Apply for Personal Loan and Use it to Renovate HomeA Personal loan is considered a boon for individuals who require funds urgently. It is a multipurpose product that helps you to support the financial emergency. Renovating a home sounds like a luxury and not an emergency. However, some spaces in the house always need immediate repairs and fixes. These cover-ups and repairs are also a part of home renovation that demands funds otherwise staying in such a house can be life-threatening.
A home is a place where a person feels safe and comfortable. But a house that is not in a good state and requires urgent renovation, personal loan finance can help the owner just in time. Avail an instant personal loan for home renovation and do not delay the renovation plans any more.
Various Features and Benefits of Personal Loan for Home Renovation
With instant personal loan apps, you get an option to redecorate your home instantly and give it a whole new look and feel the way you desire.
Below mentioned are the seamless features and benefits of an instant personal loan used for home renovation:
- Easy login & sign-up method- Instant loan apps are easily available on Google Play Store. The download is advisable only from credible sources. The registration is done within seconds using the borrower’s mobile number /email id. Verification is done via an OTP.
- Collateral free- Ensures that a personal loan is an unsecured loan and does not require any security or an asset against the home renovation loan.
- Quick disbursal- The online process is fast and does not imply long procedures for the disbursal of funds. Within 24 hours the loan amount is sanctioned and disbursed directly into the borrower’s bank account.
- Flexible repayment option- The loan EMI calculator allows the borrower to choose and select the loan amount, repayment tenure and monthly EMIs as per the suitability of repayment.
- No physical documentation: Personal loan is processed online and requires minimum paperless documentation for verification. KYC details are verified for personal identity and salary slips/bank statements are submitted to check the repayment ability of the borrower.
How to Apply for Personal Loan for Home Renovation?
The online process is simple in comparison to the time-consuming traditional way loan application. Lenders witnessed the need for a speedy personal loan process and created online loan apps for an instant personal loan that serves a variety of financial purposes, one of them being home renovation.
Download an instant loan app from the Google play store and start the loan application process to arrange funds for home renovation:
- Register with mobile number/email id
- Proceed with entering the loan amount
- Fill in the loan application form
- Submit the mandatory documents
- Wait for verification of documents
- Approval is given in minutes of authenticating the details
- Disbursal is done in the bank account within 24hours
So, you see it is quite simple to avail of a home renovation loan through instant loan apps online. Everything is digital and finances can be arranged within a day or two.