A home improvement loan can be availed irrespective of a pre-existing home loan.
“People usually are the happiest at home”
- William Shakespeare
The statement holds true, no matter where we live or how hard our day be, we always look forward to going back home to our near and dear ones. But our safe haven, also faces a lot of wear and tear due to various reasons, weather and pollution being a few. Hence to keep our abode strong and beautiful, it also requires makeovers and regular maintenance.
“Changing homes is not a sensible option either, sometimes a fresh paint job, new flooring or a simple renovation of the living room is sufficient to change the vibe,” said Rishi Anand, Chief Business Officer, Aadhar Housing Finance.
However in many cases people find it difficult to arrange funds for the makeover. But do not worry as now one can avail for a home improvement loan. “Home improvement loans are beneficial to spruce up your home. The availed loan amount can be used for a variety of purposes such as flooring, tiling, plaster, painting, extension of home, loft conversion, kitchen renovation, bathroom fitting, and garden design,” stated Monu Ratra, CEO, IIFL Housing Finance.
There are several reasons why you might want to consider renovating your home. If you are purchasing a property on resale, you may particularly need to upgrade your home before moving in. Navin Chandani, Chief Business Development Officer, BankBazaar, said, “Regular maintenance of the property also extends the life of the property. This makes a difference if you plan to sell your property in the future.”
هذه القصة مأخوذة من طبعة September 2019 من Outlook Money.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة September 2019 من Outlook Money.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Stay Ahead Of AI-Powered Cyber Fraud
AI has become an integral part of our lives, right from customer service at banks to insurance claims. But it has now become a powerful arsenal for the fraudsters too who are increasingly using AI to scam individuals and corporations alike to commit fraud. The key is to stay vigilant
Travelling To Europe? Pack In The Essential Covers
Smart travellers must know that insurance is a must-have. From essential health coverage to theft protection and trip interruptions, know what you need for a worry-free Europe trip
How To Spend Wisely This Year-End
We all spend during the year-end. But the trick is not to overspend or borrow, either from friends, or your own investment, to fund your indulgence. Maintaining balance is the key
Travel Now Pay Later (TNPL)
Travel now, pay later (TNPL) is a close cousin of the more popular buy now, pay later (BNPL) schemes.
12 Books Devina Mehra Loved Reading In 2024
Listing books of her choice, among the ones she reads during the year, is ace investor Devina Mehra's favourite year-end activity. She says it's a daunting task to pick around 12 books from a list of 50.
Here's How To Avail Of Ayushman Bharat Yojana
Launched in 2018, the Ayushman Bharat Yojana aimed to provide health coverage to targeted benefi ciaries from the Socio-Economic Caste Census (SECC) 2011, based on deprivation and occupational criteria.
'Focus On The Business, Assess If You Want To Be A Partner For 10-20 Years'
Professor Sanjay Bakshi, a value investor, behavioural economist and adjunct professor at Flame University, Pune, gives his unique perspective on how to choose a stock, in an interview with Nidhi Sinha, editor, Outlook Money, as part of the Wealth Wizards series. He also shares his learnings from role models Warren Buffett, Charlie Munger, Benjamin Graham and others, and how being a chartered accountant, economist, investor and teacher make him into what he is today. Edited excerpts from the interview
The New Trump Card For IT, Pharma
Donald Trump has been re-elected as the 47th President of the US after a gap of four years. Here's how it will affect the Indian markets and how it will benefit sectors such as IT, pharma, export-oriented sectors and others
European Sojourn
Tight on budget? Dump the popular European destinations for the little-known wonders that are equally attractive
Gold ETFs And FoFs
While Indians love to invest in physical gold, even mutual funds offer the option, but in paper format.
