Many indian Banks provide Home Improvement Loan(HIL) and Home Extension Loan(HEL), the eligibility and documentation in minimal, when compare to other loans. The loan interest rates might be slightly higher than home loan. The Key feature of Improvement Loan(HIL) and Home Extension Loan(HEL) are as follows,
Home Improvement Loan(HIL)
The interiors of any home reflect the personal preferences and tastes of its owners making it imperative to constantly upgrade to keep up with changing times.
HIL facilitates internal and external repairs and other structural improvements like Painting, Aluminum Windows, Waterproofing and Roofing, Tiling and Flooring, Grills,Plumbing and Electrical Works, Compound Walls and much more.
Home Extension Loan(HEL):
HEL for adding more space to your existing home for meeting the requirements of your growing family. Be it an extra bedroom for your children, a reading room for yourself or a cozy coffee corner. It is easy to extend your home anyway you like.
Home Improvement Loan(HIL)
The interiors of any home reflect the personal preferences and tastes of its owners making it imperative to constantly upgrade to keep up with changing times.
HIL facilitates internal and external repairs and other structural improvements like Painting, Aluminum Windows, Waterproofing and Roofing, Tiling and Flooring, Grills,Plumbing and Electrical Works, Compound Walls and much more.
Home Extension Loan(HEL):
HEL for adding more space to your existing home for meeting the requirements of your growing family. Be it an extra bedroom for your children, a reading room for yourself or a cozy coffee corner. It is easy to extend your home anyway you like.