Having Instant Cash Needs for Your Home Renovation? Here’s why A Personal Loan Suits You the Best!

Do you want to remodel your kitchen, add an extra bathroom, or spruce up your patio? Do you need to change your house’s electrical wiring, or does your house flooring have a lot of cracks and holes? If yes, you may think about funding their expenses with a personal loan for home renovation. Now, you no longer need to postpone your home renovation project for the next year. Although extensive home renovation can be costly, an instant personal loan online can be an easy solution for you.

Do you have instant cash needs for your home renovation? You can take a personal loan for home renovation from a reputed NBFC and give the much-needed makeover to your By doing that, you can improve the aesthetic appeal and increase your property’s value without spending money from your savings. Let’s see why a personal loan can be your best possible solution.

Reasons to Fund Your Home Renovation with a Personal Loan

You should consider funding your home renovation with a personal loan due to the following reasons:

Easy Qualification: Most lenders have made personal loans extremely easy to apply and avail. To qualify for a personal loan, you just need to meet a handful of eligibility conditions. For instance, to apply for a personal loan from Clix Capital, you need to fulfil the following conditions only:

• • You should be 25 to 58 years of age
  • You must be a citizen of India
  • You should be a salaried individual drawing a salary of at least ₹ 25,000 every month
  • You should be working with your current employer for at least 6 months, and you should have a total work experience of at least 12 months

Fast Approval: When you apply for an instant personal loan online, you can get your approval within minutes. Owing to the online application, no collateral involved, and minimal documentation requirements, lenders like Clix Capital may get your loan approval within 15 minutes*.

Freedom of Use: Using a personal loan, you can fund a variety of expansion, renovation, and repair projects for your home. At Clix Capital, you get an ample amount of up to ₹ 25 lakhs, which is a high-value sanction to fund varied home improvement projects.

No Collateral Requirement: Since personal loans are unsecured financial options, you can avail your required funds much faster than secured loans. Besides that, you don’t need to worry about risking your asset as collateral or requesting someone to become your guarantor. Since there is no collateral involved, the time is not wasted on the verification of collateral requirements. As a result, you get your loan approval even faster.

Flexibility of Repayment: A personal loan gives you flexibility not only on the use of your loan amount but also on its repayment. Here, you can choose a repayment plan according to your repayment capacity. For instance, Clix Capital allows you to choose a repayment tenure from a window of 12 to 48 months, with EMIs you can easily afford every month.

Longer loan tenure means smaller EMIs but higher interest outgo. Shorter loan tenure means bigger EMIs but reduced interest outgo. So, use a personal loan EMI calculator to get an estimate of your EMIs and adjust your loan tenure until you get one with EMIs you can adjust into your monthly budget.

Minimal Documentation Requirements: To complete the online personal loan application process, you need to show some essential documents to prove your identity, address, and income. NBFCs these days have minimal documentation requirements without any paperwork involved. To apply for a personal loan from Clix Capital, you need the following documents:

• • Duly filled online application form
  • Recent passport size photograph
  • Identity proof like Aadhaar Card or PAN Card, or government ID for government employees
  • Address proof like Aadhaar Card, Voter ID, passport, driving license, etc.
  • Income proof, including your last month’s payslip or current year’s Form 16

You will be amazed to know that the loan application process is completely online, which means you don’t need to visit your lender’s office to submit your documents. If your KYC is updated with Aadhaar and PAN, you don’t even need to upload them anywhere. You can provide your KYC details and have your documents verified online within minutes.

How to Get a Personal Loan for Home Renovation?

To apply for a personal loan from Clix Capital, follow these easy steps:

• • Visit the Clix Capital website
  • Check your credit scoreand ensure that it is more than 725
  • Fill up the online personal loan application form
  • Get your personal loan documents verified online, which takes just a few minutes. However, if your KYC is not updated, you will have to provide some necessary details
  • Once you receive your loan approval, accept the loan offer
  • Activate the e-mandate for regular EMI payments on time

Choosing the Best Lender for Personal Loan

Are you looking for instant cash for your home renovation? You need to find the right lender that can fulfil your financial requirements with the best terms and conditions. The loan amount and interest rates are the primary factors to consider while comparing personal loan lenders. However, you have to compare them based on several other factors, including repayment terms, eligibility conditions, documentation requirements, customer service, and others.

So, you can avail a personal loan for home renovation to finance any renovation, repair, refurbishment, or improvement project of your house. Apply now at Clix Capital and get a personal loan amount of up to ₹ 25 lakhs to fund your expense. We allow you to choose a repayment tenure of 12 to 48 months, which you can choose according to your repayment capacity. If you fulfil our eligibility conditions and have a credit score of 725 or above, apply for our online personal loan for home renovation and meet your instant cash needs.

For any queries, find us on Facebook, Instagram, LinkedIn, Twitter, or WhatsApp

You can also reach out to us at hello@clix.capital or call us at 1800 200 9898

* T&C Apply