Tag: home loan

Posted in Finance

Things To Know Before You Opt For Home Loan Balance Transfer

The significant expense of land in India implies that to be a mortgage holder, you normally profit an advance. What is a home credit? It is an advance you take for your lodging needs, for example, to purchase a level or buy land. You can apply for a home credit to buy an individual or business property.When taking the home advance, you contract your property to your bank. Every month, you reimburse a bit of the home credit, with interest,…

Read Full Article
Posted in Finance

How can you use a Home Loan EMI Calculator Online for your

Home loans are typically high-value credits with long tenors extending up to 20 years or more. Therefore, it is fair to say that availing a credit to purchase a house is equivalent to taking up a significant financial burden. Careful planning is imperative to manage it over the tenor without any hiccup. In this regard, a home loan EMI calculator online can help prospective home buyers with their planning. Also, using it, borrowers can find their ideal loan offer sans any delay….

Read Full Article
Posted in News

What are the Benefits of Using a Home Loan EMI Calculator?

Thinking of planning to purchase a home? A home is always a dream of every Indian that fulfills your status and offers you security. However, a home needs a very huge investment and maybe a good amount from your salary every month. A home loan helps you give support to your home purchase and offers you an easy purchase. Since it is a big investment, you must consider good planning to go well with it. Whenever it is about calculation,…

Read Full Article
Posted in Finance

How we can claim tax benefits on a top-up home loan?

A standard home loan offers tax advantages such as a deduction of up to Rs. 1.5 lakh on principal repayment according to section 80C of the Income Tax Act and up to Rs. 2 lakh on interest paid according to section 24 in a financial year. Even, you can claim tax incentives if you have taken a top-up on your home loan. But before we know what home Loan tax benefit you can be entitled to, first our attempt should be to…

Read Full Article