Tag: loan against property

Loans

What is Income Tax Exemption on Loan Against Property in India?

You may take a loan against property either for personal use like wedding, medical bills, vacation or for business purposes. The best part is that the interest rates on loan against property are low in India. Apart from low–interest rates on loan against property following are the benefits that you may reap from tax exemptions: Under Section 24 of the Income Tax Act, the lid … Continue reading What is Income Tax Exemption on Loan Against Property in India?

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Loans

What Are the Documents Required to Apply for A Loan Against Property?

A loan against property is a type of secured loan in which you can pledge for the important assets including your home, land, or the business premise for the purpose of availing funds. You can make use of the loan amount for addressing important needs including the expansion of your business, making the down payment while buying a property or home, funding your children’s education, … Continue reading What Are the Documents Required to Apply for A Loan Against Property?

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