Home Renovation Loan
Renovation loans fund repairs and upgrades on a home you own. Terms differ by lender.
Key Fact Statement: MudraHub does not set loan terms. The lending partner provides its Key Fact Statement (APR, all fees, tenure, repayment schedule, cooling-off and grievance details) before you accept any loan. Figures on this page are illustrative or indicative and are not an offer.
What to check
- Get contractor quotes first
- Check whether the loan is secured
- Compare with a top-up on an existing loan
Illustrative EMI
| Loan / tenure | Illustrative EMI at 10% p.a. |
|---|---|
| ₹3,00,000 (5 yrs) | ₹6,374 |
| ₹5,00,000 (5 yrs) | ₹10,624 |
| ₹10,00,000 (7 yrs) | ₹16,601 |
Illustration only. Your actual rate, fees and EMI are set by the lender.
Related: Home Loan Overview Home Loan Interest Rates Calculators