Upgrading your house is not just a symbol of status quo but also a necessity. With a growing family and changing needs, your house needs to improve as well. A house is only the brick & mortar structure, it becomes a home when it can accommodate and provide for the needs of each family member. Arranging for funds will be the biggest challenge that you will face during home improvement and you should not let the lack of capital deter your zeal.
For readers who want to get it right in the first attempt, home improvement requires attention towards planning, selection of materials and hiring the right specialists. We look at some home improvement tips which can make your home a sight of envy to your neighbors and help convert your house to the Home of your Dreams.
Home Improvement Tips
We get many salaried individuals on our platform who apply for an online personal loan with Loan Singh to upgrade their homes. These home improvement tips are quite generic and will help anyone – irrespective of house structure and capital required.
Prepare a mental picture about what color theme you would like to add, the placement of objects, would you need any reconstruction done to create space for new furniture, placement of new ornaments, etc. This mental picture will enable you to prepare a cost structure along with your interior designer. There has to be a plan otherwise your expenses will explode. List your priority areas for improvement. Maybe, start-off with the living room, then proceed to bedroom, then to the kitchen, etc. Choose a simplistic theme and don’t always rely on the input of the designer.
Trying a DIY approach for things like raw materials, plasters, paints, etc. could be challenging unless you have the correct skill sets or prior experience. Read reviews, consider multiple options to find the correct contractor or developer who fits in your budget and promises efficient delivery. Although professionals will do what they do best, ensure you share firm requirement and budgets and keep a regular check on both.
Space the rooms properly. Try keeping comfortable spacing for closets and lofts in rooms to store old stuff. Design proper hallways that connect one part of the house to another. Keep enough space for a study and a recreation room (for movie nights with family). Keep in mind that remodeling is all about spacing. You need the extra space for a family gathering or uninvited guests.
Try using big mirrors, aquariums, bronze sculptures, antique artifacts, and green plant vases add to the beauty and splendor of your home.
Chandeliers give your home a royal look. The lights used in them should be warm. A cool tip is to have a regulator for changing the brightness of the chandelier. See through curtains allow natural light to keep the house illuminated while shapely curtain holders give it an urban look. The curtains should preferably be of cotton.
The last yet crucial element in remodeling is the Paint. The new color should be fresh and vibrant without being gaudy. The tones should complement the ceiling and the walls. Flooring made of wood which are painted in dark color tones make the interiors in your home standout.
Improve the finish of shelves, cutlery drawers, tools cabinet, etc. Make sure the remodeling of the house does not cause disarray towards water supply and sewage connections. You must keep everything simple without compromising on the proper structure of the primary construction. The bathroom also needs your kind attention. There is a saying that “A beautiful home begins from a beautiful bathroom”. Use enameled basins, toilets and flush. Keep the flooring polished and use glass for cubicles.
Certain common ideas are bound to come in from your designer. But if you keep in mind the above mentioned tips, you can be wiser in making decisions and have an edge during the house warming party J
Home Improvement Loan
There is nothing better to fund your home improvement, than a personal loan. Personal loans are unsecured loans that are availed to meet these exact fund requirements. As it is an unsecured loan, it does not require any collateral.
The best place to get a really quick and easy personal loan is a digital lending platform – such as Loan Singh. Traditional banking solutions would take up to weeks to disburse your personal loan request. For a personal loan, the borrower’s creditworthiness determines if he/she can repay the loan EMIs regularly and, that too, without straining his/her daily living. Your credit report acts like a gauge for Loan Singh. It shows how prompt you have been in your previous credit responsibilities and how trustworthy you are.
Your credit score indicates how prompt you have been with your past credit obligations. Availing a personal loan via Loan Singh is advantageous because of the complete online process and minimal involvement of paperwork. So, no time is wasted in cross verifying any paperwork. The personal loan amount, along with interest rate, is calculated for the entire tenure, and in case you want to clear-off the loan before tenure completion, no prepayment penalty is levied by Loan Singh. The idea is to not strain you with credit, but to make sure that your salary and savings permit you to avail credit. Loan Singh is perfect because of
Swift processing – At Loan Singh, everything from application to disbursement happens online. With only Aadhaar, PAN and Bank statement/netbanking credentials, you can apply for a personal loan and pay for your emergency requirements.
No collateral – Having no collateral requirement gives a personal loan an advantage over the secured loan. Even if you do not own any assets, you can at least get funds from Loan Singh.
Multiple purposes – A personal loan can be availed for a number of purposes such as purchase of household appliances, electronic gadgets, purchase of gold, holiday travel, home improvement, job relocation, medical expenses, home renovation, purchase of second hand vehicles, marriage, etc.
Loan amount and tenure – The loan amount for a personal loan at Loan Singh can range from Rs.50,000- Rs.5,00,000. The repayment is done via EMIs, with interest rates on reducing balance method. The personal loan tenure can be from 3 to 36 months.
Being Loan Singh eligible
Before you begin the quick and easy application process at Loan Singh, check the following eligibility criteria required for a personal loan.
To avail a personal loan from Loan Singh, you need to be a salaried individual with a monthly salary of minimum Rs.15,000.
Loan Singh looks at your credit score, to evaluate your creditworthiness, before approving the loan. A credit worthy borrower is someone who has been prompt in his/her previous loan EMI payments, maintains a good credit utilization ratio, has been paying his/her credit card bill on time and has never overspent over the credit card limit. If you have never availed of a loan before, you will have no credit history. In that case, you need to be salaried for at least 3 months to be eligible for a loan at Loan Singh. The lower your credit score, the lower your chances of being eligible for a personal loan.
You need to be at least 21 years of age to be considered eligible for availing a personal loan with Loan Singh. As mentioned above, you must be of Indian nationality and salaried, as well.
You need to have a stable monthly income. A good budget is advised to avoid times when you might find it hard to pay-off the loan EMIs.
Application process at Loan Singh
Not only is personal loan the best alternative for quick funds, Loan Singh’s quick and easy application process also helps you get the funds you need for any financial emergency. The process to get an easy and quick loan with Loan Singh is mentioned below:
If you find yourself fitting Loan Singh’s criteria, log on to www.loansingh.com and apply for an online personal loan. You will need to keep your Aadhaar, PAN and bank details handy. Here is how the process goes.
Get started page – Select ‘PERSONAL LOAN’ from the dropdown and enter the loan amount with the desired repayment tenure.
Registration page – Add your contact number, personal email ID, and corporate email ID
Profile page – Fill in your name, gender, Father’s name, number of dependents, and PAN details. We use your PAN Card Number to check your Credit Score.
Address page – Choose your type of residence, and mention your street address, city, state and pin code.
Job profile page – Mention your current designation, total work experience, company name, highest qualification, last institution attended, and monthly salary.
Financials page – Upload your latest 6 months bank statement (in PDF format) either from your computer, GMail account or net-banking account directly. Our net-banking partner is ISO 27001 (2013 standard) certified & provides services to multiple banks, as well.
Auto debit page – Provide permissions to your bank name, account number and IFSC code so that Loan Singh can auto debit the EMI amount from your account every month. This way you don’t need to set reminders or miss out on any loan EMI payments.