Raise Finance Instantly with a Personal Loan for Home Improvement
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Raise Finance Instantly with a Personal Loan for Home Improvement

  • Highlights

  • A home renovation loan has a simple eligibility criterion

  • Bajaj Finserv offers instant approval on personal loans

  • You can get loans up to Rs.25 lakh in just 24 hours

  • And the funds are credited directly to your bank account

Making a down payment and paying the last EMI on your home loan does not mark the end of home-related expenses. On the contrary, when you purchase a home, you are likely to seek funds to improve the interiors and personalise it as per your taste and preferences.
This could include changing the layout of the bathroom and re-doing the plumbing accordingly, repainting the house, or buying a new sofa, dining table and other furniture and home appliances. In such cases, a loan offers you ample funds to pay for all the expenses that you have planned.

A Personal Loan for Home Improvement from Bajaj Finserv is one such financing option that can help you raise funds of up to Rs.25 lakh quickly, so that you can put your plans into action. Take a look at how it offers instant disbursal to you for all your home-related expenses.

Qualify for one easily

You may have planned to undertake home renovation or may have to do so urgently. For example, if you need to rainproof your home or are dealing with structural damage, you can’t delay your plans. You will need funds in an instant. To help you apply easily, a home improvement loan features a simple, minimal eligibility criteria. All you need to ensure is that you are between 25 and 58 years of age and you are a salaried individual employed with an MNC, or public or private sector company. Besides, you must be a citizen of India and earn the minimum salary amount. For Bajaj Finserv, this varies from one city to another. Take a look at the complete list.

Additional Read: Apply For a Personal Loan For Home Renovation In 4 Simple Steps

Apply online in minutes

A personal loan for home renovation features a simple, four-step, online application procedure that can you can complete within minutes. All you have to do is submit your personal, financial and employment details and then enter the loan amount that you seek, followed by the tenor. Then, get confirmation on your loan and submit the necessary documents. Once your documents are verified, the amount will be sent your way.

Get approval and disbursal quickly

If easily eligibility and application aren’t accompanied by equally fast approval, they are rendered unhelpful. So, Bajaj Finserv ensures that it grants approval quickly, in a matter of minutes. Then, after document verification, you will receive the renovation loan in your bank account within 24 hours.

Make the most of pre-approved offers

When your time is of essence and you have a long to-do list to tackle, you can avail a customised pre-approved loan. Share a few basic details such as your name and mobile number and check out your pre-approved personal loan offer in minutes.

Additional Read: Personal Loan for Home Improvement: Fees and charges decoded

It’s a collateral-free loan

Often, loan providers require you to pledge collateral to get a loan. This may not be ideal for you, especially if you are wary of putting up valued assets at stake. Most lenders who offer a home renovation loan, including Bajaj Finserv, don’t require you to do so. Since you don’t have to submit any collateral, or related paperwork, approval and verification processes take place even more swiftly.

Make the most of Flexi Loan facility

When you take a Personal Loan for Home Improvement from Bajaj Finserv, you can make use of the Flexi Loan facility, where in you can withdraw from the total sanction in instalments, as per your needs. Pay interest only on the amount that you use and benefit from the option of paying interest-only EMIs through the tenor.
At the end, you can repay the principal. However, the key here is that each time you need funds, you don’t have to file a fresh application. Simply make a request online and Bajaj Finserv will release the funds to you.


These are some of the features of a home renovation loan that can help you raise funds quickly. But, before you borrow this loan, ensure that it meets all your requirements and has a competitive rate of interest.

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