Home Renovation Loan

Personal Loan for Home Renovation by Tata Capital

Do you want to elevate your house and add a touch of your personality and style? Revamp your house conveniently with our House Renovation Loan. Whether you want to renovate your living room or give a modern look to your bathroom, Tata Capital's multipurpose loan will fit all your requirements. From restyling interiors to basic repair and maintenance, our loan for renovation is just what you need. Create a home you deserve to live in. We’re here to help you.

Disclaimer: Personal Loans are at the sole discretion of Tata Capital Limited (TCL). Terms and conditions apply.

Loan Amount

₹ 40,000 - ₹ 35,00,000

Loan tenure

Upto 6 years

Interest rate starting @

11.99% p.a

View Rates & Charges

Advantages of Personal Loan for Home Renovation

Maximum Loan Eligibility

Don’t confine yourself to less. We offer greater eligibility for you to turn your house into your home.

One-stop Shop for all things Home Renovation

You can use your loan for multiple reasons, right from repairs and renovations to the structure of the home. Our House Renovation Loan acts as a catalyst for helping you make your home a more comfortable living space.

Flexible Repayment Options

We make renovating your home very easy. With our House Renovation Loan, you have the power to decide how you want to repay your monthly EMI based on your convenience and comfort.

No Collateral

You don’t need to provide any collateral or security to apply for the Home Renovation Loan.

Eligibility Criteria for getting a personal loan for Home renovation

Like all loans, home renovation loans have certain eligibility requirements to help lenders have a surety that they will receive loan payments on time. But with Tata Capital, you don’t need to worry about them. That’s because we ensure our eligibility criteria are easy to meet, making it even easier to apply for our loans. Here’s a preview of what our eligibility requirements look like.

Home renovation loan eligibility criteria

Your age must be between 21 and 58 years

You must have at least two years of work experience

You must be earning a minimum salary of at least 15,000 per month

Not sure if you meet our eligibility requirements? Use our personal loan eligibility calculator to find out your eligibility. Enter your monthly income, employer name, loan tenure and monthly expenses, and we’ll tell you the maximum loan amount you can qualify for based on them.

Note that we will verify your loan eligibility during the loan application process by checking your documents. So, make sure you provide all the necessary copies and that they are up-to-date. Here’s a list of documents we check for your convenience.

Photo identity proof - This can be your voter ID, passport, driving licence, Aadhaar card

Address proof - This can be the same documents as your photo identity proof, such as your voter ID and passport.

Salary slips - You need to submit salary slips for the last two months

Income proof - You need to submit your salary credit or your bank statements for the previous latest 3 months.

Employment certificate - This certificate must show that you have at least one year of continuous employment

You’ll notice that our document requirements aren’t extensive. This is because we want to make the loan application process less stressful for you. Besides, the minimal documentation also means quicker loan verifications and approvals.

Now, despite the easy-to-meet eligibility requirements and minimal documentation, you might face issues when applying for loans from time to time. But should you get stuck at any step during the application process, you can get in touch with us. You can contact our customer care team for assistance with any issues through our number, 1860 267 6060, or via email at customercare@tatacapital.com.

5 Reasons why we are the right fit for you and your home

Tata Capital a name you can trust

With the customers’ individual desires and needs in mind, our team at Tata Capital guides you at every step of the House Renovation Loan and offers specific financial solutions.

We’re flexible

We let you choose the loan amount, tenure and EMI options for which you need the loan.

We're not going to make you run around

We only ask for minimal documentation when you apply for a loan for renovation. We just need some mandatory information like the source of your income and the purpose of the loan to process your application.

We provide tailor-made loans

Our personalised approach gives us the edge and has left countless of our customers satisfied. We understand that one size doesn’t fit all.

We’ve been in the industry for a long time

This means we understand your needs and we will tailor our services to your home repair loan needs. If you look good, we look good.

How to Get Home Renovation Loan from Tata Capital?

Do you have plans to revamp your home? You can easily apply for a personal loan for house renovation online or offline.

To apply for a personal loan for house renovation, you need to fill out an application form and submit it along with the required documents. Our experts will verify the documents and information you provide. Upon successful verification, your request will be approved and the loan amount will be disbursed to your bank account.

How to apply for a home improvement loan online?

You can easily apply for home improvement loan with Tata Capital through our website. Just fill out the form and upload the required documents. Now wait for the verification and approval of your personal loan for renovation. Once approved, you will receive the loan amount directly in your bank account.

How to apply for a home improvement loan offline?

To apply for home improvement loan offline, visit your nearest Tata Capital branch.

Payment Options

Pay Online: Pay your EMI using our website or mobile anytime, anywhere.
Drop A Cheque: Select a nearby branch to drop a cheque at your convenience.

FAQs on Personal Loan for Home Renovation

At Tata Capital, we offer home improvement loans with loan amounts starting at Rs 75,000 and going up to Rs 35,00,000. We also provide flexible tenures ranging from 12 to 72 months.

So, whether you’re planning to revamp your personal space or renovate your outdoor patio, a Tata Capital loan can help you meet the expense effectively and efficiently.

The best part about a Tata Capital home improvement loan is that it's unsecured. You don’t need to provide any collateral or security to apply for the loan.

So, whether you want to revamp your living room, remodel your bathroom or spruce up your outdoor patio, your dream home is just one collateral-free loan away!

If that’s not all, Tata Capital’s flexible repayment options allow you to choose a convenient and comfortable repayment plan as well.

With minimal paperwork, maximum eligibility, and 100% online application, our loan approval process is easy, smooth and fast. After you complete the application form and upload the documents, we will verify and approve the loan within weeks.

And once your home improvement loan is approved, you will receive the loan amount directly in your bank account.

Yes, home renovation loans offer tax benefits. Under Section 24 of the Income Tax Act 1961, you can claim up to Rs 30,000 in tax benefits annually.

As per provisions under the Act, a total deduction of Rs 2 lakhs can be claimed on house-related loans. This includes both the purchase and refurbishment of the home.

And out of the Rs 2 lakhs specified, you can avail of a tax deduction of up to Rs. 30,000 on home improvement loans. Apart from this, applying for a home renovation loan from Tata Capital also has other benefits. These include,

Competitive interest rate
Flexible repayment options
Quick and fast approvals
Multiple end uses of the loan

Yes, you can use your home improvement loan for structural changes as well as additions to your property.

You can use your loan for multiple reasons, including repairs and renovations to the structure of the home, restyling your interiors, basic repairs, maintenance and the like. Not only that but with Tata Capital, you also benefit from,

Competitive interest rate
Flexible repayment options
Quick and fast approvals
Multiple end uses of the loan

With Tata Capital, you can get a home loan top-up to pay for expenses like buying furnishings, expanding or renovating, or even revamping the interiors of your home. So, if you find your initial loan amount constraining, you can access additional funds.

Yes, you can use a personal loan for house renovations even if you do not own the property. With Tata Capital, you receive the loan amount directly into your bank account without any hassle. Apart from this, you also benefit from,

Competitive interest rate
Quick and fast approvals
Loan covers the purchase of multiple end uses

You can easily get a home renovation loan for your property, be it your primary home, second home or your vacation property.

For a smooth application, make sure you meet the following Tata Capital eligibility criteria.

#1 You should be in the age group of 21- 58 years

#2 You should have at least two years of work experience

#3 You should earn a minimum salary of ₹ 15,000 per month.

Being an NRI, you can get a home improvement loan, provided you fulfil all the eligibility criteria. With our fast approval process and flexible repayment option, giving your house the homely feeling becomes easier.

Yes, you can, as long as the property you want to renovate is owned by you. For a smooth application process, make sure you meet the following eligibility criteria.

#1 You should be in the age group of 21- 58 years

#2 You should have at least two years of work experience

#3 You should earn a minimum salary of ₹ 15,000 per month.

After you have applied for the loan, our team will verify the documents and approve your loan in a fast and hassle-free manner!

Yes, you can apply for a home improvement loan even if you have a low credit score. However, since your credit score indicates your ability to repay the loan, a low score can reduce your chances of loan approval.

Generally, a credit score of 750 and above is considered good.

And while a good credit score improves your chances of getting a loan, Tata Capital takes into account other factors as well. This includes your age, work experience, and monthly income.

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What our customers say about us

Everything was good, including communication and call service.

karuneshwar tiwari

Personal Loan | 23 Feb, 2025

Absolutely fantastic, helpful, and so kind towards customers.

PRASHANT KUMAR SINHA

Personal Loan | 13 Feb, 2025

Absolutely perfect service from Tata Capital.

Mistry Shivam

Personal Loan | 12 Feb, 2025

Excellent service—keep maintaining it

ANURAG PANDEY

Personal Loan | 05 Feb, 2025

I am satisfied with your services and I recommend my friend, if they need financial help, to go with Tata Capital.

MANISH KUMAR

Personal Loan | 19 Jan, 2025

Thanks for the service. It was quick, and I received immediate resolution to my query. Extremely happy with the Tata Capital loan service.

CHANDRA MOHAN MOHAN BANDLA

Personal Loan | 18 Jan, 2025

Tata Capital's service is very good. We recommend them for their fast loan process. Thank you.

RAJ KUMAR

Personal Loan | 17 Jan, 2025

Best financial sector. Good quality of Tata Capital: 1) Good service 2) Customer care response is very good 3) Loan process is quick. Totally a very good service. A lifetime memory. I will always remember their service. Very helpful to people. Thank you very much to the entire team.

VEENA S

Personal Loan | 16 Jan, 2025

It was a great experience with loans from Tata Capital. Their employee's behavior was very good. I am highly satisfied with their loan services.

DIPANKAR SARKAR

Personal Loan | 14 Jan, 2025

Read All

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Home Renovation Loan

Personal Loan for Home Renovation by Tata Capital

Advantages of Personal Loan for Home Renovation

Maximum Loan Eligibility

One-stop Shop for all things Home Renovation

Flexible Repayment Options

No Collateral

Eligibility Criteria for getting a personal loan for Home renovation

Home renovation loan eligibility criteria

5 Reasons why we are the right fit for you and your home

Tata Capital a name you can trust

We’re flexible

We're not going to make you run around

We provide tailor-made loans

We’ve been in the industry for a long time

How to Get Home Renovation Loan from Tata Capital?

How to apply for a home improvement loan online?

How to apply for a home improvement loan offline?

Payment Options

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FAQs on Personal Loan for Home Renovation

How much funding can I get through a home renovation loan?

Do I need to provide collateral or security for a home improvement loan?

How long does it take to get approval for a Tata Capital home renovation loan?

Are there any tax benefits associated with a home improvement loan?

Can I use a home renovation loan for structural changes or additions to my property?

Can I get a top-up loan on an existing home loan for renovation purposes?

If the property is not owned by me, can I still use a personal loan for house renovations?

Can I get a home renovation loan for a second home or vacation property?

Can I apply for a home renovation loan if I am a non-resident Indian (NRI)?

Can I apply for a home renovation loan if I am already living in a rented property?

Can I apply for a home renovation loan if I have a low credit score?

More Personal Loan products for you

Personal Loan for government employees

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What our customers say about us

karuneshwar tiwari

PRASHANT KUMAR SINHA

Mistry Shivam

ANURAG PANDEY

MANISH KUMAR

CHANDRA MOHAN MOHAN BANDLA

RAJ KUMAR

VEENA S

DIPANKAR SARKAR

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