Plan Your Investment » Home Loans

Tax Exemptions on Home Improvement Loans

krishnas — Sun, 06 Jun 2010 05:03:10 +0000

Introduction In this article I will be writing about the tax exemptions for the home improvement loans. I have written many articles related to the home loans and income tax benefits. There are two sections talking about the home loans and tax exemptions related topics. One is Section 80c (Home Loans Principal Payment) and another [...] Related posts:

Home Loans Interest Rates will be increased

krishnas — Thu, 11 Mar 2010 07:00:58 +0000

It is time for the home loans interest rates hike. Already leading home loans provider HDFC and ICICI has rolled back the two year fixed rates scheme. Few weeks back RBI had hiked the CRR rates by 0.75%. It reduces the liquidity in the system and tightens the monetary policy. It leads to banks revise [...] Related posts:

Implementation of base rates from July 1,2010

krishnas — Wed, 10 Mar 2010 07:00:00 +0000

RBI had announced the base rate system which will set the interest rates for the bankers to lend their borrowers. Earlier the rate is known as the Prime Lending Rate(PLR) for the banks. Normally the banks can not lend the money below the PLR to avoid any loss or risk. But, banks started offering the [...] Related posts:

Principal Payment on Home Loans u/s 80C

krishnas — Mon, 08 Feb 2010 07:00:58 +0000

Introduction In this article I will be writing about the tax exemption for the home loans under section 80c. I will not write about the interest payment on home loans. That is not come under the section 80c. If you are the regular reader for this site, I have written many articles explaining the home [...] Related posts:

Tax proofs submission for the Financial Year 2009-10

krishnas — Sun, 27 Dec 2009 07:00:26 +0000

Introduction If you are salaried employee, you would have received mail from your employer to submit the tax proofs which you have declared at the beginning of the financial year. Here I will write down few important points to submit the proofs without any last minute rush. Subscribe to our articles here. 1. Don’t wait [...] Related posts:

IDBI Bank cuts Home Loans Interest Rates

krishnas — Fri, 18 Dec 2009 07:00:19 +0000

After the announcement from other major banks like SBI, ICICI and HDFC to reduce the home loans interest rates, now IDBI bank joined the party to reduce the home loans interest rates effective from 16th December, 2009. It is offering 8.25 per cent fixed rate for all its new loans till March 2012. The offer [...] Related posts:

Kotak Mahindra Bank offers new home loans interest rates

krishnas — Wed, 16 Dec 2009 07:00:39 +0000

Kotak Manhindra Bank announced a new home loans offer including a loan product at a fixed rate of 8.49% p.a. for 30 months (from the date of disbursement of the loan), and subsequently, the applicable floating rate for the balance term. The applicable rate after 30 months will be the retail prime lending rate (RPLR) [...] Related posts:

SBI Home Loans

krishnas — Sat, 14 Nov 2009 09:54:57 +0000

Introduction In this article I am writing about the important details about the SBI home loans. Last week I discussed with one of the SBI guy for getting the more details about the SBI home loans interest rates and other information. It is obvious that SBI provides less interest rates compare to other banks. It [...] Related posts:

Home Loans Interest Rates will be increased!!!

krishnas — Thu, 12 Nov 2009 07:00:44 +0000

Introduction In this article I am writing about the interest rates increase for the home loans in the coming months. It is expected that there will be rise in the interest rates from this year end. This article explains the reason why rates will be increased and the current situation of home loans industry. If you have [...] Related posts:

Home Loans Interest Rates Reduced

krishnas — Thu, 08 Oct 2009 07:00:51 +0000

Introduction If you are looking to get the home loans to buy a new house, then its good news for you. Many of the banks already slashed their home loans interest rates to lure the customers. The offer is targeting the festive season and will be over by end of this year. If you have [...] Related posts:

Information on Home Loans

krishnas — Fri, 04 Sep 2009 07:00:38 +0000

Introduction In this article I will be presenting the information related to Home Loans. I have published lot of useful article in this site related to home loans and tax related doubts. I thought it will be useful if one article to summarize all the articles on the home loans subject. It will be good [...] Related posts:

What is LAP?

krishnas — Sat, 22 Aug 2009 10:13:45 +0000

Introduction In this article I will be writing about the Loan Against Property(LAP), which is one of the way to get loan for cheaper price. In some situations, you can get the loans against your property like House,etc. to meet the financial needs. this article provides some basic ideas about the LAP and you can [...] Related posts:

HDFC Reduces Home Loans Interest Rates

krishnas — Mon, 17 Aug 2009 14:48:43 +0000

Home Loans major HDFC bank announced that it is reducing the home loans rates by 0.50% for the Rs.30 lacs to Rs.50 lacs segment. Now they will offer the loan at 9% interest rates. This will be applicable only to the new customers. Recently SBI has reduced the home loans rates by 0.50%-0.75% and it [...] Related posts:

SBI cuts home loan rates for first 3 years

krishnas — Wed, 01 Jul 2009 01:40:45 +0000

State Bank of India has launched two special home loan schemes that assure low interest rates in the first three years, upping the ante for its rivals in the mortgage market that has turned bullish following a pick-up in home sales in May. SBI Easy Loan for amounts up to Rs 30 lakh and SBI [...] Related posts:

Top 5 Rules for Home Loans

krishnas — Thu, 09 Apr 2009 08:46:29 +0000

Introduction This article lists Top 5 Rules while applying for the home loans. I have already posted many articles explaining the various topic on home loans. This article intend to list the top five rules important for the home loan buyers. Remember these five rules if you are planning to get the new home loans. [...] Related posts:

What is Reverse mortgage?

krishnas — Tue, 07 Apr 2009 05:40:41 +0000

Introduction In this article I will be writing about the reverse mortgage which is just opposite to the what we all known as the home loans and mortgage. The reverse mortgage is suitable for the retired and old people. This article will explore the purpose of reverse mortgage and advantages of it. Please post your [...] Related posts:

Tax Planning for 2009 – Part 2

krishnas — Sun, 05 Apr 2009 07:00:52 +0000

Introduction Earlier I have published Tax Planning for 2009 – Part 1. The previous post explains the basic stuff on tax savings using the home loans and the fixed deposit schemes. It doesn’t look into any specific section of the income tax act. This part of the article will be looking into section 80c of [...] Related posts:

Home Loans and Income Tax Benefits – Part 2

krishnas — Wed, 01 Apr 2009 07:00:41 +0000

Introduction In this article I will be writing about the home loans and the calculation involved in the interest repayment. In my previous article titled Home Loans and Tax Benefits explains about what are the tax benefits while taking the home loans. But, it doesn’t write much about the interest repayment and the different scenarios [...] Related posts:

March 2009 Overview

krishnas — Tue, 31 Mar 2009 07:00:34 +0000

Introduction We have reached the end of march 2009, this article will provide the recap on what is happened in March 2009 on Think – Plan – Invest. This is the first article writing about the monthly overview and it will continue from this month. Every month end I will be writing about the overview [...] Related posts:

Different types of Home Loans

krishnas — Sun, 29 Mar 2009 07:00:44 +0000

Introduction In this article I will be writing about the different types of home loans. If you take any product in the market, there will be multiple options to the customer. In home loans aswell depending on the needs, customer can choose the type of loans whether it can be home improvement loans, home loans, [...] Related posts:

Documents required for Home Loans Application

krishnas — Tue, 24 Mar 2009 19:00:16 +0000

Introduction In this article I will be writing about the important documents required for applying the home loans. It is one of the important part while you apply for a loan. Without all the documents required for processing the loan, you will not be eligible to apply for home loans. It is time to understand [...] Related posts:

Check list for Home Loans

krishnas — Tue, 24 Mar 2009 07:00:30 +0000

Introduction In this article I will be writing about the check list needed while applying for the home loans. If you are not aware of all the fees and hidden charges on the home loans, you will have to pay more money that you would have been saved if you analyze the home loans with [...] Related posts:

Submit Original documents for Home Loans

krishnas — Mon, 23 Mar 2009 07:00:20 +0000

Introduction In this blog I will be writing about the submitting original documents to the bank for getting the loan amount. Most people are hesitating to submit the original documents to the banker because of the safety. This blog post explains the legal rules related to submitting the documents. Please post your comments in the [...] Related posts:

What is Home Loans Top Up?

krishnas — Sun, 22 Mar 2009 07:00:16 +0000

Introduction In this article I will be writing about the home loans top up. The top up loans are god send when you are in the urgent need of money. There is some restrictions for santioning the top up loans. This article will present you the clear idea on top up loans and the tax [...] Related posts:

Processing Fees for Home Loans

krishnas — Sat, 21 Mar 2009 07:00:57 +0000

Introduction In this article I will be writing about the processing fees involved in applying for the home loans. Customer has to be very careful while reading the instructions on home loans and this article will explore few of the important facts about the processing fees involved in the home loans. I would like to [...] Related posts: