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How much can I borrow for a home renovation loan (In India)?

Curious about Home Renovation Loan

How much can I borrow for a home renovation loan (In India)?

The amount you can borrow for a home renovation loan depends on various factors, including the lender's policies, your income, credit history, and the estimated cost of the renovation project. Typically, lenders offer home renovation loans that cover a percentage of the project cost, ranging from 70% to 90%. However, the maximum loan amount can also be subject to a cap set by the lender. It is advisable to check with different lenders to compare their loan offerings and determine the maximum loan amount you are eligible for.

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