Affordable Financing to Beautify Your Home
At Rohini Financial Services, we believe home renovation should be affordable, flexible, and transparent. Our Home Renovation Loan comes with competitive interest rates, minimal processing fees, and no hidden charges, helping you focus on creating your dream living space without financial stress.
đź’° Interest Rates for Home Renovation Loan
| Loan Type | Interest Rate (per annum) | Tenure | Loan Amount |
|---|---|---|---|
| Home Renovation Loan | 8.99% – 13.99% p.a. | Up to 15 years | ₹1 lakh – ₹50 lakh |
| Top-up on Existing Home Loan | 8.49% – 12.99% p.a. | Up to 20 years | As per eligibility |
💡 Interest rates may vary based on applicant’s profile, loan amount, credit score, and repayment tenure.
⚙️ Processing Fees and Other Charges
| Charge Type | Details |
|---|---|
| Processing Fee | Up to 1.5% of the loan amount or â‚ą2,500 (whichever is higher) |
| Prepayment / Foreclosure Charges | 0% to 2%, depending on the type of borrower and loan balance |
| Late Payment Fee | 2% per month on overdue EMI amount |
| Loan Statement / Document Charge | Free (first copy) |
| Part Payment Charges | Nil for floating-rate loans |
| Stamp Duty / Registration Fees | As per state government norms |
🧾 Example Calculation
If you take a â‚ą10 lakh loan for home renovation at an interest rate of 10.5% for 10 years, your monthly EMI will be approximately â‚ą13,493.
Use our Home Renovation Loan EMI Calculator to estimate your monthly payments and plan your budget efficiently.