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Pick from pre-designed plans to suit different needs and budgets.
Get Up to ₹5 Lakh Personal Loan for Home Renovation
No Collateral Required
Instant Approval
Tenure up to 48 months
Personal Loan for Home Renovation
Looking for a personal loan for Home Renovation? FatakPay makes borrowing simple with a fully digital application process, minimal documentation, and quick approvals. Whether it's a planned expense or an urgent requirement, you can access the funds you need without pledging any collateral.
Personal Loan EMI Calculator
Our Personal Loan Calculator and Personal Loan Eligibility Calculator help you plan your monthly EMI and understand your chances of approval before applying.
Loan Amount: ₹1,20,000
₹10,000₹5,00,000
Tenure: 9 months
3 months48 months
Interest Rate: 8%
0%36%
Monthly EMI
₹13,782
Total Interest
₹4,035
Total Payment
₹1,24,035
Apply for Home Renovation Loan in 3 Simple Steps
Sign in & Verify
Enter mobile number and OTP.
Complete Digital KYC
Verify basic documents like Aadhaar & PAN Card
Get Instant Funds
Accept the given loan offer
Why choose FatakPay for Home Renovation Loan?
Home Renovation Loan Eligibility Criteria
Applying for a Personal Loan for Home Renovation through FatakPay is simple and requires meeting a few basic eligibility conditions.
1. Nationality
Applicants must be Indian residents to qualify for a personal loan.
2. Age Criteria
You should be between 21 and 55 years of age at the time of application, ensuring eligibility across early to mid-career professionals.
3. Documents Required
The application process is fully digital and requires basic KYC verification. You'll need your Aadhaar card, PAN card, and a quick selfie to complete the process. No lengthy paperwork is involved.
4. Income Proof
To support your application and enable faster approvals, you'll need to submit valid income proof. This helps us assess your repayment capacity and offer suitable loan options.
5. Employment Eligibility
FatakPay Personal Loans are available for both salaried individuals and self-employed professionals. Whether you have a steady monthly income or run your own business, you can apply for an instant personal loan with ease.
With minimal documentation and a 100% digital process, getting access to funds is simple, fast, and hassle-free.
Documents Required for Home Renovation Loan
Get a Personal Loan for Home Renovation with minimal documentation
Basic KYC Documents
PAN, Aadhar and Income Proof
Live Selfie
For Identity Verification
Home Renovation Loan Interest Rates & Charges
Choose the plan that matches your loan requirement and repayment capacity
FatakLite
Loan AmountUp to ₹60,000
TenureUp to 9 months
Processing FeeUp to 6%
Interest Rate1.5% per month
Popular
FatakPlus
Loan AmountUp to ₹3,00,000
TenureUp to 36 months
Processing Fee5%
Interest Rate1.5% per month
Best Value
FatakPrime
Loan AmountUp to ₹5,00,000
TenureUp to 48 months
Processing Fee2%
Interest Rate1.2% per month
Check the latest Personal Loan interest rates before you apply for loan options online.
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FAQs
What is a personal loan for home renovation and how is it different from a home improvement loan?
A personal loan for home renovation from FatakPay is an unsecured loan to fund any repair or upgrade to your living space. Unlike traditional home improvement loans, it requires no property pledge, no co-applicant, and no contractor bills. Funds are disbursed in 24-36 hours after approval.
How much can I borrow for home renovation from FatakPay?
You can borrow up to ₹5 Lakh as a home renovation loan through FatakPay. The exact amount depends on your credit profile and eligibility. Use our Personal Loan EMI calculator before you apply to plan your repayment comfortably.
Can I get a home renovation loan without a salary slip?
Yes. FatakPay does not require a salary slip for a loan for home renovation. Only your PAN card and Aadhaar card are needed. Both salaried and self-employed individuals can apply without any income documents.
Do I need to be a homeowner to get a personal loan for home renovation?
No. Tenants can also apply for a personal loan for renovation on FatakPay. No property title, no NOC, and no ownership proof arerequired. Your credit profile and KYC compliance are the only requirements.
Which renovation projects can I use the loan for?
You can use a personal loan for home improvement for any project, be it kitchen remodeling, bathroom upgrades, flooring, painting, roofing, electrical work, furniture, or full home makeovers. There are absolutely no restrictions on end-use of the funds.
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