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Financial Video

Loan

Home Loan

Considering the huge amount and the long tenure involved, a home loan is surely a liability. But it also offers you some benefits.

Buying a home is a big step. It is a source of anxiety, frustration -- and a huge sense of accomplishment. With the zooming property rates, it is difficult a buy a home through our savings entirely. Almost all of us have a to avail a home loan. 

Buying a home is one of the biggest financial investments you may make in your lifetime; and that's not just because of the sentimental value. The sum that most of us sink into our home does make it the largest component of our investment portfolio!

Usually, a home loan is one of the biggest liabilities. Considering the huge amount and the long tenure involved, However your home loan also offers you some benefits. The below points highlights the advantages of taking a home loan.

Sense of accomplishment

Tax Benefit on Interest paid

Tax Benefit on Principal Repayment