Once you take a home loan, you need to repay the loan amount monthly or annually. The amount repayable can be divided into two sections- the original amount and the interest rate charged on your home loan.
However, the Government has implemented several policies for individuals to enjoy several tax benefits on their loans. These tax benefits and the amount these can waive depend on the loan amount and the kind of loan you take.
Thus you need to know about tax benefits and their policies to enjoy them with your loan. Here are some crucial factors you need to know about home loan tax benefits.
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