Home Renovation Loan in India: Interest Rates, EMI Calculator & How to Apply
Renovating a home is one of the most rewarding investments you can make. Whether you’re upgrading your kitchen, fixing structural issues, repainting your house, or modernizing interiors, renovation improves both comfort and property value. However, renovation costs can add up quickly. This is where a home renovation loan in India becomes a practical financial solution. What Is a Home Renovation Loan? A home renovation loan is a type of financing used to cover expenses related to repairing, remodeling, or upgrading an existing house. These loans help homeowners manage renovation costs without dipping into their savings. Depending on your eligibility and lender policies, renovation funding may be offered as: A dedicated home renovation loan, or A personal loan for home renovation , which does not require property collateral Both options allow you to renovate your home and repay the amount in easy monthly installments. Home Renovation Loan vs Personal Loan for Home Renovation ...