Renovation Loan

Home Renovation Loan, also known as Home Improvement Loan, is offered to consumers seeking finance for upgrading, refurbishing or repairing their house property. Both existing home loan borrowers and new customers avail home renovation loans. Most banks, non-banking financial companies (NBFCs) and housing financial companies (HFCs) provide this facility either through their regular home loan product or as a separate offering within the broader category of home loans.