Which bank offers the best home renovation loan?

[Naina]

I need to renovate my house, as it’s built in the 90’s. After inquiring, I have found the renovation costs around 10-15 lakhs. Which bank should I consider when applying for home loans? What factors should I consider when applying for this loan?

[Reema]

SBI, HDFC or ICICI are good banks for a home renovation loan, as they have good customer service, affordable interest rates and an easy application process. These banks offer flexible terms for renovation loans, so you are not committed for the long run.