Tag Archives: Home loans

How to claim Rs 1.5 Lakhs Home Loan Interest Deduction u/s 80EEA under the Affordable Housing Scheme in 2021-22?

How to claim Rs 1.5 Lakhs Home Loan Interest Deduction u/s 80EEA under the Affordable Housing Scheme in 2021-22? With a continued focus on “Housing for all”, Govt of India has floated an affordable housing scheme earlier in 2019, which provides Rs 1.5 Lakhs additional interest deduction u/s 80EEA. This scheme is now extended to … Continue reading How to claim Rs 1.5 Lakhs Home Loan Interest Deduction u/s 80EEA under the Affordable Housing Scheme in 2021-22?

LIC Housing Finance Offers Home Loans @ 6.9% – Features and Hidden Factors

LIC Housing Finance Offers Home Loans @ 6.9% – Features and Hidden Factors Few days back, mortgage financier, LIC Housing Finance (LIC HFL) has announced that it would provide housing loans at 6.9% which is the lowest in India. LIC Housing Finance says that due to reduction in repo rate by RBI and to create … Continue reading LIC Housing Finance Offers Home Loans @ 6.9% – Features and Hidden Factors

SBI Repo Rate Linked Home Loans – Should you really opt this?

SBI Repo Rate Linked Home Loans Review Recently SBI indicated that it would launch Repo Rate Linked Home Loans w.e.f. 1st July, 2019. Generally we all are cribbing that if there is rate cut by RBI, such benefits are not passed to customers who are either availed loan or who are planning to take home … Continue reading SBI Repo Rate Linked Home Loans – Should you really opt this?

How to get Home Loan Interest Subsidy upto Rs 2.67 Lakhs under PMAY Scheme?

How to get Home Loan Interest Subsidy upto Rs 2.67 Lakhs under PMAY Scheme? Who does not dream to have a beautiful home? However, the real estate prices has been sky rocketing for the past few years. Due to demonetization, real estate prices in some of the cities are stagnant. With Govt. of India initiaitive … Continue reading How to get Home Loan Interest Subsidy upto Rs 2.67 Lakhs under PMAY Scheme?

3 Ways to get Maximum Income Tax Benefits from Home Loans u/s 80C, 24 and 80EE

Ways to get Maximum Income Tax Benefits from Home Loans u/s 80C, 24 and 80EE Many of us might not aware about the maximum benefits which can be available through home loans. You might be planning to buy your first house by taking home loan.  One might be looking to buy a buy home loan … Continue reading 3 Ways to get Maximum Income Tax Benefits from Home Loans u/s 80C, 24 and 80EE