Looking for a home renovation loan in Ahmedabad? Qbera is here to help you get one with the easiest application process and extremely quick disbursal. Renovation can be as memorable an experience as buying a new home. More importantly, it is quicker and a deal that’s far better than investing a huge chunk of savings in a new home.
We understand that even renovation of your home would require an initial deposit to the contractor, money for good quality of raw material, and design inputs from an interior designer. Apply for a home improvement loan in Ahmedabad and cover all these expenses to bring your dream home to life.
There are several banks and NBFCs that provide home renovation loans in Ahmedabad, but Qbera is a Fintech lender that offers a great deal of benefits when you get a personal loan for home renovation.
Benefits of a home improvement loan in Ahmedabad through Qbera
Apply online
If you have already ideated the changes you want to make in your home, then the money to accomplish it is just a few clicks away. Sit back at home and apply for a home renovation loan in Ahmedabad through Qbera.com.
Check eligibility & calculate your EMI online
Our online EMI calculator helps you save a great deal of time by allowing you to find out 2 things at a time – your loan eligibility (amount) and your EMI. When you decide to apply for a home renovation loan, login to Qbera.com or click here to find out your EMI.
While you calculate the EMI, you will be asked to provide the values of your net monthly income and current EMIs if you are paying any. By toggling between these two values, Qbera will help you with an estimated loan amount that you would be eligible for.
Low cut-off for credit score
Yes, Qbera does not follow the traditional procedure while underwriting a personal loan for home improvement. We offer instant loans for home improvement in Ahmedabad to those individuals who have a credit score as low as 600. We believe that every salaried individual, even if he/she earns a moderate monthly income of Rs. 20,000 or more, is worthy of unsecured credit.
Low EMIs
EMIs are the first thing we want to find out when we are finalizing on a personal loan. A fixed amount from our salary will be directed towards the monthly payments of the home renovation loan. However, the EMIs offered at Qbera are so low that they don’t disrupt your monthly savings to make other important payments. Our EMIs start at Rs. 2700 per month.
Privacy
The purpose of asking for your personal and employment information while you apply for a home improvement loan in Ahmedabad, is to assess your creditworthiness. We don’t mean to share your personal details with others. We use bank level security to keep your data safe with us.
Check out few ideas on how you would like to use your home renovation loan in Ahmedabad
1. Get a modular kitchen
Give your Mom a surprise by changing the way she cooks those delicious dishes for you every day. A modular kitchen looks much more organized, neat and easy to operate while you are in there. The drawers, shelves and cabinets will be a great help in organizing the storage of her kitchenware items.
2. Get marble floors
This sounds luxurious, but glance through the plethora of flooring options and you’ll surely get an affordable one. A home renovation loan can definitely cover those expenses and help you get a lavish flooring for your home, and entirely change the way it looked.
3. Modify your living room
The idea of modifying your living room can be overwhelming along with being exciting. But a home improvement loan in Ahmedabad from Qbera can help you with the finances. You can consult a designer and style up your living room based on color themes or even by your preferences. Do you prefer a large seating area? Or will you use it for frequent parties? It’s all up to you.
4. Renovate the bathroom
This might not be in your list of priorities. But yes, it makes a significant difference to your daily life. If you search online, there are plenty of bathroom remodeling ideas that can give your bathroom a better look.
Interest rates for home renovation loan in Ahmedabad
The interest rate that we offer at Qbera is a competitive one that falls anywhere between the range of 11.99-24% p.a. The rate of interest depends on various factors such as your income, employer, age etc. We extract information from the details provided by you in the application form, to judge your future repayment capacity and offer the best rate.
1. How is a home renovation loan different from a home loan?
A home renovation loan from Qbera is a personal loan which does not require any collaterals to be submitted as security. Unlike home loan that lasts for 10-20 years, a home renovation loan can be completed within 12-60 months. Moreover, you can do any kind of repair, modification or improvement in your home in a faster and affordable way.
2. What is the minimum income criteria to get a home improvement loan?
At Qbera, it is easier for a middle class salaried individual to get a home renovation loan in Ahmedabad if he earns Rs. 20,000 or more per month.
3. How much amount can I borrow through a personal loan for home renovation in Ahmedabad?
Our loan amount ranges from Rs. 25,000 to Rs. 10 Lacs. We offer financial aid to those salaried individuals in Ahmedabad who need it the most.
4. What is the administrative fee that Qbera will charge on my personal loan?
Qbera charges a minimal fee of 2-4% on a personal loan for home improvement.
5. How much time will I get to repay the loan amount?
With Qbera, you can choose from a flexible loan period from 6 to 60 months, and pay through easy EMIs.
Interest Rate & Other Charges
Interest Rate
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10.99% to 35.99%
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Processing Fee
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1% to 5% of total loan amount
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Loan Amount
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₹1,00,000 to ₹15,00,000
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Loan Tenure
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12 to 60 months
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