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About Home Renovation Loan

At India Shelter, our Home Renovation loans are tailored to empower you with the financial flexibilityneeded to turn your house into the dream home you've always desired. Whether you're looking torevamp your living space, enhance functionality, or increase your home's value, you've come to the rightplace.

Loan amount between INR 5 Lakhs to INR 50 Lakhs

Loan amount between INR 5 Lakhs to INR 50 Lakhs

Attractive Home Renovation Loan Interest Rates

Assistance on phone

Quick and hassle-free home renovation loan processing

Expert guidance on your loan queries

Transparent and customer-centric approach

ITR not mandatory

Features of Home Renovation Loan

Advantages of various features of Indian Shelter Home Renovation Loan

Home Renovation Loan Features | India Shelter
Get Home Renovated with Home Improvement Loan by India Shelter

Affordable Interest Rates

Competitive and affordable interest rates to make home ownership more accessible.

Get Home Renovated with Home Improvement Loan by India Shelter

Quick Loan Approval

Expedited loan approval processes to ensure a swift turnaround time and quick access to funds.

Get Home Renovated with Home Improvement Loan by India Shelter

Customer Support

Dedicated customer support to address queries and provide assistance throughout the loan tenure.

Get Home Renovated with Home Improvement Loan by India Shelter

Balance Transfer Facility

Provision for balance transfer, allowing borrowers to shift their existing home loan from another financial institution to India Shelter Finance Corporation for better terms.

Loan Eligibility for Home Renovation Loan

*For full KYC, kindly visit the nearest India Shelter branch.
*Ensure all documents are valid and not past their expiry date (in the case of Driving License and Passport).

Who Can Apply for Home Renovation Loan

Property Ownership
The applicant should be the owner of the property that needs to be renovated.
Property Value
The property's value should meet the lender's specified minimum value requirement for Home Renovation Loan
Age
The minimum age of the applicant should be 18 years, and the maximum age should not exceed 70 years at the start of loan.
Income
The applicant should have a stable source of income to repay the loan.
Credit Score
The loan amount available depends on the borrower's eligibility and credit score. Higher eligibility and credit scores result in a higher loan amount. Additionally, customers with a credit score of (-1) are also eligible for funding.

Documents Required for Home Renovation Loan

Identity proof for Salaried People
PAN Card is mandatory, and any one of these:
  • Passport
  • Voter ID
  • Aadhar Card
  • Driving License
Address Proof for Salaried People
  • Passport
  • Voter ID
  • Aadhar Card
  • Electricity bill/ water bill/ telephone bill
  • Driving License
Proof Of Income for Salaried People
  • Salary Slips/Bank Statement/Form 16
  • Salary Certificate
Other Documents for Salaried People
  • Signed Application Form with Picture
  • Cheque For Processing Fee
  • Bank Statement of Last 6 Months
Property Documents for Salaried People
  • Title Deeds of the Property
  • Proof of No Encumbrances on the property
Identity proof For self-employed people
Your PAN Card is mandatory, and any one of these:
  • Passport
  • Voter ID
  • Aadhar Card
  • Driving License
Address Proof For self-employed people
  • Passport
  • Voter ID
  • Aadhar Card
  • Electricity bill/ water bill/ telephone bill
  • Driving License
Proof Of Income For self-employed people
  • IT Returns and/or Financial Statements of last 3 years And/or
  • Informal Income Documents
Other Documents For self-employed people
  • Signed Application Form with Picture
  • Cheque For Processing Fee
  • Proof of business existence
Property Documents For self-employed people
  • Title Deeds of the Property
  • Proof of No Encumbrances on the property

Reviews and Ratings

Authentic experiences through the voices of our valued customers

“

Som Singh

Zirakpur

Get Home Renovated with Home Improvement Loan by India Shelter

After transferring our loan to India Shelter, we experienced a significant improvement in our loan servicing experience. Unlike our previous lender, India Shelter provided reliable service and addressed our needs promptly. We are grateful for the excellent service and support provided by the team at India Shelter.

“

Suraj Kumar

Sonipat

Get Home Renovated with Home Improvement Loan by India Shelter

After facing disappointment with the tedious loan approval process at various banks, India Shelter provided a ray of hope for my family's dream of owning a home. Their efficient staff assisted us in securing a loan with minimal paperwork, allowing us to fulfill our long-standing aspiration. Thanks to India Shelter, we are now proud homeowners, and we couldn't be happier.

“

Sanjay Prakash

Zirakpur

Get Home Renovated with Home Improvement Loan by India Shelter

I've been living in Banore for over a decade. A few years back, I purchased a piece of land here, but building a home on it was a distant dream due to financial challenges and increasing living expenses. That's when I learned about India Shelter. They not only understood my situation but also provided a hassle-free loan process. Today, I'm incredibly proud to be a homeowner, thanks to their support.

FAQs

What is the Home Renovation Loans?

Home Renovation Loan by India Shelter is a specialized financial product designed to assist individuals in India with funding for home renovations & renovations.

How does Home Renovation Loan work?

This loan involves borrowing a predetermined amount with a specified interest rate. Repayment occurs through regular installments over an agreed-upon period. The loan may be secured or unsecured, depending on your eligibility and preferences.

What can I use Home Renovation Loan for?

Home Renovation loan is intended for a range of home renovation purposes, including but not limited to repairs, renovations, extensions, and upgrades. Ensure to check the specific guidelines provided by India Shelter for the eligible projects.

What are the eligibility criteria for a Home Renovation Loan?

Eligibility factors for Home Renovation loan typically include your credit score, income, property ownership, and the nature of the proposed renovations.

How can I apply for a Home Renovation Loan?

The application process usually involves submitting necessary documentation, including proof of income, property ownership, and details of the planned renovations. Check our website: https://www.indiashelter.in/ for a detailed application procedure.

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