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Axis Bank Loan Against Property Online and Offline: Check Status and Know Eligibility and Required Documents in 2024
For people requiring significant money for personal or company use, a loan against property is excellent as it is guaranteed by putting home or commercial property as collateral. Axis loan against property is one of the most sought-after choices for funding against property as it has a re
Written by Prakhar Sushant
Published on November 3, 2024
Canara Bank Loan Against Property Online and Offline: Interest Rates, Eligibility and Documents in 2024
A loan against property (LAP) is a secured loan where you pledge your residential or commercial property to secure funds for personal or business needs. Canara Bank Loan Against Property offers a convenient way to leverage your assets and access high-value loans at attractive interest rat
Written by Manu Mausam
Published on November 3, 2024
Claiming Home Tax Benefits on Home Loan in 2024: Eligibility, Documents, and Deductions to Maximize Your Savings
Tax Benefits on Home Loans in India include deductions of up to ₹1.5 lakh under Section 80C for principal repayment and up to ₹2 lakh under Section 24(b) for interest on self-occupied properties. First-time buyers can also claim an additional deduction of up to ₹1.5 lakh under Section 80E
Written by Kruthi
Published on November 2, 2024
₹10 Lakh Home Loan EMI: Eligibility, Required Documents, Interest Rates & Calculations for 2024
When considering a 10 lakh home loan EMI, it’s essential to understand the factors that affect your monthly payments. With interest rates starting at 8.5% and loan tenures ranging from 5 to 30 years, knowing how these elements impact your EMUI can help you plan better. Processing fees var
Written by Priyanka Saha
Published on October 30, 2024
What is Lease Rental Discounting (LRD)? Eligibility and Application Process Explained
Lease Rental Discounting (LRD) is a loan against a property's rent receivables. It allows property owners or tenants to unlock their property's or rental lease's financial potential by providing them with funds in exchange for the rent receivables. The LRD loan amount depends on the month
Written by Siri Hegde K
Published on October 17, 2024
3 Crore Home Loan EMI With Calculator And Interest Rates 2024
Embarking on the journey of owning your dream home with a 3 crore home loan EMI for 20 years is a significant financial commitment. This endeavour demands meticulous planning and an understanding of the nuances involved. For those eager to commence their journey towards homeownership with
Written by Priyanka Saha
Published on October 16, 2024
Principal Amount of Home Loan: Meaning and Calculation with Examples in 2024
The Principal Amount of a Home Loan is the original sum borrowed from a lender, excluding interest. It's the amount on which interest is calculated. For example, if you borrow ₹50 lakhs, that’s your principal. As you repay the loan, the principal decreases, while interest is charged on th
Written by CA Akshay Attal
Published on October 16, 2024
15 Lakh Home Loan EMI With Calculator and Interest Rates 2024
Buying a home can be challenging, especially when understanding the financial intricacies. To make matters easier, you can choose a Rs. 15 Lakh home loan EMI in 30 days, with an easy monthly payment of ₹11,428. This a
Written by Priyanka Saha
Published on October 16, 2024