Modernise to create a more comfortable Home with our Home Renovation Loan
Over a period of time, even the best-loved homes may need a refresh whether it’s to modernise living spaces, repair wear and tear, or to create a more comfortable environment for you and your family and our Nest Sudhaar loan is designed specifically for Home Renovation and beyond
Key Advantages of availing
Nest Sudhaar Loan
Cost-Efficiency
You avoid the high costs of stamp duty, brokerage fees, and moving expenses that are associated with purchasing a completely new property.
Competitive Interest Rates
Because the loan is secured by your existing property, Nestavia offers lower, more favourable interest rates when compared to other forms of borrowings like unsecured personal loans.
Flexible Repayment Tenures
You may utilize your house renovation loan for a range of activities in your home such as renovation, repairs, flooring, painting etc. In other words, you can use your loan funds for any work that pertains to the structure of your home. You cannot however utilize it for repair or purchase of movable items like furniture, fixtures, furnishings etc.
Increased Property Value
Nestavia provides extended repayment tenures up to 15 years in line with your net monthly income thus keeping your Equated Monthly Installments (EMIs) affordable and manageable.
Tax Deductions
Unlike home loans, the tax deduction for home renovation loan is only available for the interest amount paid under Section 22(2) of Income Tax Act, 2025 (corresponding to Section 24(b) of the Income Tax Act, 1961) and that too for a self-occupied property alone and this tax deduction is capped at ₹30,000 per financial year, which is part of an overall ₹2 lakh cap on combined home loan interest.
How to Apply
Kindly call or visit your nearest Nestavia Home Finance branch using our branch locator – https://nestaviahomefin.com/branchlocator/. Post your call, you enjoy doorstep service for Nestavia Home Loans. Our Relationship Manager will come and meet you at your home or your place of business or your place of employment at the appointed time and facilitate the entire Home Loan process.
Or you can apply for Nestavia Home Loan online using the link given below. It’s simple, easy and convenient.
Frequently Asked Questions
Answers to your Valuable Queries About Home Finance
Before taking the Loan
Am I eligible for a loan?
What are the types of loans I can apply for?
What is the maximum tenure of the loan?
What is the maximum loan amount that I can take?
After taking the Loan
When do I start paying the principal amount of the Loan?
Can I repay my loans ahead of schedule?
How do I pay my monthly instalments?
