Home Renovation Loan Overview
LoanPao’s home renovation loan in India 2025 helps you upgrade your home with rates from 9% p.a. and loans up to ₹50 lakh. Whether it’s painting, flooring, or adding rooms, our 500+ RBI-compliant partners ensure quick approvals and minimal documentation. Renovate hassle-free with LoanPao.
For other home financing, see our Home Purchase Loan or Home Loan Balance Transfer.
Benefits of Home Renovation Loan
Flexible Usage
Use funds for repairs, interiors, or extensions.
Fast Approvals
Get funds in 3–7 days with minimal paperwork.
Competitive Rates
Rates from 9% p.a. for affordable EMIs.
Eligibility Criteria
| Criteria | Details |
|---|---|
| Age | 21–60 years |
| Residency | Indian citizen with valid KYC |
| Income | Minimum ₹2 lakh p.a. (salaried/self-employed) |
| CIBIL Score | 700+ with good credit history |
| Property Ownership | Proof of ownership required |
Check your eligibility with our CIBIL login tool.
Documents Required
- Identity Proof: Aadhaar, PAN, Passport
- Address Proof: Utility bill, Aadhaar
- Income Proof: Salary slips (3 months), ITR (2 years)
- Property Ownership: Title deed, property tax receipt
- Bank Statement: Last 6 months
How to Apply
- Fill out the online application.
- Submit KYC, income, and property documents.
- Compare offers from 500+ lenders.
- Complete verification process.
- Receive funds in 3–7 days.
Apply now or call +91-971-769-5334.
Compare Home Renovation Loan Providers
| Provider | Interest Rate (p.a.) | Loan Amount | Tenure | Processing Fee |
|---|---|---|---|---|
| Bank A | 9–10% | ₹1 lakh–₹50 lakh | 1–7 years | 0.5–1% |
| Bank B | 9.5–11% | ₹1 lakh–₹40 lakh | 1–5 years | 0.75–1.5% |
| NBFC C | 10–12% | ₹1 lakh–₹30 lakh | 1–5 years | 1–2% |
Frequently Asked Questions
A home renovation loan is a loan to fund home improvements, such as repairs or upgrades, with amounts up to ₹50 lakh.
Indian residents aged 21–60, with a CIBIL score of 700+, and minimum income of ₹2 lakh p.a. are eligible.
You can use it for repairs, painting, flooring, plumbing, or adding new rooms.
Required documents include Aadhaar, PAN, income proof (salary slips/ITR), property ownership proof, and bank statements.
Approval typically takes 3–7 days with minimal documentation.