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 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
Ways to Reduce your Home Loan EMI I have a home loan from LIC Housing Finance. Recently I got a mail from them stating they are increasing the Home Loan Interest Rates and my EMI would increase marginally. I am checking various ways where I can reduce my home loan EMI now. While I am … Continue reading 6 Ways to Reduce your Home Loan EMI
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?
Best Home Loan Interest Rates in 2018 in India RBI has not changed Repo rate in the last 2 quarterly reviews. Banks and financial institutions has reduced home loan rates to below 8.5% now. This is really good news for home loan seekers. However one should consider best home loan rates in 2018 along with … Continue reading Best Home Loan Interest Rates in 2018 in India
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?
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
Features of YES Bank Khushi Home Loan Scheme YES Bank offers Khushi Home Loan Scheme with a Tag line “affordable housing” where one can get a home loan even with just Rs 9,000 per month income. It is immaterial whether you get such income in cheque or cash, however bank offers home loans to you. … Continue reading 8 Features of YES Bank Khushi Home Loan Scheme
Should you buy your dream home by taking a home loan? Planning to buy your home is probably the biggest decision you will make in your life. While you may not have the entire amount to buy your home now, you may need to plan and take the right home loan. There are many questions … Continue reading Should you buy your dream home by taking a home loan?
Best Home Loan Interest Rates in 2016 RBI has reduced the repo rate in the last few quarters and banks have continuously reduced bank fixed deposit rates. However, they are slow on reduction of home loan interest rates. Last month, I purchased a Plot and was inquiring about latest home loan interest rates. I felt, … Continue reading Oct-2016 – Best Home Loan Interest Rates in 2016