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Things To Know About Home Improvement Loan

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.<br> 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! Donu2019t know what a home improvement loan is?

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Things To Know About Home Improvement Loan

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  1. Benefits of Home Improvement Loan Goel Ganga Developments Pune

  2. 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?

  3. 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.

  4. 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.

  5. Minimum Documentation 03. 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.

  6. 04. Home improvement loans can be used for your home renovation activities including repairs, flooring replacement, an extension of your home and painting, etc. Flexibility

  7. Fast Processing. Home improvement loans are processed quickly as the documentation is minimal and hassle-free. 05.

  8. 06. Eligibility You can apply for home improvement loans individually as well as jointly. If your home is jointly owned, all owners of the property have to necessarily apply for the home improvement loan.

  9. Address Show room number S2 To S10, San Mahu Complex, Opp. Poona Club, 5 Bund Garden Road, Camp, Pune, 411001 Website https://goelgangadevelopments.com/ Phone (020) 2611 3701 / 02 / 03(020) 6708 2600

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