Everyone desire to have a own home and keep it beautiful. To renovate your home many Banks & NBFCS are offering a special Home Loan called Home Renovation/ Improvement Loan.
Using Home Renovation Loan you can beautify your home as home buying. You can renovate your existing home to a modern living space for your family. You can use this loan amount for any house/flat repairs, buying new furniture, home decoratives, electronic gadgets, sofas, and many more.
Yes, it is time to upgrade your home to Modern Living. Call us now at 888 666 5883
Interest Rates
| Bank | Interest Rates | Processing Fee |
|---|---|---|
| ICICI Bank | 6.95% | 0.25% Min Rs. 5,000 – Max Rs. 5,000 |
| HDFC | 6.95% | 0.25% Min Rs. 3,000 – Max Rs. 10,000 |
| SBI | 6.95% | 0.20% Min Rs. 4,000 – Max Rs. 17,400 |
| Citibank | 7.20% | |
| Axis Bank | 7.10% | 0.20% Min Rs. 5,000 – Max Rs. 25,000 |
Documents Required:
ID & Address Proof (Any One Required)
- PAN card
- Valid Passport
- Voter ID card
- Driving license
- Aadhar Card
Residence Proof (Any One Required)
- Utility Bill: Electricity, Telephone, Postpaid mobile, water bill etc.
- Ration card
- Letter from employer
- Bank statement /copy of Pass book reflecting address
- Valid Rent Agreement
- Sale Deed
Salaried Individuals (Financial Documents)
- Salary slips for the last 2 months or salary certificate*
- Cash Salary – Income details on Company Letterhead
- Copy of bank statements for the past 3 months (salary account)
Self-Employed Professional (Financial Documents)
- Certificate of qualification for professionals: CA, Doctors or Architects
- Copy of last two years’ income tax returns, along with computation of income
- Copy of last two years’ P/L account with all schedules and audited balance sheet, wherever applicable.
- VAT or Service Tax returns or TDS Certificate
- Bank statement for the last 6 months (Savings account, current account, and O/D account)
Self-Employed Non Professionals(Financial Documents)
- Copy of your last two years’ income tax returns, along with computation of income
- Copy of last two years’ P/L account with all schedules and audited balance sheet, wherever applicable
- VAT or Service Tax returns or TDS Certificate
- Bank statement for the last 6 months (Savings account, current account or an O/D account)
Property Documents
- Allotment letter from builder
- Agreement of Sale
- Registration and stamp duty receipt
- Index- ii
- NOC from builder
- Own Contribution Receipt (OCR )
- All builder linked documents (Applicable for cases which are not approved or previously not funded by DHFL)
- Development Agreement
- Tripartite Agreement
- Partnership Deed
- Sale Deed
- Title Search Report
- NA order