Home Loan Features & Benefits Service Provider in Noida
Low Interest Rates: Banks and financial institutions offer reasonable and attractive interest rates to make home loans more affordable
Flexible Loan Tenure: Home loan repayment period usually extends till 30 years, giving you a benefit of lower EMIs and a greater flexibility of repayment
Annual Tax Benefits: Claim a total tax deduction of about Rs. 5 lakh on the principal and interest components of your housing loan (under section 80C, 24b and 80EEA)
Your detailed guide to home loan tax benefits
Interest Subsidy under PMAY: First-time homebuyers can save up to Rs. 2.67 lakh on interest through Pradhan Mantri Awas Yojana (Urban) Credit Linked Subsidy SchemeCheck Your PMAY Eligibility
Home Balance Transfer Facility: In home loan balance transfer, you can refinance your existing home loan to another lender offering lower interest rate or better loan terms
Top-up Loan Facility: In top-up loan facility, you can borrow additional sum over and above your existing home loan and use it for any personal or business purposes
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