When applying for a loan for house decoration, the amount of decoration loan that can be applied for is mainly divided into the following two situations:

1. The maximum bank personal decoration loan does not exceed 150,000.

When an individual applies for a home decoration loan from a bank, the maximum loan amount that an individual can apply for is generally 150,000. At the same time, when applying for a decoration loan, the applicant also needs to prepare a certain amount of funds.

2. Credit card home improvement installments can reach up to 200,000.

Currently, many banks can handle credit card home improvement installments. Individuals can apply for credit card home improvement installments, and the maximum loan amount they can handle can reach 200,000. However, the specific amount depends on the applicant’s personal qualifications and repayment ability.

Home improvement loans, also known as decoration loans, refer to personal credit loans launched by banks or consumer finance companies for the purpose of home decoration, that is, unsecured credit loans. In principle, the single loan amount of personal housing decoration loans issued by banks shall not exceed 150,000 yuan, and shall not exceed 50% of the total cost of the decoration project.

There are two types of loans and a credit card installment form that you can apply for for home improvement loans. The details are as follows:

1. Apply for a personal credit loan for decoration;

2. Personal consumption loan and renovation loan. The consumer loan here refers to a certified mortgage loan, that is, a consumer loan that is mortgaged and applied for using real estate;

3. Credit card home improvement installment;

4. Consumer finance company loan In addition to the traditional route of bank loans, loans from consumer finance companies are also one of the options.

There are currently two types of loans and one credit card installment form that you can apply for for renovation loans, as follows:

1. Apply for a personal credit loan for renovation

Credit loan It is unsecured and unsecured, but more than half of the credit loan products on the market have very high requirements for consumers, or have high asset certification thresholds, or only people in specific industries, VIP customers, and senior company managers can apply. The applicant’s job nature, industry, income status and other details must be strictly examined. Personal credit loan products from banks such as Bank of Ningbo, Bohai Bank, Standard Chartered Bank, and Citibank are more popular among consumers. The credit loan limit of these banks is generally 5-8 times the monthly income, and of course the interest rates will be higher.

2. Personal consumption loans and decoration loans

The consumer loans here refer to certified mortgage loans, that is, consumer loans that are mortgaged and applied for using real estate. Since many banks carry out this business, consumers have a relatively large range of choices.

However, each bank has different requirements for the housing price, age, and area of ??the mortgaged property. Consumers must do enough homework before applying. If you own one or more properties, you can try to apply. Not only will you get a larger loan amount, but the term will also be longer. However, the specific loan amount depends on the bank's review of the consumer's personal qualifications and property status (geographic location, housing price, property area, and age of the property).

3. Credit card home improvement installments

In order to better meet consumers’ home improvement installment needs, some banks have launched the credit card home improvement installment business, targeting people living in large and medium-sized cities. Just now People who are buying a new home, have no money to renovate it, and have a good credit record. The general limit is 100,000-200,000, and the maximum installment limit for individual products is 500,000. However, one thing to note is that applicants are required to be civil servants, teachers, regular employees of banks, or middle and senior managers in companies with a registered capital of more than 30 million yuan. Generally, the home improvement installment period is 12 months, 24 months, and the longest is 36 months.