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House Renovation Loans

A home is usually said to be a reflection of its owner. You can now spruce up your home and make renovation a milestone as memorable and enjoyable as home buying. With HDFC Bank's House Renovation Loans you can upgrade your existing home to a contemporary design and a more comfortable living space.

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Key Features


A home is usually said to be a reflection of its owner. You can now spruce up your home and make renovation a milestone as memorable and enjoyable as home buying. With HDFC Bank's Home Renovation Loans you can upgrade your existing home to a contemporary design and a more comfortable living space.

Loans for enhancing your home in many ways such as tiling and flooring, internal and external plaster and painting etc
Easy and hassle free documentation
Available for both existing and new customers
Simple repayments through monthly instalments

House Renovation Loan Benefits

End to end digital process

Loan approval in 4 simple steps.

Customised Repayment Options

Tailor-made home loans to suit your requirements.

Easy documentation

Apply with minimal documents, save time and effort.

24x7 assistance

Connect with us on Chat, WhatsApp anytime, anywhere!

Online loan account

Login to your account to conveniently manage your loan.

Key Features


A home is usually said to be a reflection of its owner. You can now spruce up your home and make renovation a milestone as memorable and enjoyable as home buying. With HDFC Bank's House Renovation Loans you can upgrade your existing home to a contemporary design and a more comfortable living space.

Loans for enhancing your home in many ways such as tiling and flooring, internal and external plaster and painting etc
Loans at Home Loan interest rates
Easy and hassle free documentation
Available for both existing and new customers
Simple repayments through monthly instalments

House Improvement Loans Eligibility Details



Self-Employed Professional (SEP)

  • Doctor
  • Lawyer
  • Chartered Accountant
  • Architect
  • Consultant
  • Engineer
  • Company Secretary, etc.

Self-Employed Non-Professional (SENP)

  • Trader
  • Commision Agent
  • Contractor etc.



House Renovation Loans Eligibility Details



Primary Applicant

  • Age

    18-70 years

  • Profession

    Salaried / Self Employed

  • Nationality

    Resident Indian

  • Tenure

    Upto 15 years

Co Applicants

  • Higher loan eligibility with an earning co-applicant

House Renovation Loan FAQs

It is a loan for renovating(without altering the structure/carpet area) your home in ways like tiling ,flooring, internal / external plaster and painting etc.

Any person who wishes to carry out renovation in their Apartment/Floor/Row house. Existing home loan customers can also avail a House Renovation Loans.

You can avail a House Renovation Loans for a maximum term of 15 years or till your age of retirement ,whichever is lower.

Interest rates applicable on house renovation loans do not differ from the interest rates of home loans.

House Renovation Loans can only be used to fund the purchase of immovable furnitures and fixtures

Yes. You are eligible for tax benefits on the principal components of your house renovation loan under the Income Tax Act, 1961. As the benefits could vary each year, please do check with our Loan Counselor about the tax benefits which you could avail on your loan.

Security of the loan would generally be security interest on the property being financed by us and / or any other collateral / interim security as may be required by us.

You can take disbursement of the loan once the property has been technically appraised, all legal documentation has been completed and you have invested your own contribution in full.

We will disburse your loan in installments based on the progress of construction/renovation as assessed by HDFC Bank.

You can find a checklist regarding documents required and applicable fees & charges on https://www.hdfc.com/checklist#documents-charges

HDFC Bank Home Improvement Loans Terms & Conditions

Security

Security of the loan would generally be security interest on the property being financed and / or any other collateral / interim security as may be required by HDFC Bank.

Other Conditions

All the information contained herein above is for awareness and customer convenience and is intended to only act as an indicative guide about HDFC Bank’s products and services. For detailed information about HDFC Bank’s products and services kindly visit the nearest HDFC Bank branch.

Click here for the Most Important Terms and Conditions pertaining to your loan.

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