Home Improvement Loan Eligibility Criteria

When it comes to making improvements to a home, one may find themselves in need of financial impetus. PNB Housing has relaxed eligibility criteria to make the Home Improvement Loan application process hassle-free. We consider three aspects for approval: age, credit score, and income, to ensure that the applicant can repay on time.

PNB Housing Home Renovation Loan Eligibility Criteria

• Age: The applicant’s age should not be more than 70 years at the time of the Home Improvement Loan maturity.
• Credit Score: CIBIL score must be 611 or above. 
• Profession: Salaried / Self-employed
• Income: Applicant must have a stable job and a reliable source of income

Adding a co-applicant can help you get higher loan amount approvals with the best Home Improvement Loan interest rates.

Anyone can use a home loan eligibility calculator to check their eligibility easily. It will give a better understanding of the interest rate, EMI, or home loan amount one would be eligible for.

PNB Housing has relaxed Home Improvement Loan eligibility criteria along with a hassle-free application process and quick disbursal. Anyone, whether an existing or new customer, can apply for a house renovation loan at reasonable Home Improvement Loan interest rates. 

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