Features and benefits

  • Instant approval

    Instant approval

    Get home repair work underway without delay with approval in 5 minutes*.

  • Money in %$$PL-Disbursal$$%*

    Money in 24 hours*

    Obtain funding within a day post loan approval and document verification.

  • Flexible borrowing

    Flexible borrowing

    Address unforeseen renovation costs as the need arises and prepay for free with our Flexi personal loan facility.

  • Simple documents

    Simple documents

    Meet the easy eligibility criteria and provide basic KYC and income documents to prove your eligibility.
  • Funding up to %$$PL-Loan-Amount$$%

    Funding up to Rs. 25 lakh

    Cater to small and large home renovation expenses with ample collateral-free finance.
  • Pre-approved loan

    Pre-approved loan

    Avail of your pre-approved offers to access tailored personal loans for home improvement.

  • Easy repayment

    Easy repayment

    Repay your home improvement loan over up to 60 months at an attractive rate of interest.

Personal Loan for Home Improvement

Obtain a collateral-free personal loan for home improvement of up to Rs. 25 lakh to renovate, refurbish, repair, or remodel your house. Avail an attractive personal loan interest rate per your financial profile and space out your EMIs over a tenor of up to 60 months for comfortable repayment. For accurate planning, use the Personal Loan EMI Calculator.

To obtain money in the bank in 24 hours*, start by applying online. Thanks to our relaxed eligibility criteria, you get instant approval within 5 minutes*. Then, provide basic documentation such as KYC and income documents to support your application. After loan approval and document verification, the home improvement loan will be disbursed to your account within a day*.

Our personal loans for home improvement bear no hidden charges, as we promise 100% transparency. Read the terms and conditions to be fully aware of the cost of borrowing and account for this in your home renovation plans. To manage your loan, pay EMIs, view statements, and more, log in to our customer portal, Experia or use the Bajaj Finserv Experia app.

We offer a Flexi Personal Loan which is particularly suited to ad-hoc expenses. Use it to cater to home renovation costs as they arise. With Flexi loans, you can borrow from your approved sanction as many times as you desire and prepay funds, too, all without incurring extra charges. You pay interest on what you withdraw only, and you can opt for interest-only EMIs to bring down your initial EMIs by up to 45%*.

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Eligibility criteria

  • Nationality

    Nationality

    Indian

  • Age

    Age

    21 years to 67 years*

  • CIBIL score

    CIBIL score

    Check your CIBIL Score for FREE

    750 or higher

As a salaried professional living in an eligible city, you can apply online for our personal loan for home improvement and get instant approval. Learn more about the eligibility criteria for personal loan and the documents you need to submit. To apply for finance per your income and obligations, use our Personal Loan Eligibility Calculator and view how much funding you qualify for.

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Fees and charges

We offer competitive personal loan interest rates on our home improvement loan. Read the terms and conditions to know about the other fees and charges. Be assured of 100% transparency and zero hidden charges.

How to apply for a personal loan for home improvement?

Apply online for a personal loan for home improvement in a few easy steps:

  1. 1 Click on APPLY ONLINE to access our short online application form
  2. 2 Enter your phone number and authenticate yourself with an OTP
  3. 3 Fill in your basic KYC, income, and employment details
  4. 4 Upload the documents required and submit the form

Our representative will get in touch with you to further the process.

*Conditions apply

Frequently asked questions

What is a house renovation loan?

Home-owners planning to renovate, repair or extend their properties can opt for hassle-free personal loans to finance the required expenses. These home renovation personal loans are easy to avail of and come with competitive interest rates.

What are the document requirements for a home renovation loan?

Borrowers applying for a personal loan for home improvement need to submit the following:

  • Documents for age proof, address proof
  • Salary slips of 3 months, bank statements of 6 months and Form 16 of the previous 2 years (for salaried individuals)
  • Certificate of business existence along with the bank statements of 12 months and income tax returns of the last 3 years (for self-employed individuals)
  • Additional documents asked by the lender

A personal loan for home renovation comes with a flexible repayment tenor ranging between 24-60 months. In other words, a borrower can avail of a home renovation personal loan for a maximum of 60 months.

Can I take a home renovation loan for decorating my house?

Yes, home-owners can apply for a house renovation loan to decorate their homes. This loan can also be used for external remodelling, whitewashing, plumbing, tiling, flooring and other purposes.

What is the interest rate for a house renovation loan?

NBFC personal loan for home renovation are offered at highly competitive interest rates. These loans come with absolutely zero hidden charges and offer 100% transparency. However, borrowers should carefully read the terms and conditions before opting for a loan.

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