Home Renovation Loan in Gurgaon from Loan Granted is an ideal way to get instant cash and to renovate your house. Home improvement or remodelling is not an easy task. It takes a lot of investment in terms of time and money.
Even if you are planning to undertake a small improvement, it can chew a big part of your savings. So, it is better to take a home renovation loan and style your living abode as per your taste, style and personality.
Loan Granted is a loan offering from Vivifi India Finance Private Limited, a Non-Banking Finance Company (NBFC) registered with the Reserve Bank of India (RBI)*, that offers home renovation loans up to INR 2,00,000.
Home Renovation Loan in Gurgaon: Features and Benefits
Loan Granted gives home renovation loan in 1 day to its existing and pre-approved customers. The home improvement loan is simple, paperless and hassle-free.
Here are some of the features and benefits of applying for an online home renovation loan with Loan Granted.
Features:
- Easy Application for Home Renovation Loans:
- Loan Granted has one-time registration, one-time application and one-time approval features. This eases the loan process for individuals who apply for a second or next loan.
- For the existing borrowers and pre-approved customers, the company offers the credit instantly.
- Fast Verification & Disbursement of Home Renovation Loan for Salaried Professionals:
- The company verifies the eligibility of the applicant quickly and processes the loan application immediately.
- The loan amount is promptly calculated against the salary of the applicant.
- The loan applicants get online home renovation loan approval once their documents are verified.
- The company directly transfers the credit amount into the borrower’s account.
- Flexible Repayment of Home Renovation Loans:
- Loan Granted offers flexible repayment feature to its borrowers. The borrowers can repay the loan amount as per comfort. Yet, the borrower must make the least amount of repayment every month towards the loan.
- The borrowers can either pay the entire loan amount with interest in one go or pay in monthly instalments.
- The borrower selects the loan tenure as per the repaying capability.
Benefits of securing an Online Home Renovation Loan from Loan Granted:
- Quick Cash Availability:
The company instantly transfers the loan amount into the borrower’s account.
- Competitive Rate of Interest:
Loan Granted takes a reasonable interest rate on the home renovation loans. The company charges interest only on the used amount. It does not charge interest on the approved money.
- No Security for Home Renovation Loan:
Loan Granted does not take any security or collateral for extending a loan.
- Flexible Instalments:
The borrowers can either pay back the home renovation credit in small EMIs or the full amount at a time.
- Minimal Documents Required:
Loan Granted does not practice lengthy paperwork to approve a loan. Yet, the applicant must submit all the mandatory documents to get an online home renovation loan approval.
- Access to Credit 24*7/365:
The borrowers need not use the entire approved loan amount at once. They can withdraw and use the amount from the approved loan as needed. The credit can be used from anywhere in Gurgaon and at any time.
- No Hidden Fees Levied:
Loan Granted has clearly stated all the fees involved with its loan processing. There are no hidden charges levied on borrowers.
- No Prepayment Charges:
The company does not levy any prepayment charges in case of foreclosure of the loan. Many lenders take prepayment fees if a borrower prepays the loan amount.
Home Renovation Loan in Gurgaon: Eligibility
Loan Granted gives instant credit to working professionals who fulfil the below home renovation loan eligibility criteria.
- The loan applicant is an Indian citizen.
- The applicant earns a least of INR 8,000.
- The applicant is 21 years old or more.
Documents Required to Apply for Home Renovation Loan in Gurgaon
Loan Granted takes the following documents to confirm a working employees’ identity and reimbursing capability.
- Identity proof – Aadhaar card, Passport, Driving Licence, Voter’s Id, etc.
- Residence proof – Rental Agreement, Electricity Bill, Gas Bill, Telephone Bill, Passport, etc.
- Income proof – Latest Bank Statement, Payslips, etc.,
- Pan Card
- Passport size photographs
Loan Amount
Loan Granted offers a range from INR 500 to INR 2,00,000 in home renovation loans to working individuals. Yet, the loan amount varies based on the eligibility of the applicant.
Salaried employees often apply for an online home renovation loan to revamp their house as per their taste and style.
A home renovation loan from Loan Granted is used to redo a room, buy new furniture, remodel the kitchen, lay new flooring, repair the ceiling or do some other work remodelling work. Still, Loan Granted recommends all its borrowers to use the loan amount wisely and not overspend it.
Loan Tenure
The loan tenure of Loan Granted is up to 3 years. The borrower can select the tenor per convenience.
How to Apply for Home Renovation Loan in Gurgaon
Loan Granted has a simple 3-step online process for home renovation loans.
- Go to the official website of Loan Granted and register as a new user. In the online application form, enter all the mandatory details.
- Submit all the required documents for online verification.
- Once the documents are verified, the approved amount is directly transferred to the borrower’s account.
Home is the most beautiful place in the world. Every few years we make some improvements to make our home warm and welcoming. Sometimes we change the old furniture and at other times we repair our house for proper maintenance. Loan Granted provides a home renovation loan to all its eligible applicants and advises the borrowers to use the money shrewdly. Don’t wait for bonuses or windfalls to make your house a dream home.