Get Home Loan Offers
A maximum of 5 providers will compete to give you the best rates (Feb 2012)
Home Loans of over Rs. 4,140.27 crores applied for in 2012 (Last Updated on 10 Feb 2012 2:02 AM)
Loan Details

 

 

Yes No    

 

Preferred Banks
  •  Best 5
  •  SBI
  •  ICICI BANK
  •  HDFC
  •  AXIS BANK
  •  LIC HOUSING FINANCE
  •  KOTAK BANK
  •  FIRST BLUE
  •  INDIABULLS
  •  HSBC
  •  CITIBANK
  •  DHFL
Personal Details

 

 

 

 

 

 

I authorize ApnaPaisa and its partner providers to call or SMS me in connection with my application & agree to the Privacy Policy and Terms of use

Tax deduction benefits on Top-Up Loan Repayment

Tax deduction benefits on Top-Up Loan Reapyment will be available only if used fro construction and accquisition

Apnaloan.com Research Bureau

10 Aug 2007

I have switched banks after paying pre-closure charges to my lender. I have obtained an additional loan (top off loan) from the new lender. This top off loan will be used for making furniture for the house. Will tax benefits be available on the repayment of this top off loan? 

The repayment of the top off loan (since it has not been used for acquiring/constructing/repairing/renewal/reconstructing the house property), is not eligible for any tax benefits.

For more information on Home Loans click here