Home Improvement Loan FAQs

 

 

Home Improvement Loans are secured loans taken against the mortgage of your property and can be used for remodeling, renovating, updating or making repairs to your home. Apart from major work that needs to be done in a house, these loans can also be taken to help you furnish your house and pay for things like interior designing.

You can submit an online home loan application by clicking here. Our documentation is simple and we offer instant sanction for home loans. You can also call us on our Helpline Number : 1860-267-3000 for assistance.

You may use a home improvement loan to renovate and turn your house to your home.

If you are an Indian citizen between the age of 18 to 75, and are either salaried or self-employed, you can apply for a Home Improvement Loan.

Yes, you are eligible for tax benefits on the principal and interest components of your Home Improvement Loan under the Income Tax Act, 1961. As the benefits can vary each year, please do check with our Loan Counsellor about the tax benefits that you can avail on your loan.

 

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