Home Renovation Loan

EMI Calculator

Loan Amount: ₹500000 Tenure (months): 60 Interest Rate: 9%

EMI: ₹0

Total Interest: ₹0

Total Payable: ₹0

About Us

Shree Raghunath G Financial Services helps homeowners secure funding for repairs and upgrades. As a channel partner of Urban Money we compare multiple banks and NBFCs to find competitive renovation loan offers. We guide you through documentation and lender requirements to reduce delays and improve approval odds. We do not lend directly.

Interest Rates

Renovation loan rates typically start from around 8% p.a. and vary by lender, loan amount, and borrower profile. Final rate and fees are subject to lender assessment.

Benefits of Renovation Loans

Low-cost financing compared with personal loans for home improvement.
Flexible tenures to match repayment capacity.
Fast disbursement options for urgent repairs.
Structured EMI for predictable monthly payments.
Access to multiple lenders to secure competitive rates.

Common Uses for Renovation Loans

Structural repairs and safety upgrades
Kitchen remodeling and modular fittings
Bathroom upgrades and plumbing work
Flooring, painting, and electrical work
Home extension or small construction additions

Restrictions & What This Loan Cannot Be Used For

Renovation loans are intended for improvement and repair of the existing property. The loan cannot be used for the following:

Purchasing furniture, white goods, or appliances as a primary purpose.
Buying land or a new property.
Purchasing vehicles.
Investment or speculative purposes unrelated to property improvement.
Payments to unrelated third-party businesses that do not supply renovation services or materials.

Specific restrictions may vary by lender. Lenders may request invoices or estimates for renovation work before disbursing funds.

Why Choose Us

Access to multiple bank and NBFC options for renovation finance
Transparent process with no hidden fees
Over 15 years of advisory experience
Assistance with documentation and faster processing
Personalised lender matching based on your project

Renovation Types We Support

Minor repairs and maintenance
Interior upgrades and modular installations
Structural strengthening and small extensions
Cosmetic upgrades such as painting and flooring

The Process

Quick consultation to define your renovation plan and budget.
Compare lender offers and select the best fit.
Help prepare and submit documentation and quotations.
Coordinate with lender until sanction and disbursement.

Documents Required

Identity Proof: Aadhaar OR PAN OR Passport
Address Proof: Utility Bill OR Passport OR Aadhaar
Income Proof: Salary Slips OR ITR OR Bank Statements
Property Proof: Title Deed OR Ownership Papers OR Tax Receipts
Estimated renovation cost, contractor invoice or quotation if requested by lender

Eligibility Criteria

Salaried and self-employed individuals
Clear ownership of the property to be renovated
Sufficient repayment capacity based on income
Age, credit history, and tenure limits as per lender policy

What Our Customers Say

"Loan process was quick. Renovation began on schedule."

"Clear guidance and fast coordination with the lender."

FAQs

Q: What tenure can I get for renovation loans?
A: Typically from 1 year up to 15 years depending on lender and loan amount.

Q: Can I use the loan to buy furniture?
A: No. These loans are primarily for renovation and structural improvements. Buying furniture or appliances is generally excluded. Check lender terms for specifics.

Contact Us

Contact person: Ajeet Singh

Phone: +91 9582319395

Email: ajeetsingh4248@gmail.com

Disclaimer

All loans are offered by banks and NBFCs and are subject to their final approval. We act as a channel partner and do not provide loans directly. Terms, rates, and eligibility are determined by the lender.