ਹੋਮ ਲੋਨ ਦੇ ਲਾਭ

Under Section 80C of the Income Tax Act, you can claim up to ₹1.5 lakh annually on the principal repayment. Under Section 24(b), you can claim up to ₹2 lakh per year on interest paid. First-time homebuyers may also be eligible for an additional deduction under Section 80EE or 80EEA.

Yes, depending on your loan amount and credit profile, Grihum offers up to 90% funding of the property value (Loan-to-Value ratio). Typically, properties under ₹30 lakh qualify for 90% financing, subject to eligibility.

Home loan tax benefits include:

• Deduction up to ₹1.5 lakh under Section 80C for principal repayment
• Deduction up to ₹2 lakh under Section 24(b) for interest paid
• Additional deductions for first-time buyers under Section 80EE/80EEA (if applicable)

The ideal tenure depends on your income, age, and financial goals. A longer tenure reduces EMI burden but increases total interest paid. A shorter tenure saves on interest but increases monthly EMIs. Use our Home Loan EMI Calculator to find the right balance.

Yes. Grihum offers pre-approved home loans based on your eligibility. This helps you know your loan amount in advance and gives you better bargaining power when choosing a property.

Loan approval time depends on documentation and eligibility verification. With Grihum’s simplified process and minimal paperwork, your home loan can be approved within a few working days, provided all documents are in order.

A Home Loan Balance Transfer allows you to move your existing loan to Grihum for better interest rates, reduced EMIs, and improved service. It also gives you the option to avail a top-up loan for other financial needs.