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Improvement & Extension

HomeImprovement & Extension

Improvement & Extension

Home Improvement Loan

Centrum offers loans for renovation of an existing space for a more comfortable environment and a better quality of living. Home Improvement Loan facilitates internal and external repairs and other structural improvements in existing homes.

Loan Amount

Minimum Loan Amount : 2 Lakhs
Maximum Loan Amount : 10 Lakhs

Loan Tenure

Maximum Tenure: 120 months

Interest Rate
CHFRR: 18.25%
Customer TypeInterest Rate
Formal Salaried10.49% to 13.50%
Formal Salaried + Self Employed / Informal Salaried11.00% to 13.99%
Self Employed11.49% to 14.50%
Self Employed + Informal Salaried12.00% to 14.50%
Informal Salaried12.49% to 14.99%

Home Extension Loan

Home Extension Loan facilitates the extension of an existing home, be it an additional room, a larger bathroom, or even enclosing an open balcony, etc.

Loan Amount

Minimum Loan Amount: 3 Lakhs
Maximum Loan Amount: 60 Lakhs

Loan Tenure

Maximum Tenure: 240 months

Interest Rate
CHFRR: 18.25%
Customer TypeInterest Rate
Formal Salaried10.49% to 13.50%
Formal Salaried + Self Employed / Informal Salaried11.00% to 13.99%
Self Employed11.49% to 14.50%
Self Employed + Informal Salaried12.00% to 14.50%
Informal Salaried12.49% to 14.99%