1 / 7

The Dos And Don’ts For housing loans in India Prepayment

Best home loan rates - Get instant New Home Loan form HDFC for purchase of a flat, row house, bungalow from private or govt development authorities approved projects<br>http://www.hdfc.com/housing-loans/home-loans/for-new-homes-salaried<br>

Alexgoldjason
Download Presentation

The Dos And Don’ts For housing loans in India Prepayment

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Housing Loans in India

  2. The Dos And Don’ts For housing loans in India Prepayment

  3. Before you start thinking about what to do and what not to, here are a couple of questions you need to ask yourself: • How old is my Home Loan? • How much tax am I saving? • What’s the rate of interest? • Am I finding it difficult to manage my EMIs? • What’s the return I could get by investing the surplus cash in a good instrument?

  4. Dos • Choose your loan wisely • Know your budget • Pay steady EMIs • Prepay as early as you can • Carry all relevant documents along

  5. Don’ts • Calculate the benefits beforehand • Don’t overlook the tax benefits of the loan • Don’t prepay the entire loan amount • Don’t forget to get an acknowledgment for your payment • Don’t forget to collect unused cheques from the bank Source: Source: https://blog.bankbazaar.com/the-dos-and-donts-of-a-home-loan-prepayment/

  6. Click to know more on housing loans in india http://www.hdfc.com/housing-loans/home-loans/for-new-homes-salaried

More Related