Tag: home loan interest rate

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,…

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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…

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