Benefits on Home Loan for women
As a woman, if you apply for a Home Loan as a sole owner or a co-applicant, you can avail of a range of benefits on that loan. Read further to know more.
Save tax on your income by taking a home loan! You may claim deductions in your income tax against principal and interest payments that you make towards repayment of your home loans. The type and amount of income tax deduction available against repayment of Home Loan is governed by applicable Income Tax Laws of Government of India.
A balance transfer is a process of moving your Home Loan from one bank to another for better interest rate and other benefits. Often, due to the rising expenditures and inflation, borrowers have to face high-interest rates.