Image default

How to Renovate Your Home with a Personal Loan This Diwali

Diwali is the festival where everyone wants to enjoy their time with family surrounded by positive vibes, relatives, gifts, sweets, and happiness. With Diwali coming soon, many have already started planning things, such as renovating their home, coloring the house, creating a new venture, or wedding ceremonies post-Diwali.

How to Renovate Your Home with a Personal Loan This Diwali 3


Why a personal loan for the renovation of the house?

  • We observe that recently, COVID-19 cases have fallen to less than 20,000 cases per day in India. However, India is still recovering from the financial impacts of the COVID-19 economy in two waves. Financial budgets are still tightened for many households.
  • However, COVID has made us realize that we should never stop pursuing our dreams. If you have plans to renovate your home, a personal loan will help you.
  • Even if you have some funds, evaluate whether they are sufficient to renovate as per your plan. You may paint your home annually, but renovation is not a yearly affair. It’s a decade-long affair. Thus, a loan amount coupled with competitive personal loan interest rates gives you an extra edge for your renovation plan.
  • Due to the compressed position in the economy, the government has already increased the money supply; thus, personal loan interest rates are currently low. Moreover, the private loan tenure goes up to 5 years with a lower EMI amount. You can use a personal loan EMI calculator to determine the optimum EMI per your needs.
  • Once you have a personal loan, you do not need to compromise your emergency funds. You can pay EMIs as per your repaying capacity. Also, you can use the funds without specifying any reason to the lender, and that’s why it is called personal!

How to renovate your home with a personal loan?

Diwali is an auspicious and divine festival. If you do good things to make yourself happy, more things will come your way to make you feel more comfortable. So, don’t hesitate to renovate your home this Diwali if that makes you feel good. Funds with lower personal loan interest rates give you enough leverage to remodel your home with the following set of ideas:

  • The entrance is the face of the house. But, this part of the renovation is costly. With excess funds at your disposal, good-looking access can make you feel relaxed and happy at the same time. Additionally, if you add earthen pots, it would provide the much-needed vibrancy to the door.
  • During Diwali, guests are invited to the kitchen to enjoy the festivity preparations. You may consider adding a modular cooking range to the kitchen. You may consider buying a chimney, a microwave, or elegant crockery. You cannot go for this part of the renovation if you have cash constraints. However, a personal loan can make it possible.
  • It’s Diwali, and there should be enough space for that continuous GP-shup! You may consider using different seating arrangements, such as sofas or high chairs, to involve everyone in the combined discussion. However, adding another space is costly, and it’s possible only with the help of excess funds.
  • You may choose some desi-printed tiles for your bathroom, or some different styles of tiles will add more beauty to the bathroom.


Let this Diwali be a reason to renovate your house and start with a new beginning. Arranging the finances is no big deal today. Online applications for personal loans can be completed quickly, and your bank account will get credited within seconds after the approval. You can choose the monthly outflow using a personal loan EMI calculator with affordable personal loan interest rates. The procedure is 100% paperless; all scanned documents are enough to complete your application.

Related posts