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Home Loans |
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Home, sweet home, built out of your dreams. A place where
you return after a hard day's work and relax, a place where
you share precious moments with your family. A place that
gives you a sense of belonging. Equitree Housing Finance
Company helps you realize your long cherished dream of
owning your home through hassle free and customer friendly
home loans.
Presenting the home loan you have been looking for. We
realize what owning your home means to you and your family.
You can avail of the Home Loans purchasing a ready built
house/flat, residential plot and even for re-financing
existing loans you may have availed from other banks or
housing finance companies.
The benefits of taking a Home Loan.
The income tax authorities look with favor upon those
servicing a housing loan from specified financial
institutions. And, it is up to you to be wise enough to take
advantage of this.
Let's start with Section 24 of the Income Tax Act.
Interest paid on capital borrowed for the acquisition,
construction, repair, renewal or reconstruction of property
is entitled to a deduction. Rs. 1,50,000 is the maximum
amount eligible for deduction in the case of self-occupied
property and for Rented out property there is no limit of
amount of deduction.
That brings us to Section 80C of the Income Tax Act.
You get a maximum Rs.1,00,000 deduction from the Income, on
repayment of principal during a financial year. Stamp duty,
registration fee or other such expenses paid for the purpose
of transfer of such house property to the assesses is also
considered under this amount.
Key Features of Home Loan
- Attractive Interest Rates.
- Tenure can range upto 20
years for Housing Loan.
- Easy Monthly repayment
mode.
- Loans to salaried and self
employed.
- Borrow home Loan upto
Rs.50 Lacs and for commercial property upto Rs.40 lacs.
- Insurance Option available
for your house loan.
- Speedy Loan Approvals
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