Uploaded on Jan 20, 2021
Home Improvement Loans are secured loans taken against the mortgage of your property which can be used for a variety of reasons including remodeling, renovating, updating, or making repairs to your home. Apart from major work that needs to be done in a house, these loans can also be taken to help you furnish your house and pay for things like bathroom fittings, fans, furniture, etc. If you are planning to renovate your home or thinking of revamping it, there is no need to haul it due to an insufficient budget. All you need to do is apply for a home improvement loan and give your home a brand new makeover! Don’t know what a home improvement loan is?
Things To Know About Home Improvement Loan
Benefits of
Home
Improvement
Loan
Goel Ganga Developments Pune
If you are planning to renovate your home or
thinking of revamping it, there is no need to haul
it due to an insufficient budget. All you need to do
is apply for a home improvement loan and give
your home a brand new makeover! Don’t know
what a home improvement loan is?
01.
Tax Benefit
You will get a deduction of a
certain amount under
Section 24 for the interest
that you will pay on these
loans, thus reducing your
overall cost of borrowing.
02.
Low-interest rate
A home improvement loan is usually
available at the same rates as a home
loan, making it an attractive financial
option as it is secured against your
home-ownership.
03.
Minimum Documentation
Home improvement loans
comprise relatively simple
documentation when compared to
other modes of financing. All you
require is basic documentation
like identity or income proof,
photographs, a property title
deed, etc.
04. Flexibility Home improvement loans can be used for your home renovation
activities including repairs,
flooring replacement, an
extension of your home and
painting, etc.
05. Fast Processing.
Home improvement loans are
processed quickly as the
documentation is minimal
and hassle-free.
06. Eligibility
You can apply for home If your home is jointly owned,
improvement loans all owners of the property have
individually as well as to necessarily apply for the
jointly. home improvement loan.
Address
Show room number S2 To S10, San
Mahu Complex, Opp. Poona Club, 5
Bund Garden Road, Camp, Pune,
411001
Website
https://goelgangadevelopments.co
m/
Phone
(020) 2611 3701 / 02 / 03(020) 6708
2600
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