Read onto this Finance Buddha blog, to know more information on Tax Benefits on a Second Home Loan in India.
Home Loan schemes come with simple eligibility criteria, the lower interest rate for women, no EMI till possession and several discounts in the offer period. However, here’s a detailed discussion on the benefits of taking a home loan in current laws which has made it a popular choice for the borrowers.
It is a fact that homes are generally bought on finance from different banks and housing finance companies. These companies charge an interest rate against the lending. Customers, for repaying the borrowed amount, pay the applicable EMIs to the lenders… Continue Reading →