Want to save money on your home loan after RBI increased repo rate by 2.5% from last year? 😵‍💫

Here is how you do it!🫡

- Claim 1.5 lakhs as deduction in principal amount repayment under 80 C
- Claim 2 lakhs as deduction for interest amount paid under section 24 (B) ( can even claim processing fees)
- Take a joint home loan to double the tax benefits (this can be any immediate family member like parents, siblings, children or spouse) considering both are earning members and have insurance.

You can save 2 lakhs if you are in the 30% tax bracket by deducting these from your taxable income!

Will share tips on how to repay home loan faster in upcoming videos so do follow along! 🙌🏼
.
.
#homeloan #loanservices #personalfinancetips #personalfinance #financetips 
#Money #MoneyMatters #HipiMoney #HipiFinance #HipiFunds #FinancialTips #HipiFinance #FinanceonHipi 

Money

moneymatters

FinancialTips

personalfinancetips

personalfinance

hipimoney

loanservices

HipiFunds

FinanceonHipi

financetips

HipiFinance

HomeLoan

shreyaakapoor1712317626197