PERSONAL LOAN BY PURPOSE

Home Renovation Loan — Upgrade & Remodel Your Home

Upgrade your living space with modular kitchen remodels, painting, flooring, or complete home interiors. Higher amounts, faster approvals, and flexible repayment options to meet all your financial needs.

Calculate EMI

Get Expert Assistance

Prefer personal assistance for your home renovation loan? Request a callback and our loan specialist will guide you through documentation and approval.

OVERVIEW

Home Renovation Loan — Overview & Key Details

Review how the facility works and plan your application with complete clarity.

Upgrade your living space with modular kitchen remodels, painting, flooring, or complete home interiors.

EASYCRED Personal Loan is designed to help you achieve your goals with minimal hassle. Whether it's a wedding, home renovation, medical emergency, or debt consolidation — we've got you covered.

With a network of 20+ leading banks and NBFCs, we compare offers in real-time to get you the best interest rates and fastest approvals. No collateral required, no branch visits — 100% digital process.

100% Paperless Digital KYC

Transparent Key Fact Statement (KFS)

Direct Bank Account Disbursal

EMI CALCULATOR

Calculate Your Home Renovation Loan EMI

Adjust the sliders to see your estimated monthly EMI instantly.

Loan Amount₹4,00,000

₹50,000₹35,00,000

Interest Rate (p.a.)12%

9.9%24%

Loan Tenure3 years

1 yr5 yrs

Your Monthly EMI

₹13.3K

for 36 months at 12% p.a.

Principal (84%) Interest (16%)

Total Payment₹4,78,286

Total Interest₹78,286

Principal₹4,00,000

Tenure36 months

WHY EASYCRED

Why Choose EASYCRED for Home Renovation Loan

Compare personalized credit offers from RBI-regulated lending partners through one seamless digital application.

Bank & NBFC Partners

Access to 20+ leading banks and NBFCs for the best interest rates and terms.

24-Hour Approval

Get loan approval within 24 hours with minimal documentation and quick processing.

Higher Loan Amounts

Personal loans up to ₹35 Lakhs to meet your substantial financial needs.

Competitive Rates

Interest rates starting from 9.9% per annum with transparent pricing and no hidden charges.

REQUIREMENTS

Eligibility Criteria & Required Documents

Transparent requirements designed for 100% paperless verification.

Eligibility Criteria

Age21 to 58 years (at loan maturity)

EmploymentSalaried professionals

Monthly IncomeMinimum ₹18,000 net monthly income

Credit ScoreMinimum 700 CIBIL score required

Work ExperienceMinimum 1 year total, 6 months at current employer

ResidenceIndian citizen or resident with valid address proof

Required Documents

PAN Card
Aadhaar Card
Passport or Voter ID (Optional)
Utility bill or rent agreement (address proof)
Latest 3 months salary slips
Form 16 or ITR for last 2 years
Employment/offer letter
Bank statement (last 6 months)
Existing loan statements (if any)

FAQS

Frequently Asked Questions

Everything you need to know about eligibility, terms, and digital disbursal on EASYCRED.

You can get a personal loan up to ₹35 Lakhs based on your income, credit score, and existing financial obligations.

Loan approval typically happens within 24 hours of application. Disbursal to your bank account takes an additional 24–48 hours after approval and document verification. In total, you can expect funds within 2–3 business days.

No, personal loans through EASYCRED are completely unsecured. You don't need to pledge any property, gold, or other assets as collateral.

Yes, most lenders allow prepayment after a lock-in period of 3–6 months. Prepayment charges typically range from 2%–4% of the outstanding principal. Some lenders offer zero prepayment charges after 12 months.

Missing an EMI attracts a late payment fee (typically ₹500–₹1,000 + GST) and negatively impacts your CIBIL score. If you anticipate difficulty, contact EASYCRED support — we can often help negotiate a restructured repayment plan with your lender.

Yes, self-employed individuals can apply with ITR for the last 2 years, business proof, and bank statements for 12 months. Interest rates for self-employed applicants may be slightly higher than salaried professionals.

No. EASYCRED uses a soft-check system that does not impact your CIBIL score. A hard inquiry is only triggered when you formally apply with a specific lender after reviewing your offers.

Home Renovation Loan — Upgrade & Remodel Your Home

Home Renovation Loan — Overview & Key Details

Calculate Your Home Renovation Loan EMI

Why Choose EASYCRED for Home Renovation Loan

Eligibility Criteria & Required Documents

Frequently Asked Questions

What is the maximum personal loan amount I can get?

How fast is the loan approval and disbursal?

Is collateral or security required?

Can I prepay or foreclose the loan?

What happens if I miss an EMI payment?

Can self-employed individuals apply?

Does checking eligibility affect my credit score?

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