Key Features:

Lower Interest Rates: Home improvement loans often come with lower interest rates compared to other types of loans like personal loans, making them a more affordable option for financing renovations. 
Flexible Repayment Options: You can choose a loan tenure and repayment plan that fits your budget and needs, with some lenders offering flexible options like fixed or floating interest rates. 

Benefits:

Tax Deductions: In some cases, the interest paid on a home improvement loan may be eligible for tax deductions, potentially reducing your overall tax liability. 
Improved Living Conditions: Home improvement loans can fund projects that enhance your home's functionality and aesthetics, leading to improved living conditions.