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Financial Insights

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Financial Insights

Home Loan Tax Benefits

 

Home loan comes with multiple benefits & let you achieve your goal of buying a new home and make you eligible for tax benefits. These tax benefits can contribute towards your EMI flow and savings.

The home loan borrower enjoys Tax Benefits on both Interest paid & the Principal re-paid. Under Section 24(d) of Income Tax, the deduction of interest payable on the home loan is up to a maximum of Rs. 1,50,000.

Under Section 80(c) of Income Tax, Principal amount for the repayment of loan along with other savings & investments is eligible for tax deduction up to a maximum limit of Rs. 1,00,000.

Loan Assistance

 

Project is approved by Major Financial Institutions for Residential units.

To avail loans for Industrial & Residential Units, please contact our authorized sales representative.

Disclaimer: The benefits listed above are indicative, may change based on the government policies & customers are advised to verify the details with the respective institutions / industry regarding type & nature of benefits suitable for their business to be set up in the Empire Industrial Hub. Home Loans for Residential Units will be as per the terms & conditions of respective financial institutions / banks.

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