Types of home loans: #5 Home-improvement loans
Saturday, September 16, 2017, 4:17 PM
Home-improvement loans are taken by individuals who own a house, but lack funds to renovate it. Renovation includes - repairs to existing house, painting of the walls, digging a bore well, water-proofing, electrical wiring etc. The tenure of Home Improvement Loan ranges from 1 to 10 years.