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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
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
₹55 Lakh Home Loan EMI for 5 to 30 Years: Document Required, Calculation and Interest Rates in 2024
Home loan is crucial for buying a home and ensuring long-term stability. Knowing the details of 55 lakh home EMI is crucial for making informed decisions while applying for a home loan. The home loan interest rates start from 8.35% -12.5%, depending on the lender. A Rs 55 lakh housing loa
Written by Krishnanunni H M
Published on October 15, 2024
₹32 Lakh Home Loan EMI for 5 to 30 Years: Document Required, Calculation and Interest Rates in 2024
The ₹32 Lakh home loan can help investors buy their dream house and manage their finances effectively. The standard interest rate ranges from 8.35% to 12.60% for five to thirty years home loans. The loan amount and duration are used to compute the EMI. For instance, the EMI will be around
Written by Simon Ghosh
Published on October 9, 2024