A home renovation loan is a loan that can be applied if you want to redesign your home and give it a new look. Home renovation loans at FlexSalary are unsecured, which means you need not submit any collateral. It is very easy to apply for a home renovation loan online with FlexSalary and give your home a new look.
FlexSalary is a loan offering from Vivifi India Finance Private Limited, a non-banking finance company (NBFC) registered with the Reserve Bank of India (RBI).
Home Renovation Loan In India: Features & Benefits
FlexSalary offers home renovation loans for salaried professionals only. You can check your loan eligibility with us and apply for a loan immediately.
Below are some of the features and benefits of a FlexSalary home renovation loan:
Non-collateral loan
FlexSalary offers a home renovation loan in India, and it is unsecured. So, you don’t have to submit your assets as a security to get the loan.
One-time application and one-time approval
Apply once, use the credit, repay and use it again, just like a credit card.
Minimum documentation
You are required to submit only a few mandatory documents for the approval of your loan. Unlike other lenders, we do not have a heavy documentation process.
Flexible loan repayment
You can pay the minimum monthly amount if you are unable to pay your full EMI.
Get instant cash
The application process is completely online. Your approved funds will be disbursed into your account on the same day you have applied.
Home Renovation Loan In India: Eligibility
You can get a loan if you meet our simple home renovation loan eligibility criteria.
| Citizen | Must be an Indian citizen |
| Age | Minimum eligible age is 21 years |
| Occupation | Should be a salaried individual |
| Income | Income should be at least INR 8,000 |
Documents Required to Apply for a Home Renovation Loan In India
- PAN card
- Identity proof
- Income proof
- Residential proof
- Passport size photographs
Loan Amount
You can apply and get a home renovation loan in 1 hour from FlexSalary. Apply for as minimum as INR 4,000 to a maximum of INR 2,00,000.
Loan Tenure
For a FlexSalary loan, the tenure is up to 3 years (Open-ended).
How to Apply for a Home Renovation Loan in India at FlexSalary?
We have a simple 3-step loan application process to get home renovation loan approval online.
Visit our website at www.flexsalary.com.To start your application process, click on “Apply Now” and create your account with FlexSalary.
Fill all the requested details in the online loan application form.
Either select Net Banking or upload the requested documents and click “Submit”.
After submitting your application, the loan approval process begins. If you are approved, then funds will be disbursed into your account instantly.
So, getting a home renovation loan can help you meet your home-related needs. Apply for a home renovation loan online with FlexSalary now and redesign your home. You can also apply for a loan through our app by simply downloading it from the App Store or the Play Store.
Frequently Asked Questions
- Be an Indian citizen
- Be 21 years or more
- Be a salaried individual
- Should get a monthly income of INR 8000 or more
You can repay your loan in the form of EMIs (Equated Monthly Installments). You can pay the minimum amount when you do not have sufficient funds to pay your monthly EMIs.
Some of the noteworthy features of a FlexSalary loan includes a one-time application, one-time approval, open-ended loan, cash loan disbursal and flexible repayments.
FlexSalary App is India's first app-based credit line. With FlexSalary, salaried professionals can get cash home renovationly to cover all their emergency needs.
