Title: Perks of availing a housing loan
1PERKS OF AVAILING A HOUSING LOAN
2TAX BENEFITS
You can deduct principal and interest payments
under sections 80C and 24.
3You can get additional funds through top-up home
loans to meet other financial needs.
PROVIDES LIQUIDITY
4NO FORECLOSURE FEES
You can pay off your floating rate loan early
without incurring any charges.
5LONGER PAYBACK PERIOD
YOU GET A FLEXIBLE AND LONGER REPAYMENT TERM,
MAKING EMI AFFORDABLE.
6OWNERSHIP
Presentations are communication tools that can be
used as demonstrations.
It assists you in acquiring a worthy property
that appreciates in value over time.
7BALANCE TRANSFER OPTION
Balance transfers offer lower interest rates.
You can switch your expensive housing loan
balance to a new lender.
8HOW CAN YOU GET THE MOST OUT OF YOUR HOUSING
LOAN?
9JOINT HOUSING LOAN
A joint loan increases your eligibility and
qualifies you for a larger loan amount.
It increases the tax benefits.
10COMPARISON
Review what other housing lenders are
offering. Compare eligibility criteria.
1. 2.
11GOVERNMENT SCHEMES
Apply for government housing programs to receive
subsidies and make your loan more affordable.
12Housing loans have many advantages. You must
first learn about home loan eligibility and
documents to ensure the smooth processing of
your application.
13Thanks
Would Love to hear from you. Hero Housing Finance
Ltd. 09, Basant Lok, Vasant Vihar, New Delhi -
110057 Tel 18001024145 Email
customer.care_at_herofincorp.com Website
https//www.herohousingfinance.com/ URL
https//www.herohousingfinance.com/blog/knowledge-
series- of-experts/benefits_of_taking_a_home_loan