Does Home Improvement/renovation Loan qualify the same benefits for Income tax Ddn as that of a Home Loan?

In most cases, if you use the full amount of the loan to improve the house, your total debt is below a certain (fairly large) amount, and you are currently living in the house, similar rules apply for using the mortgage interest as a tax deduction.
if the loan is against the house, if the home secures the loan if the home is colloidal for the loan then yes