Is It Good to Take Home Loan to Save Tax in India?
Posted on Wednesday, May 8th, 2024 |
Summary: With features such as flexible tenure and high loan amounts, home loans are ideal for purchasing or constructing a house. Home loans in India also offer borrowers tax savings under the Income Tax Act, 1961. Borrowers can claim tax deductions on the principal repayment, interest repayment, and stamp charges under different sections of the…
Read moreHow Much Home Loan Can You Get Based on Your Salary?
Posted on Tuesday, May 7th, 2024 |
Summary: A home loan is a secure and convenient way to purchase your dream house. To determine your home loan amount, lenders consider your salary and job stability. The amount is also influenced by factors like age, credit score, existing liabilities, and property value. Choose IndusInd Bank for favourable terms to achieve your homeownership dreams…
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