Renovating your home can be a costly affair, but a home improvement loan can help you bring all the required changes in time.

With the help of a loan, you can transform your home into a modern living space. Renovating and refurbishing your home involves a considerable expense. So, evaluating your budget is a crucial step to make sure that the cost of renovation meets your current financial goals.

However, banks and NBFCs such as Shubham Housing Development Finance Company offer home improvement loans, which can be up to 80-90% of the estimated cost of repairs. These loans are available at attractive interest rates and repayment options with easy processing and minimal documentation.

At Shubham we provide improvement loans that  give your home just the right makeover it needs with our flexible and affordable home improvement loans as the loans come with a number of benefits, including:

Flexibility to spend:

One of the key benefits of a home improvement loan is the flexibility that it offers to borrowers. You can use the funds for all kinds of repairs – from civil work to carpentry, painting to masonry.

For instance, you can use the funds from a home improvement loan to pay your contractor or use it to purchase necessary equipment for renovation such as cement, tiles, etc.

Competitive rates: Our home renovation loan comes with zero pre-closure charges, minimal processing fees, and attractive interest rates.


Application form must be filled and signed by all co-applicants. Documents required are identity and address proof of co-applicants, proof of income and employment, and stamp size photographs.

Processing fees: The finance company may charge processing fees as a percentage of the loan amount. The cheque for processing fees must be given at the time of applying for the loan. On submission of application, the loan may be sanctioned if found in order, and a repayment term of up to 15 years may be provided for repayment of the loan.

Security:  Security for the loan is generally the security interest on the property financed and or any collateral or interim security as may be required by the financing institution or bank.

So if you are planning to renovate your home for long but restrain yourself due to the high costs of renovation then now you can take the first step towards transforming your home with our home improvement loan. Apply now to get the best interest rates on Shubham’s Home Improvement Loans.

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