Renovation Loan

A renovation loan from Godrej Capital is an unsecured personal loan designed to fund every part of your home improvement project. Borrow up to ₹30 lakh with interest rates starting at 10.25% p.a. and repay over a flexible tenure of 12 to 84 months. There is no collateral to pledge and no need to mortgage your property. Use the funds across interiors, repairs, extensions and furnishings, all from a single loan.

A home renovation loan is an unsecured personal loan used to fund repairs, upgrades or remodelling of an existing home. It does not require you to pledge or mortgage your property, which means faster approval and less paperwork. This makes it well-suited to mid-size projects, from cosmetic updates to structural repairs. You repay the amount in fixed EMIs over a tenure that fits your budget. Loan approval is determined by your income and credit profile, not by property ownership, so you can apply for the renovation loan whether you own or rent your home.

A renovation loan covers the full range of home improvement work, including:

• Kitchen remodelling of cabinets, countertops, appliances and plumbing
• Bathroom renovation including fixtures, tiling and waterproofing
• Flooring, such as marble, tiles, wooden or vinyl replacement
• Interior and exterior painting
• Electrical rewiring and fitting upgrades
• Plumbing repairs and waterproofing
• False ceilings, modular furniture and interior design
• Home extension, such as adding a room or a floor
• Roof and structural repairs
• Solar panel installation and smart home upgrades

Godrej Capital offers home improvement financing built around convenience and clarity:

• Competitive interest rates starting at 10.25% p.a., helping you keep EMIs affordable
• A high loan amount of up to ₹30 lakh to cover projects of every scale
• Flexible repayment tenure from 12 to 84 months
• A quick, fully digital application that you can complete from home quickly and easily
• Minimal documentation, with digital upload and verification
• No end-use restriction, so you can spend on any renovation need

All applicable charges are shared with you before you apply, so there are no surprises later.

Before applying, it is beneficial to understand your potential EMI. Input your loan amount, tenure and interest rate into the Personal Loan EMI Calculator to instantly view your EMI, total interest payable and total amount payable.Opting for a longer loan term can lead to lower monthly payments, providing valuable financial flexibility as you adjust to your new home. On the other hand, a shorter loan duration allows you to save on overall interest costs. Finding the right repayment plan that syncs with your monthly affordability and long-term financial goals is key to a successful journey.

Applying for a renovation loan is fast and fully digital:

1. Visit our official website and click on “Apply for Renovation Loan.”
2. Provide your personal and employment details.
3. Upload the necessary documents online.
4. Receive an instant eligibility check along with a loan offer.
5. Accept the offer and have the funds transferred to your bank account.