People spruce up their homes by repainting the place, decorating with ornaments, doing repairs, and purchasing furniture every few years.
Whether a home requires a much-awaited repair, a bathroom renovation, balcony expansion, kitchen remodelling, or a room addition, substantial money on home improvement is often required. If someone is pressed for funds, a viable option is to get an instant Personal Loan from a reputable institution and fund the home renovation without eating into savings or using emergency cash reserves.
What is a Personal Loan for Home Renovation?
Personal Loans are unsecured, collateral-free, multipurpose loans that you can spend on a whole range of things. You can also use it for home renovation and pay back the loan in easy monthly EMIs, over a tenure ranging from 12 to 48 months, depending on your repayment capacity. Lenders will determine the loan amount and interest rate based on your credibility, income, DTI ratio, employment, and some other important parameters. New age NBFCs like Clix Capital have completely digital application processes that let borrowers apply for and get their loans conveniently online. Due to these reasons, more people now view Personal Loans as ideal to finance their home renovation.
Ideas to Give a Makeover to the House
Renovating, upgrading, and repairing the house is necessary every few years. However, it requires a considerable amount, and many online lending institutions only offer them as home renovation loans on higher interest. To get into the spirit, here are a few ideas to bring some grandeur and style to your home.
Repainting the Walls: Changing or refreshing the wall colours adds new vibrancy and charm to the house and uplifts the mood all over. Instead of going for the usual shades, opt for contrasting colours to make heads turn. Another trend is to have one wall painted in different colours or textures to make it a focal point. Known as an accent wall, it gives a new look & feels to the entire space. Moreover, get waterproofing to add to the wall’s durability and longevity. Don’t worry about the expense as a Personal Loan for Home Renovation can cover the costs without restriction.
Buying New Furniture: Consider getting a nice hydraulic bed (check them out), a new leather recliner or an upholstered sofa set, or switch up your dinnerware and gert a stylish dining table set. While there are endless options for new furniture, seasonal discounts make them even better. Consider replacing the old mattresses with the latest memory foam that lasts, provides better lumbar support, and makes for rejuvenating sleep at night. Explore these options and purchase easily with a home renovation loan.
Splurging on Appliances: Food processors and air fryers are popular purchases, preferred by families and working professionals. These appliances help reduce manual effort and make food preparation easier. You can also buy UHD TVs, convection microwaves, home security systems, and other useful appliances. They do not come cheap, but you can always get an instant Personal Loan to fund their purchase and upgrade.
Investing in Attractive Decor: Having one focal point in the room makes for a decluttered and minimalistic decor. Rustic and ethnic vase designs are an endless choice. Besides, one can also look for artistic candle stands, potpourri holders, and murals for added charm and sophistication to the rooms. Antique wooden clocks are bound to become conversation starters with random guests. Redo family pictures with brass and oak frames to refresh memories and add them to the home decor.
Lighting Up: Install modern LED lights or smart lights to light up your house and give it an all-new look. Apart from giving an all-new look to the house, these also save money by reducing electricity consumption. The market has abundant lighting options, from smart lights and LEDs to authentic brass lamps. They keep the home bright and shine endlessly to attract positivity and warmth.
People who are desperate to give their house a facelift but worried about finances can breathe easy and get an instant Personal Loan to cover the costs. New-age NBFCs like Clix Capital offer collateral-free Personal Loans for home renovation with flexible repayment terms and attractive interest rates. You can visit their website to check your eligibility, calculate your EMIs using a Personal Loan and apply online for instant approval and quick disbursal.
Benefits of Funding a Home Makeover with a Personal Loan
Getting a Personal Loan to give your home a complete makeover increases affordability, empowering you to turn your house into a dream palace. From beautiful furniture to new wallpaper, it’s possible to have it all. Below are a few significant benefits of taking a Personal Loan for home renovation for the much-required upgrade.
Enjoy Attractive Offers: Many Indians save money for years to renovate their house. To attract more customers, product and service providers announce lucrative sales from time to time. This encourages the homeowners to get an instant Personal Loan and avail special discounts to renovate the house for less. Those who want to save money on their home renovation should take advantage of a Personal Loan and get the funds they need.
Bigger Budget for Home Renovation: Ample loan amounts offered by NBFCs on home renovation loans makes them more attractive. Those planning to renovate their house can get up to Rs 10 lakhs through home renovation loans online. They don’t need to compromise on that façade renovation or the best quality marble for flooring from Italy.
Stress-Free Repayment: With flexible repayment tenure of a home renovation loan, repayment becomes easier without straining the budget. Personal Loans usually come with tenures of 12 to 48 months. Instead of paying for the home renovation lump sum, you can pay for the costs in EMIs. It is up to you to select a suitable loan tenure and pay EMIs accordingly.
Conclusion
Transform your living space with an instant loan for home renovation without burning your savings. Personal Loans are excellent funding options for home renovation. These loans come with competitive interest rates and flexible repayment tenures.
It’s time to get your home renovation done today without delay!