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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

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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

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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

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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

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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

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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

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₹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

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₹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