Submit the necessary documents required for loan processing. Common documents include:

• Identity proof (such as Aadhaar card, passport, or driving license)
• Address proof (such as Aadhaar card, utility bills, or rental agreement)
• Income proof (such as salary slips, bank statements, or income tax returns)
• Employment proof (such as employment certificate or appointment letter)
• Property documents (if any)
• Passport-size photographs

6. Verification and Approval:

The lender will verify the information provided in your application and documents. They may also conduct a credit assessment to evaluate your creditworthiness. If satisfied, the lender will approve your loan application.

7. Loan Disbursement:

Upon approval, the lender will disburse the loan amount to your bank account. The disbursal process may take a few days, depending on the lender's internal processes.

8. Utilize Funds for Renovation:

Once you receive the loan amount, use it to fund your home renovation project as planned.

9. Repayment:

Repay the loan amount in equated monthly installments (EMIs) as per the repayment schedule provided by the lender. Ensure timely repayment to avoid any penalties or adverse impact on your credit score.

10. Closure of Loan:

After repaying the entire loan amount, obtain a loan closure letter or No Objection Certificate (NOC) from the lender as proof of loan closure.