Why move when you can improve: Clix Home Renovation Loan

by Diksha Sharma Blogger and writer

‘Change is the only constant in life’, this statement holds true for numerous facets of life, including one’s home.

Setting up a new home or revamping an old one can turn out to be a daunting task as well as exciting, especially when it comes to managing finances to do so. Home renovation, remodelling, complete furnishing are considered as bigger tasks as they require higher funds. Moreover, one can use these funds to enhance the aesthetics and appearance of their home in many ways such as flooring, painting and internal or external plaster. However, this shouldn’t cause any hindrances when setting up one’s dream house.

Buying a new house is a much bigger investment when compared to renovating. Given the option to make changes to their homes or buy a new one, most people would instead renovate then use their hard-earned savings for a down payment. This is the reason why most people consider the option of home improvement loans as saving up and paying EMIs for the home renovation is a lesser expensive option.

At times, home improvements come in the form of emergency repairs. In this case, paying instalments for home repair loan is less costly than saving up funds while the roof is leaking for months, causing mold, rot and damaged ceilings. It can turn out to be even more expensive to repair later. On the other hand, making necessary changes to a home to keep it more livable and lively makes more sense rather than moving.

Many lenders, such as banks and NBFCs, provide personal loan for home renovation to repair the house or make it look more aesthetically appealing. The beneficial option is to know the options and then decide which ones make for the best according to the situation.

Arranging funds to convert a house into a dream home can prove to be quite imposing. One of the leading digital NBFC, Clix Capital, provides home renovation loans without any collateral requirement. The instant home repair loan by the lender makes renovation worries a thing of the past. At Clix, one can choose customised repayment and down payment options. A salaried employee with at least a total professional experience of at least 12 months over the age of 25 and under 58 earning a minimum income of Rs 25,000 per month is eligible to apply for a home interior loan from Clix. The interest rate depends on various factors such as the specifics of the application, including metrics like income and date.

No matter what is the scale of renovation or expansion, Clix provides loans that are tailor-made to suit every person’s requirement. One doesn’t have to bother with any complex documentation while revamping the house as Clix Capital will take care of everything.