Home Renovation Loan offerings by Piramal Capital & Housing Finance Ltd. (Piramal Finance)

Key Features

Loan amount

₹ 5 Lakhs - 2 Crore

Loan tenure up to

30 years

Interest rates starting at

9.50% p.a

For detailed fees and chargesClick here *T&C apply

Who Can Apply?

The eligibility criteria mainly depends on your employment. Choose the employment type and check your eligibility.

Calculate EMI & Check eligibility
  • EMI Calculator

  • Eligibility Calculator

Your home loan EMI is
Principal amount
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Documents Required

For a House construction loan, we require certain documents based on the profession/occupation of the applicant.

KYC Documents

Proof of Identity & Address

Income Documents

Proof of Income

Property Documents

Land & property related documents


Passport Size photographs


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Our Happy Customers

I applied for the Gruh Sethu home loan plan, which got approved for 29 years of tenure, which is what I needed. My family and I are so excited and happy to be moving into our new home soon.

Rajendra Rupchand Rajput

Advantages of Home Renovation Loan

Easy Home Improvement Loan Eligibility

It is simple to get a house improvement loan from Piramal Finance as we have easy eligibility norms and require a few basic documents. Even if you don’t have formal income proof documents such as ITR, our local experts are trained to assess your income so that they can help you determine the loan amount you can comfortably repay. To increase your eligibility, you can even add a co-applicant, who could be your spouse or an immediate family member.

Loans for all homeowners

Our home renovation loan helps both salaried individuals like government employees and corporate professionals, as well as self-employed individuals like doctors, lawyers, CAs, traders, and small business owners. We are committed to your dream of making your home safe and secure for your children to grow up.

Repairs, Renovations, and more

Whether your need is big or small, we finance them all. You can get a home improvement loan starting from ₹ 3 lakh up to ₹ 5 crores for various types of repairs and renovations, such as painting, tiling, flooring, waterproofing, plumbing, sanitary work, etc. The only condition is that you can get the loan only if your improvement project can be completed within a year.

Quick Loan disbursal

It can take as little as 72 hours to get your loan disbursed. This is because, at each one of our 135+ Piramal Finance branches, we have a team of legal and technical experts to help you. Our experts can review your application on the spot and answer all your questions face-to-face so that you don’t have to deal with multiple visits or document requests.

Interest Rates and Tax Benefits

If you have already had a home improvement loan from another financial institution for the past 2-3 years and are paying interest of over 11%, you can shift to Piramal Finance to reduce your home loan EMI burden. Shift to Piramal Finance with our Balance Transfer facility to get the undivided attention of our experts, choose from competitive interest rate options, and get tax benefits for your home improvement loan under Section 24 of the Income Tax Act, 1961.

Frequently asked questions

What is a House Renovation Loan?
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What is the maximum term for which I can avail of a House Renovation Loan?
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When can I avail of disbursement for a House Renovation Loan?
piramal faqs

What credit score is necessary to be eligible for a home renovation loan?
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Can salaried professionals opt for home renovation loans?
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Why Choose Piramal Finance for a House renovation loan?
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