Thinking of applying for a home loan anytime soon? You should definitely compare the prevailing interest rates in the market prior to applying. It is very important to compare and check interest rates being offered by several banks and NBFCs before applying. Since this is a long-term financial commitment, you will naturally want your monthly […]
Archives
Learning more about home loan tax deductions
There are several income tax sections which fall in categories where one can easily claim expense and investment deductions in a specific financial year. Deductions such as these are of immense help when it comes to lowering one’s own tax liabilities and overall taxable income. In many situations, there is a lock-in period which is […]
Pre-2016 home loan borrowers to have cheaper loans
Those who applied for home loans a long time earlier can now expect a bit of good news. People who took home loans prior to April 2016 can now get the benefits of a lower marginal cost of lending rate. This is because banks have been directed by the Reserve Bank of India (RBI) for […]
