How can I get a Home Improvement Loan at Buddy Loan

You have had the same furniture over the years, and you feel you need to change into
something more modern as well as renovating your house. However, you feel there is know
strong financial muscle to help you do that. Worry not, as we are here to help you through that.
Buddy Loan, one of the best aggregators can help you avail a loan easily.
We advance loans from as little as 1000 to 15 lakhs with a friendly interest rate starting at
11.99%. You also get a flexible repayment period that ranges from 3 months to 6 years. When
you approach a lender for a loan in India, you receive advice on the best tenure options.
Documents needed to consider when applying for a Home Improvement loan
 Age - You have to be of a minimum of 24 years and a maximum of 70n years of age
when applying for a Instant home loan online. You can submit proofs such as the birth certificate or
your pan card.
 A Proof of address- This can be proven by having a utility bill or receipts that show your
address.
 Existing loan documents if any
 Property ownership documents to be used as security for the loan.
 A well-filled loan application form.

Types of Home Improvement Loans
 Cash-out
 Credit card
 Personal loans
 Mortgage refinancing
Home equity loan
Process of applying for the loan
Step 1: Before settling on the loan provider, you must have checked and evaluated your
eligibility. When you can assess the loan amount, you can decide the loan tenure and possible
EMI that are comfortable for you.
Step 2: Get to know your loan offer. When you check through the banks and get to know your
eligibility, you will also get to know what your loan offer is. You will also get to see the interest
rates, the payment periods, and the tenure.
Step 3: You will need to fill a personal loan application form and submit. You can do this by
visiting the loan lenders' office, or if you are applying for a personal loan online, you can send
an online application.

Step 4: Submit your documents to the bank for approval. The loan provider representative will
call you for the verification process, and after that, they will call you for a sanction letter. The
sanction letter will in detail give all the necessary information of the loan.
Step 5: Disbursal. The amount in the sanctioned letter will be credited to your account, and you
can now proceed with your plans.

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