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Do home repair loans have tax advantage?

I am planning to repair my home, because it was constructed 7 years ago and now badly need repairing. I need to change the windows and doors. The walls of bathroom and bedroom need to repair as there are some holes in them. The floor will be covered by carpet and many more. So I need to get a home repair loan. But before that, I want to know that does the Tax benefit extend to the loan taken for such Home repairs? Which Bank is best in terms of Rate of Interest and service/flexibility?

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Dr Prem Jagyasi and Team

Dr Prem is an award winning strategic leader, renowned author, publisher and highly acclaimed global speaker. Aside from publishing a bevy of life improvement guides, Dr Prem runs a network of 50 niche websites that attracts millions of readers across the globe. Thus far, Dr Prem has traveled to more than 40 countries, addressed numerous international conferences and offered his expert training and consultancy services to more than 150 international organizations. He also owns and leads a web services and technology business, supervised and managed by his eminent team. Dr Prem further takes great delight in travel photography.

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