Home Improvement Loan is a small portion of a loan that the
house owner takes from lenders to renovate their house. It is a loan for those
intending to upgrade or renovate their existing home. With the home improvement
loans, an individual can upgrade their existing home into a contemporary and
comfortable living space.
Shubham provides loan for various purposes such as the
construction of a house, home renovation, home extension. These loans are
similar to a home loan. While a home loan enables you to acquire a house, home
improvement loans are meant for improving or renovating the home that you
already own.
WHY SHOULD YOU OPT FOR A HOME IMPROVEMENT LOAN?
Though there are various ways in which you can fund your
home renovation, Shubham's home improvement loans have a few advantages that
make it attractive. Here's why:
LOWER INTEREST RATES:
While you may avail a personal loan for your home
renovation, the interest on such a loan is much lower than that on a personal
loan. So if you are planning to renovate your house opt for Shubham Home
Improvement Loan.
TAX BENEFIT:
Shubham provides home improvement loan with lots of benefits
than any other banks and fetches you a tax benefit on the interest component.
MINIMAL DOCUMENTATION:
Home improvement loans require relatively simple
documentation when compared to other modes of financing. All you need is
necessary documentation like identity/income proof, photographs, property
documents, etc. If you are an existing customer of the Shubham Housing Finance
Company, then the documentation becomes much simpler.
QUICK PROCESSING:
Home improvement loans are processed quickly as the
documentation is minimal and hassle-free. Therefore you can get your renovation
work started at the earliest without waiting for long for your loan application
to get approved. Read More...
