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About Home Renovation Loan

At India Shelter, our Home Renovation loans are tailored to empower you with the financial flexibility needed to turn your house into the dream home you've always desired. Whether you're looking to revamp your living space, enhance functionality, or increase your home's value, you've come to the right place.

Loan amount between INR 5 Lakhs to INR 50 Lakhs

Attractive Home Renovation Loan Interest Rates

Assistance on phone

Quick and hassle-free home renovation loan processing

Expert guidance on your loan queries

Transparent and customer-centric approach

ITR not mandatory

Features of Home Renovation Loan

Advantages of various features of Indian Shelter Home Renovation Loan

Affordable Interest Rates

Competitive and affordable interest rates to make home ownership more accessible.

Quick Loan Approval

Expedited loan approval processes to ensure a swift turnaround time and quick access to funds.

Customer Support

Dedicated customer support to address queries and provide assistance throughout the loan tenure.

Balance Transfer Facility

Provision for balance transfer, allowing borrowers to shift their existing home loan from another financial institution to India Shelter Finance Corporation for better terms.

Loan Eligibility for Home Renovation Loan

*For full KYC, kindly visit the nearest India Shelter branch.
*Ensure all documents are valid and not past their expiry date (in the case of Driving License and Passport).
Who can Apply

Property Ownership

The applicant should be the owner of the property that needs to be renovated.

Property Value

The property's value should meet the lender's specified minimum value requirement for Home Renovation Loan


The minimum age of the applicant should be 18 years, and the maximum age should not exceed 70 years at the start of loan.


The applicant should have a stable source of income to repay the loan.

Credit Score

The loan amount available depends on the borrower's eligibility and credit score. Higher eligibility and credit scores result in a higher loan amount. Additionally, customers with a credit score of (-1) are also eligible for funding.
Documents Required

Identity proof for Salaried People

PAN Card is mandatory, and any one of these:
  • Passport
  • Voter ID
  • Aadhar Card
  • Driving License

Address Proof for Salaried People

  • Passport
  • Voter ID
  • Aadhar Card
  • Electricity bill/ water bill/ telephone bill
  • Driving License

Proof Of Income for Salaried People

  • Salary Slips/Bank Statement/Form 16
  • Salary Certificate

Other Documents for Salaried People

  • Signed Application Form with Picture
  • Cheque For Processing Fee
  • Bank Statement of Last 6 Months

Property Documents for Salaried People

  • Title Deeds of the Property
  • Proof of No Encumbrances on the property

Identity proof For self-employed people

Your PAN Card is mandatory, and any one of these:
  • Passport
  • Voter ID
  • Aadhar Card
  • Driving License

Address Proof For self-employed people

  • Passport
  • Voter ID
  • Aadhar Card
  • Electricity bill/ water bill/ telephone bill
  • Driving License

Proof Of Income For self-employed people

  • IT Returns and/or Financial Statements of last 3 years And/or
  • Informal Income Documents

Other Documents For self-employed people

  • Signed Application Form with Picture
  • Cheque For Processing Fee
  • Proof of business existence

Property Documents For self-employed people

  • Title Deeds of the Property
  • Proof of No Encumbrances on the property

Reviews and Ratings

Authentic experiences through the voices of our valued customers

Nisha Dangre

Vrindavan Nagar, Nagpur

A home of your own makes you feel independent, that’s what Nisha Dangre, a resident of Nagpur, believes in. She always dreamt of owning a home but never thought it would be possible owing to income constraints and excessive paperwork. By opening the door of hope, India Shelter helped her in achieving her dream. 

Vaishanvi Nikhil Bangre

Rajendra Nagar, Nagpur

Vaishanvi Nikhil Bangre is a resident of Nagpur who aspires to build the future of students by teaching students via coaching classes.As the no. of students expanded, Vaishanvi faced the space challenge while teaching students. She approached many banks to add some extra length and breadth to her coaching infrastructure but was disheartened due to the tedious loan approval process and documentation. She got to know about India Shelter via Facebook. After seeking hassle free loans, she has successfully revamped her institute. Now, she is happily teaching and transforming the lives of several students with her unflinching and sheer efforts.

Sanjay Prakash


Mr. Sanjay Prakash has been living in Banore over the past 11 years where he has bought a piece of land over 5 years ago but due to a shortage of money and increasing day today expenses, he wasn’t able to build his dream home. He came to know about India Shelter from one of his friends. After approaching India Shelter, all his loan requirements were met without any problem.

Tara Chhetri


Tara Chhetri, a resident of Zirakpur, who runs her restaurant in Dhakoli with her husband. To expand their business, they approached multiple financial companies for acquiring business loans but none of their offerings fit their requirements. After hearing about India Shelter from her friend, she applied for a LAP with us. Having secured a loan against property (LAP) for her business, Tara has experienced unprecedented growth.


What is the Home Renovation Loan?

Home Renovation Loan by India Shelter is a specialized financial product designed to assist individuals in India with funding for home renovations & renovations.

How does Home Renovation Loan work?

This loan involves borrowing a predetermined amount with a specified interest rate. Repayment occurs through regular installments over an agreed-upon period. The loan may be secured or unsecured, depending on your eligibility and preferences.

What can I use Home Renovation Loan for?

Home Renovation loan is intended for a range of home renovation purposes, including but not limited to repairs, renovations, extensions, and upgrades. Ensure to check the specific guidelines provided by India Shelter for the eligible projects.

What are the eligibility criteria for a Home Renovation Loan?

Eligibility factors for Home Renovation loan typically include your credit score, income, property ownership, and the nature of the proposed renovations.

How can I apply for a Home Renovation Loan?

The application process usually involves submitting necessary documentation, including proof of income, property ownership, and details of the planned renovations. Check our website: for a detailed application procedure.

What is the maximum tenure for a home renovation loan?

The maximum tenure for a home renovation loan typically varies based on the lender's terms.

Are there any tax benefits of a home renovation loan?

Yes, you may be eligible for tax benefits under section [insert relevant section, e.g., 24(b)] of the Income Tax Act. Consult a tax professional for detailed information.

Can I take a loan for a home renovation project that lasts a few years?

Yes, you can explore home renovation loans with flexible tenures, allowing you to undertake projects that span several years.

Can I apply online for a home repair loan?

Yes, you can conveniently apply for a home repair loan online through our secure and user-friendly online application process.

Can I apply for a home renovation loan without a PAN card?

A PAN card is often a mandatory requirement. Ensure you have a valid PAN card when applying for a home renovation loan.

Can I apply for a home renovation loan without an Aadhaar card?

While an Aadhaar card may be preferred, alternative identification documents may be accepted. Check with our representatives for specific requirements.

Can I apply for a balance transfer home loan without income proof?

Income proof is usually necessary for a balance transfer home loan. It demonstrates your repayment capacity. Please provide the required income documents during the application process.

Which documents are required for a Home Renovation Loan?

Commonly required documents include proof of identity, residence, income, property ownership, and the project estimate. Refer to our documentation checklist for detailed information.

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