[ad_1] What tax benefits can I claim on my home loan under the current rules? Can tax deduction be claimed on both principal and interest payments? How much can I save on taxes if I have a joint home loan with my spouse? Do I lose tax benefits if I rent out the property instead…
[ad_1] The Reserve Bank of India (RBI) has recently reduced the repo rate twice in 2025. First it was reduced to 6.25% in the month of February and then to 6% in the month of April. This has created a fairly reasonable opportunity for all home loan borrowers to try and explore refinancing options. Now…
[ad_1] The Reserve Bank of India (RBI) has recently reduced the repo rate by 50 basis points. This gives the home loan borrowers a timely chance to recheck, replan and decide on their repayment strategies. In such a case lowering your Equated Monthly Instalments (EMIs) can immensely ease your financial burden and result in significant…
[ad_1] Bank of India has announced to cut its home loan interest rates, offering relief to new as well as existing borrowers. With this change, the home loan rate stands reduced from 8.10 per cent per annum to 7.90 per cent per annum based on their credit score. This move is aimed at making home…
[ad_1] I took a housing loan from HDFC in 2022 to purchase a Flat and have been claiming a rebate on the Interest component under Sec 24 and the Principal Component under Sec 80C while filing IT Returns. The Interest component was around ₹1.75 lakh for the last financial year. I have taken another loan…
[ad_1] If you are planning to buy a house and wondering where to raise a home loan from, then it is recommended that you compare the interest rates charged by different banks before taking a call. It is noteworthy that the rate of interest is a key factor, but not the only one which is…
