Whether you are looking to decorate your home ahead of the festive season or planning to carry out some last-minute repairs, home renovation can be an expensive affair. Some of these may be periodic – say, a new coat of paint or landscaping – while others may be a one-time expense. Either way, financing the renovation out of pocket may not be the best idea.
A good alternative is to opt for a specialised personal loan for home renovation, one that can help you spruce up your home quickly and on affordable terms. As an unsecured loan, you are not required to submit any collateral. These are easy to avail of, and you can get the funds processed with relative ease.
Read on to know more about the advantages of using a personal loan to complete your home renovation project.
Get easy and instant access to funds for your house renovation
Once you meet the criteria, fill out an easy online application, and you are good to go! You get funds in your account within 24 hours for all your home decoration, repair and renovation needs. Getting a personal loan for salaried employees for such requirements is beneficial as many lenders have a transparent process, which does not include any hidden or additional charges. With low personal loan interest rates, you can tackle your monthly repayments without any hassle.
Avail of a house repair loan without risking your assets
The best part about this personal loan for home improvement is you can avail of it without pledging your assets as security. Since it is an unsecured loan, it is a smart, feasible option for managing all costs related to giving your home a makeover.
Fund any home expense without restriction
There are absolutely no limitations or constraints you need to keep in mind when using this credit option. Right from repairing your home to remodelling it, this personal loan amount may be used by you in any way you deem necessary. Whether fixing your leaking roof or bathroom pipelines, buying lighting fixtures and home security systems, doing up the entrance or adding a patio, you can tackle both planned and unanticipated costs using a home renovation loan.
Make big-ticket upgrades and repay comfortably over a long tenor
Most lenders offer a repayment period of up to 60 months. This is enough time to sure that your EMIs are spread across comfortably. You can also use the EMI calculator to compute your monthly instalments in advance. This helps you plan your finances well ahead of time and ensure a timely repayment.
The Bajaj Finserv Personal Loan for home improvement is the smart choice to meet your home renovation needs. It has a range of value-added features and offers near-instant access to funds, making it ideal even in urgent situations. With it, you can borrow money online up to Rs. 25 lakh and avail of it instantly within 24 hours of approval.
This home renovation loan also provides you with a longer repayment duration of up to five years. What’s more, it features a range of digital provisions that help plan the loan efficiently and even offer insight on loan eligibility. To get started and enjoy a hassle-free experience, check your pre-approved offer right away and get funding in an instant.
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