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Home Renovation Loan

About Home Renovation Loan

Get acquainted with Home renovation loans at LoanzBazar

A home renovation loan is a type of loan which you can apply for if you have a home renovation project in your house. This includes painting and whitewashing, tiling and flooring, waterproofing, plumbing and sanitary work,

Home renovation loans are easy to get without the requirement of much paperwork. It is one of the many kinds of loans that are not on emergency criteria but have a large budget under its column. The home renovation loans can be taken by any government or private sector workers or self-employed applicants.

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Loan Amount



Rate of interest



Loan Tenure

6 Months

72 Months

Calculated EMI*

Quickest home renovation loans at LoanzBazar

Being one of the easiest and simplest loans, home renovation loans are very quick to sanction as well. At LoanzBazar your home renovation loan can be disbursed in your within 3 days.

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Why should you consider taking a home renovation loan from LoanzBazar?

Applying for Home Renovation Loan has never been easier with Loanzbazar. Check details here:


Easy and quick home renovation loan approval

LoanzBazar guarantees the fastest loan approval and transfers within 72 hours after screening the required documents and your application.


Easy EMI repayment options

With the fastest and most convenient loan approvals, LoanzBazar always offers options for repayment in EMIs. You get to pay any way you want only after 6 months of the money transfer.


Apply for large amounts for big renovation projects

At LoanzBazar you can take a loan from anywhere between Rs 50,000 to Rs 10,00,000 and use it for your home renovation.


Long repayment period

You can repay your loan amount with interest within 30 years by opting for LoanBazar’s services.


Less documentation required

When you are opting to take a loan with LoanBazar you won’t be worrying about documents. For a home renovation loan, you just need to show some basic documents.


No extra costs

The loan process at LoanBazar is completely transparent. You do not need to pay any processing fee or other charges while applying for a home renovation loan.

Documents to Apply for a Home Renovation Loan

When applying for a Home Renovation Loan, you will need to submit the following documents:
  1. PAN Card
  2. Identity proof (Aadhaar Card, Driving licence, Passport, Voter ID, etc.)
  3. Signature Proof (Passport, PAN card, etc.)
  4. Address proof (Passport copy, Aadhaar card, driving licence, utility bill – gas or electricity bill, Voter ID ,ration card, rent agreement, etc.)
  5. Bank statements of the past 6 months
As a salaried individual, you additionally need to submit the following:
  • As a salaried individual, you additionally need to submit the following:
  • Income Tax Returns for the last 2 years
  • Doctor proof (License, registration certificate, GST number)
  • IT Assessment OR Clearance Certificate
  • Income Tax Challans OR TDS Certificate (Form 16A) OR Form 26 AS for income declared in ITR
Please note that depending on your individual profile and Fullerton India’s policy at the time of loan application, additional documents may be requested.

Loanbazar Home Renovation Loan Eligibility

  • You must be a Salaried Employee
  • Age: 23-55 years old
  • Net Monthly Income must be more than Rs. 20,000.
  • No defaults in the last 24 months.
  • You must be residing in Delhi/NCR, Bangalore, Pune, Chennai,Mumbai or Hyderabad.

How do you utilise a Home renovation loan?

You can utilise a home renovation loan for various repairs or remaking processes at home. The cost of painting, tiling and flooring, waterproofing, plumbing and sanitary work can be covered with a home renovation loan.

Flexible Repayment options

Final installment options for a loan will be decided based on your profile and inputs.

Home Renovation Loan

Repayment done via Fixed Equated Monthly Installments, where EMI=Principal + Interest. Each Installment reduces both interest and Principal amount. Ideal when: You know the precise Loan Amount needed and your income is consistent.

How to apply

Avail our personal loans through your preferred platform and enjoy unmatched convenience at your fingertips…


Via Website


Via Our App


Via WhatsApp


Via Call

Compare Home renovation loan Rates of Interest in Mumbai, Pune, Thane, Navi Mumbai, Delhi, Bangalore,

The lowest interest rate for home renovation loans is in Bank of Baroda which is at 6.58% for a maximum loan of 10crore to be paid in 30 years. Whereas the highest is at PNB housing finance

Bank Name Rate of Interest for Salaried Employee
HDFC Bank 10.99% - 17.85%
Axis Bank 11.99% to 24%
ICICI Bank 10.99% - 17.85%
Standard Chartered Bank 11% - 16%
IndusInd Bank 14% - 16%
Kotak Bank 11.50% - 24.00%
Bajaj Finance 14.25% - 16.75%
HDB Finance 14% - 21%
Fullerton Finance 13.00% - 24.00%
State Bank of India 11.00% - 17.65%
IDFC Bank 10.99% - 17.85%
IDFC Bank 10.99% - 17.85%
Tata Capital 13.50% - 18%
Yes Bank 12.50% - 16.00%


Yes, you can pay your home renovation loans with an easy EMI.

Yes, it is very easy to apply and get a home renovation loan from LoanzBazar. With easy repayments, quick approvals and flexible services. You can get your home renovation loans easily.

No, there is no stern requirements but you have to be an Indian citizen between the age of 21-65 and have at least 2 years of experience with a certain fixed salary limit.

You can pay for a home renovation loan for as long as 30 years.

Yes, you can use your home renovation loan to make furniture in your house.