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Can I get a home renovation loan for a second home?

Curious about Home Renovation Loan

Can I get a home renovation loan for a second home?

Yes, it is possible to get a home renovation loan for a second home in India. Banks and financial institutions offer home renovation loans for both primary and secondary properties. The eligibility criteria and terms may vary from lender to lender, so it's advisable to check with different banks or financial institutions to understand their specific requirements and loan offerings for second homes. The loan amount and interest rates will depend on factors such as your income, credit history, and the value of the property being renovated.

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