required for home improvement loan:

• KYC documents (Id proof and Address proof)
• Proof of Residence
• Income documents
• Property documents
• Employment certificate
• Estimate for renovation

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:

• Step 1 – Visit our website or your nearest Poonawalla Housing Finance branch office
• Step 2 – Check if you are eligible for our home renovation loan
• Step 3 – Fill up the application form online or offline
• Step 4 – Submit the required documents
• Step 5 – After the verification process, loan amount will be transferred to your bank account

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.