A Personal Loan for Home renovation is monetary support obtained via financial companies to support different aspects of home renovation. Whether it is repainting the walls, changing the floor or replacing the furniture, everything can be done via personal loan for home renovation.

As the name suggests, a Personal Loan for home renovation is an unsecured loan you can take for renovating or repairing your home and repay in monthly instalments.

Personal Loan for Home Renovation that can be availed by both salaried and self-employed individuals, earning an income of a minimum Rs 15,000 per month.

Since a Personal Loan for home renovation is an unsecured loan, you do not need to provide any security or collateral to take the loan.

A Personal Loan for Home renovation is a type of short-term. The amount borrowed is not extravagant such as in long term loans. Hence, it is collateral free and requires no security against the home improvement loan.

You only need your KYC details and proof of income when you apply for a Personal Loan for home renovation with Hero FinCorp online.

You just need to provide your KYC details and proof of income.

To apply for a Personal loan for your home renovation, simply fill up the application online using your KYC information and submit along with your income proof.

Yes, you can take a loan specifically for house renovation. Personal Loan for Home Renovation are designed to provide funding for repairs, upgrades, or remodelling projects for your home. These loans offer a convenient way to finance your renovation plans and improve your living space.

A Personal Loan is an unsecured loan offered at highly competitive rates and easy repayment terms with minimal documentation. You can get approval in minutes.

House renovation loans offer several benefits. They provide access to funds specifically for home improvements, helping you enhance your living space. These loans often have lower interest rate, and the interest paid may be eligible for tax deductions, making them a cost-effective financing option for your renovation projects.

Yes, you can take a Personal Loan for house repair/renovation and utilise the amount for raw materials, labour and transportation.

You can use your Personal Loan for Home Renovation to address various repairs and improvements to the structure of your home. This includes projects such as remodelling kitchens or bathrooms, upgrading electrical or plumbing systems, renovating rooms, or making structural repairs. The loan cannot be used for moveable items like furniture.

The interest rate you qualify for depends on your credit score, DTI (debt-to-income) ratio and lender's policies. The interest rates at Hero FinCorp begin at 1.58% per month.

The maximum term for availing a house improvement loan is typically 3 years. This means that you have a maximum of 3 years to repay the loan in full, including the principal amount and interest. It's important to consider this duration when planning your loan repayment strategy.

You can obtain approval in less than ten minutes when you apply for a Personal Loan for home improvement through the Hero FinCorp app or website.

You can avail a Personal loan of up to Rs 5 Lakh for home improvement from Hero FinCorp based on your eligibility.

You must be 21 to 58 years old with a monthly salary of Rs 15,000 and work experience, based on your profession (salaried/self-employed), to avail a Personal Loan from Hero FinCorp.

You can get ample amounts of up to 5 Lakh without collateral at Hero FinCorp at reasonable interest rates and repayment terms of 12 to 36 months.

Hero FinCorp can approve your application for a Personal Loan for home improvement in as little as 10 minutes when you apply online.

Yes, you can get a Personal Loan for home remodelling even if your credit score is low or poor. However, the lender might provide a smaller loan amount or charge a higher rate of interest.

Yes, you can take a Personal Loan for home improvement at Hero FinCorp with convenient repayment periods of 12 to 36 months.