Home Renovation Loan


Change the way you live by adding a new look to your home. You must be having renovation plans already in your mind, but got stuck up at the financial planning on how to adjust the budget? Loan for home improvement is the easiest way to get quick funds and a makeover of your home in a short time span.

Features & Benefits of Qbera

  1. Quick disbursal: Loan for home renovation proves to be a boon because of its quick disbursal. It only takes max 120 hours (i.e. just 3 to 5 days) to get the funds credited in your account and you can start with the remodeling of your home.
  2. Tailor-made options: Get access to innumerable options of home renovation loans tailor-made to fit your needs with multiple repayment alternatives.
  3. No Collateral: Don’t worry! You don’t have to put up any property or a car to avail a personal loan for home improvement.
  4. Hassle free processing: As soon as you find yourself eligible for home renovation loan, it only takes few documents like your payslips, bank statements and address proof which can be easily uploaded online and a customer care representative takes over from there.

Eligibility Criteria of Home Improvement Loans

  1. You can easily apply for a home renovation loan if your age is between 23 and 55.
  2. Either salaried or self employed, your minimum wage should be Rs. 20,000.
  3. Your CIBIL score or the credit score should be at least 625.
  4. You should have the valid documents to support your residence, income and your identity.

Documents Required for Home Renovation Loan:

  1. Bank Statement
  2. Income proof
  3. PAN Card
  4. Aadhar Card
  5. Address Proof
  6. One photograph
  7. 3 cancelled cheques

How to Apply on Home Improvement Loan:

  1. Know your need: We know that you have endless imaginations for your dream home but knowing the right modifications at right time will help you bag the best personal loan for home improvement.
  2. The apt loan: Loans can be secured, unsecured, fixed rate, for bad credit, you need to choose the right loan that best suits your need for the modification or renovation of your home.
  3. Check what’s on the plate for you: A loan for home renovation may have different eligibility criteria and documentation compared to other loans. Select the right one that fulfils your dream home modification.
  4. Check Eligibility: Test your eligibility for application which is now easily done online within few seconds with our EMI Calculator.
  5. Gather the documents: Collect the documents like your income proof, bank statement, address proof, ID proof as required by the lender.
  6. Submit your application: As soon as you are done with the selection of the right loan for your home renovation, you are all set to apply. Don’t worry, you do not need to mail or send an application form to the lender, just click on the “Apply” button available on the lender’s website after you upload all the necessary documents.

Home Improvement Loan Interest Rates:

Interest rate of Personal loan for home renovation is always competitive as per the ones offered in the market and it ranges between 14-24%.

Fees & Charges on Home Renovation Loan:

The processing fee ranges between 2-3% and other charges like late payment charges, payment fees, special service request charges are based on the RBL norms.

Clarify your doubts on Personal Loan for Home Renovation:

  1. What is the loan amount that I can take?
    You can avail a loan amount starting from Rs. 50,000 to Rs. 7,50,000
  2. What is the minimum income I need to have to apply for a home renovation loan?
    You should earn at least Rs. 20,000 a month to avail a loan for home renovation.
  3. What is the interest rate charged for home renovation loan?
    The interest rate for home renovation loan ranges between 14-24%.
  4. How do I repay the home improvement loan?
    There are multiple repayment options available as per your comfort up to 3 years so that you are not burdened with huge amount on a monthly basis.
  5. What is the processing fee for home renovation loan?
    The processing fee for home renovation loan is very negligible and ranges between 2-4%.


We are a Bangalore-based company offering digital, quick, hassle-free personal loans to people when they need them.

Loan amounts range from Rs.50,000 to Rs.7,50,000. APR ranges from 14% to 24%. Loan lengths range from 12 to 48 months. Administration fee ranges from 2% to 4%.

* Subject to Risk Profile

E-mail: contact@qbera.com
Phone: 1800 4198 121
Whatsapp:+91 89719 28484
1st Floor, Wolfpack Workspaces,
#39, 8th Main Road,
Vasanth Nagar.
Bangalore 560 052

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