2 min read
25 May 2021

Whether you are looking to build an extra floor in your home, add a nursery to welcome your newborn, or give your entire home a new look, renovating it can be an expensive affair. But, with an affordable loan against property, you can renovate your home as you wish without compromising on the quality of materials and fixtures or aesthetics. For this purpose, avail Bajaj Finserv Loan Against Property to get a high-value sanction on cost-effective terms.

What does the Bajaj Finserv Loan Against Property offer?

Apart from offering a high sanction of up to Rs. 10.50 crore* at a competitive interest rate, Bajaj Finserv allows you to repay the loan via a flexible tenor spanning up to 15 years. Further, it lets you borrow the loan via the Flexi-loan feature. Thanks to this feature, you can make multiple withdrawals from your sanction whenever you need and prepay the borrowed sum at your convenience. Here, you pay interest only on the amount you borrow and not on the entire sanction. Further, you can choose to repay interest-only EMIs throughout the tenor and pay the principal only in the end, which results in up to 45% savings on EMIs. What’s more, you can get funds in your account within 72 hours* post-approval. All you have to do is qualify for simple eligibility terms using minimal documents.
With such a convenient funding solution at your disposal, here’s a list of things you can do to add oomph to your interiors and exteriors at home.

Add a nursery for your baby

A baby brings boundless joy to you and the entire family, and setting up a nursery is essential to keep your bundle of happiness safe and comfortable. However, decorating a nursery will need 3 things: sound planning, sincere efforts, and substantial funds. Based on your liking, the baby’s gender and other preferences, you can easily sail through the first two steps. To get started, you will first have to clean the room thoroughly so that your baby is not prone to allergens. Next, you will have to buy and set up a crib and other furniture in an organised manner, which adds value to the room. You may also want to add security features like a smoke alarm and a baby monitor or room camera for security. When all these are in order, you can access your loan against property to fund these plans with ease.

Additional Read: Ways to revamp your bedroom decor

Add a temperature-controlled pool or Jacuzzi

Whether you want to take a refreshing dip in steaming hot water during the winters or want to relax in a tub of cold water to beat the heat during the summer, a temperature-controlled swimming pool or Jacuzzi can be an excellent addition to your home. Not only does it add to your comfort, but it also increases the net worth of your property. But setting up and maintaining a temperature-controlled pool or Jacuzzi will not only require a good amount of space but will also cost you a few lakhs. However, now you can fund your dream of an indoor pool with ease, using the Bajaj Finserv Loan Against Property.

Add graphic tiles and wooden flooring

Gone are the days when mosaic tiles were a thing. These days, wooden flooring and graphic tiles seem to be making a statement. Whether it is your drawing room or your master bedroom, graphic tiles are decorative pieces that add extra splendour to your floors. Depending on the design you choose, graphic tiles will give the room a contemporary or traditional look. As for wooden tiles, when you choose a darker shade and pair it with suitable paint, they make your room look more inviting and bigger. With the Bajaj Finserv Loan Against Property, you can change the tile fitting of your entire home in a phased manner and make the best of what the Flexi-loan feature has to offer. You can also get your interiors and exteriors painted to match the tiles and give your home a new look and feel.

Additional Read: Home loan vs loan against property

Add a landscaped garden to your home

Landscape gardens not only add to the aesthetics of your home, but also appeal to your senses. Apart from this, landscape gardens are also known to offer health benefits. Depending on your choice of plants, you can select a theme such as tropical, Zen, or the Mediterranean and build your green spread around it. So, set up a landscape garden to cherish some peaceful time with your loved ones amidst the greenery and fund your preferences with the Bajaj Finserv Loan Against Property. Avail the sanction and use it to procure flora and fauna of your choice, buy gardening equipment, set up drip irrigation, and hire a professional gardener. Using these funds, you can also add a patio or gazebo with outdoor furniture to enjoy your garden to the fullest.

Equip your home with new appliances

Giving your home a new look and leaving the appliances as-is will hardly meet your purpose of renovating your space. With new technology surfacing every fortnight, there are a variety of appliances that you can install in your updated home. Replace your double-door fridge with a frost-free side-by-side refrigerator. Get a dishwasher to add to your modular kitchen set-up. Add an 8K LED TV along with a state-of-the-art home theatre to transform your living room into an entertainment hub. With funds by your side, you can fulfill all your wishes with ease without worrying about going off budget. Apart from these above, you can also add a parking garage for your vehicles, build a mezzanine floor, redo your bath fittings, fix leaky plumbing or your roof, and meet other home repairs with ease using a Loan Against Property. To get started on the right foot, be sure to check your pre-approved offer from Bajaj Finserv to view your customised offers and enjoy a one-step hassle-free online approval.

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