Home Renovation Loan
Extension Loan
Home Improvement Loan is one of the easiest ways to fund your dream of giving your home a new look and renovating it as per your desire. And now this loan can be applied online with a few clicks with easy installment options.
Home improvement loan, as the name suggests, is used to improve your existing home like adding a new room, adding a new balcony or making some improvement in the existing home structure. It is also popularly known as repair and renovation loans. With home renovation loans, you can upgrade your existing home to a modern look and comfortable living.
We have amazing offers for rural housing with great penetration in its segment.
A home renovation loan or home improvement loan can be availed to repair & renovate, refurbish, extend, or modify your house. It is a way to fulfill your dream of upgrading your home and making it more comfortable as per your needs and preferences. From a future perspective, investing your money in home renovation or improvement is a good idea. Compared to a personal loan, taking a home renovation loan is far better as it has various advantages like tax benefits, competitive interest rates, and many more. Before applying for the loan, you must check the home renovation loan eligibility using the online free eligibility calculator for quick approvals.
We offer the most competitive pricing and easy repayment plans to borrowers seeking home loans. We have an easy loan application process for you. You may either choose to visit our branch, download our mobile app and submit your interest.
RELIABLE HOME LOANS
Take your First Step Now !!
Calculate your Loan Today With Our Online Calculator
For Salaried People
Identity Proof
Address Proof
Proof of Income
Other Documents
Property Documents
Frequently AskedQuestions
A loan for home renovation is taken by people for the renovation and improvement of their home or property. Like adding one more room or giving your home a new look.
The applicant must follow the following steps to apply for the Home Improvement Loan
Now processing time is very fast and on average the loan is sanctioned within a week
Application form
The individual seeking for a loan should fill the complete application form with a photograph filling in all the necessary details correctly.Age proof
Documents like passport, PAN card, or any other document from the government should be attached as age proof of the loan seeker.Residence proof
Documents like electricity bill, telephone bill, ration card, driving license, voter Id card or any other government-issued document should be attached as residence proofEducation Qualifications
The academic qualification of the loan seeker should be attached with the application form Salary statements/ Certificate for business existenceBank Account Statement
A bank account statement is submitted to get information about other loans of the individual and also to know the financial position of the individual.Fee cheque for processing fees of the loan
A cheque in the favour of the institution from which the loan is taken is to be attached for the processing fees of the sanctioned amount.Photocopy of the property papers
The photocopy of the property papers should be attached along with the application form To Get more details about the Documents Required for Home Improvement LoanHome Improvement Loans can only be used to fund the purchase of immovable furniture and fixtures and other home extension expenses like repairing and colouring.
Flexible repayment options, Competitive interest rate, Quick and fast approvals are the major benefits of a home renovation loan.
A home loan is a secured loan used to purchase a residential property. You can apply for a home loan to buy a home from a builder, build your own home, or just renovate your current home. Trident provides home loans with lowest interest rates beginning at 8.40% and up to 20 Cr repayable over a 30 years term.