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Benefits of Availing a Home
Loan
1. An accomplishment - Take a Home Loan and
accomplish the dream of owning your own house.
2. Capital appreciation - Cost of land and construction
increase over the years. Purchase a home now as
interest rates are at their lowest right now.
3. Interest rate benefits - Today, Home Loan can be
availed at an interest rate of as low as at 8.40%.
4. Tax benefits - As per Income Tax Act 1961, you get a
deduction of Rs. 1.5 Lakhs towards repayment of interest
(2 Lakhs for women) and up to Rs. 1 Lakh on repayment of
principal amount of the Home Loan.

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Benefits of availing a home loan

  • 1. Benefits of Availing a Home Loan
  • 2. 1. An accomplishment - Take a Home Loan and accomplish the dream of owning your own house. 2. Capital appreciation - Cost of land and construction increase over the years. Purchase a home now as interest rates are at their lowest right now.
  • 3. 3. Interest rate benefits - Today, Home Loan can be availed at an interest rate of as low as at 8.40%. 4. Tax benefits - As per Income Tax Act 1961, you get a deduction of Rs. 1.5 Lakhs towards repayment of interest (2 Lakhs for women) and up to Rs. 1 Lakh on repayment of principal amount of the Home Loan.