Home Renovation Loan in West Bengal 2026

You can get a home renovation loan up to ₹75 Lakh in Kolkata through Biddaro. The amount sanctioned depends on your property's current market value (lenders typically offer 70–80% LTV), your monthly income, existing EMI obligations, and CIBIL score. For a property worth ₹60 Lakh in Kolkata, you may qualify for a renovation loan up to ₹45–48 Lakh. For smaller renovations like painting or flooring in Kolkata, unsecured renovation loans of ₹1–10 Lakh are also available without any property documents.

Home renovation loan rates in Kolkata start from 9.5% p.a. for secured loans (mortgaged against property) and range up to 13% p.a. depending on your lender, credit score, and loan amount. On an unsecured renovation loan in Kolkata (personal loan variant), rates are typically 12–18% p.a. For example, a ₹10 Lakh secured renovation loan in Kolkata at 9.5% p.a. over 5 years would cost approximately ₹21,005 EMI per month. A higher CIBIL score (750+) can reduce your rate by 0.5–1.5% in Kolkata.

Yes — unsecured renovation loans are available in Kolkata without any property collateral. These function similarly to personal loans and are available up to ₹10 Lakh for renovation purposes. Interest rates on unsecured renovation loans in Kolkata typically range from 12% to 18% p.a. The advantage is faster approval (24–48 hours) and no mortgage registration cost. For renovations above ₹10 Lakh in Kolkata, a secured loan against your property offers lower rates and longer repayment tenure of up to 10 years.

Home renovation loans in Kolkata cover a wide range of residential improvement work including: flooring and tiling, painting (interior and exterior), plumbing upgrades, electrical rewiring, kitchen modular remodelling, bathroom renovation and waterproofing, false ceiling and interior design work, window and door replacement, room addition or extension (with proper Kolkata municipal approval), solar panel installation, and security system installation. Structural changes — like removing load-bearing walls — may require a separate technical sanction from the Kolkata municipal authority before the lender disburses funds.