Want us to help you with anything?
Request a Call back

This field is required Only alphabetes are allowed
This field is required Only alphabetes are allowed
Please enter valid number
Please enter valid email
Please select product type
Please enter valid pincode

Thank you for your request.

Your reference number is CRM

Our executive will contact you shortly

While a new loan does add to the burden of loan repayment, does it really impact your existing goals and disrupt your financial groundwork? With tax benefits on Home Loans and smart money management, your financial plans may not be interrupted at all.

Decide on the financial goals you would want to prioritise:

Taking account of your income, debts and expenses will come in handy, while fixing the budget for your Home Loan and other financial goals. Additionally, you would need to consider the expenses that you will incur on your own family or if you face sudden medical emergencies.

Based on your income, you can allocate funds towards Insurance, Mutual Funds, savings, miscellaneous spending, while maintaining a cash flow for day-to-day expenses. A Home Loan may help you save for the future and efficiently meet your financial goals, simultaneously.

How can you reduce your financial obligations with the help of a Home Loan?

  • With a longer repayment tenure, the monthly EMI will be less and you can save up for other financial requirements

  • Buying a home that is ready for possession on a low-interest EMI home loan, starting @6.70% offered by ICICI Bank, can conserve funds that would otherwise have been utilised towards paying rent. This means that your financial goals stay unaffected by loan repayment

  • A home loan can give you a tax benefit annually, as it is eligible for tax deduction under section 80C. With a joint Home Loan, you can save up to Rs 2 lakh annually on your taxes.

How does one ensure that their financial plan is on track?

Your existing financial goals can also be met by investment in dividend return instruments, like Mutual Funds and stocks at the same time, which in turn help increase your net worth. For more information on balancing Home Loan payments and other goals for financial management, visit our website today.

Know More Apply Now


For disclaimer, Click Here.