Yes, availing tax benefits in the same financial year can help you save on your taxes considerably. However, this is possible only if the rent agreement is in your name and you service home loan for another property. Both properties can be in the same or different cities.
28 March 2019 – On Thursday, ICICI Bank launched two instant home loan products – Instant Home Loan and Insta Top Up Loan.
As the general elections are going to be held in April and May 2019, the Government has started initiating on providing affordable housing to the MIG (Medium Income Group) segment of the society. Recently, Government also announced to cut down the GST rates in the real estate sector to boost the housing demand. This GST…
SBI Slashes Home Loan Rates by 5 Basis Points and SBI Reduced Home Loan Balance Transfer Processing Fee to Zero.
The tax benefits on Top-up loan include a deduction of up to Rs. 1.5 lakhs on the principal repayment under section 80C. However, if the property is sold within 5 years, the tax benefit will be overturned. The second benefit is a deduction up to Rs 2 lakhs on the interest paid under section 24 of the Income Tax Act in a financial year
What is Khata? What is A Khata? What is B Khata?, Difference between A Khata & B Khata. Features and benefits of Khata, How to apply for a Khata?
When in financial need people look for loans, but because of lack of knowledge they don’t know which loan type they should go for? Which one is best for them? Home loan Top up or personal loan? Financial emergency or monetary urgency are some of the unavoidable situations that generally trap most of us because…
Piramal Capital & Housing Finance Ltd. (PCHFL) has recently introduced their customized home loan product named as ‘AdvantAGE’. This home loan product enables its customers to take parent-child joint home loan.
How much amount of home loan you are eligible for? How to increase your home loan eligibility? Here are the tips to enhance home loan eligibility.
Looking for home loan with low credit score? Here is what you need to know for availing home loan with low credit score.