Tax Benefits on
Home Loan

A beneficial byproduct of the home loan process, tax benefits have much to offer. You can avail tax benefits on both, the interest paid as well as the principal repaid on a home loan, which can be redirected towards your EMIs and savings.

Here are two laws from Indian Income Tax Act that clearly talk about the tax benefits on availing a home loan:

Under Section 24(d) of Income Tax, the maximum deduction of interest payable on the home loan is up to ₹1,50,000.

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

If you are planning to take a home loan, you may calculate your tax benefits based on your loan amount by taking into consideration the above laws.

Back

MENU

Close

Leave your phone number below.
We’ll call you back.

Submit

Please enter a valid phone number.

We’re facing an issue in catering to your
request. Please try again after some time.

Cheers

We’ve successfully registered your phone number,
and will get back to you soon.

OK

Close

Book a site visit

Please enter a valid name.

Please enter a valid phone number.

Please select a project you’re
interested in.

Parkwest - Bengaluru

SP Residency - Pune

Vicinia - Mumbai

Codename Mumbai Dreams - Mumbai

SP Infocity - Manesar

SP Infocity - Pune

SP Infocity - Nagpur

SP Infocity - Mohali

JoyVille Howrah

JoyVille Hingewadi

JoyVille Virar

JoyVille Gurgaon

Northern Lights - Thane

Comments

Book now

Cheers

We’ve received your request and will get in touch
with you soon.

OK

Sorry!

We're facing an issue in catering to your request.
Please try again after some time.

OK

Please enter a valid name.

Please enter a valid phone number.

Cancel

Done

Sorry!

We’re facing an issue in catering to your request. Please try again after some time.

OK

You've already registered!

We have your details. Stay tuned, we will get in touch with you shortly.

OK

Thank you for
reaching out

We’ve successfully registered
your details, and will get back to
you soon.

OK

Tax Benefits on
Home Loan

A beneficial byproduct of the home loan process, tax benefits have much to offer. You can avail tax benefits on both, the interest paid as well as the principal repaid on a home loan, which can be redirected towards your EMIs and savings.

Here are two laws from Indian Income Tax Act that clearly talk about the tax benefits on availing a home loan:

Under Section 24(d) of Income Tax, the maximum deduction of interest payable on the home loan is up to ₹1,50,000.

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

If you are planning to take a home loan, you may calculate your tax benefits based on your loan amount by taking into consideration the above laws.

Back

To request a copy of the brochure and floor plan, simply enter your email id below.

Please enter a valid email address.

We’re facing an issue in catering to your request.
Please try again after some time.

Submit

Cheers

We’ve successfully registered your email address and will be mailing you a copy soon.

OK

Close

Leave your
phone number below.
We’ll call you back.

Please enter a valid phone number.

We’re facing an issue in catering to your request.
Please try again after some time.

Submit

Cheers

We’ve successfully registered
your phone number, and will get
back to you soon.

OK

Close

Book a site visit

Please enter a valid name.

Please enter a valid phone number.

Please select a project you’re interested in.

Parkwest - Bengaluru

SP Residency - Pune

Vicinia - Mumbai

Codename Mumbai Dreams - Mumbai

SP Infocity - Manesar

SP Infocity - Pune

SP Infocity - Nagpur

SP Infocity - Mohali

JoyVille Howrah

JoyVille Hingewadi

JoyVille Virar

JoyVille Gurgaon

Northern Lights - Thane

Comments

Book now

Cheers

We’ve received your request
and will get in touch with you
soon.

OK

Sorry!

We’re facing an issue in catering to you request. Please try again after some time.

OK

Close

Please enter a valid name.

Please enter a valid phone number.

Cancel

Done

Sorry!

We’re facing an issue in catering to your request. Please try again after some time.

OK

You've already registered!

We have your details. Stay tuned, we will get in touch with you shortly.

OK

Thank you for
reaching out

We’ve successfully registered your details, and will get back to you soon.

OK