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The video from 10:02 – 10:55 is sponsored by the South Indian Bank. Following is a phrase from our sponsor:
“Are you prepared to flip your dream of proudly owning a house right into a actuality? Look no additional than the South Indian Bank Home Loan! 🏠
Discover the important thing to securing your personal piece of paradise with SIB’s inexpensive dwelling mortgage. Whether you are a first-time homebuyer or wanting to improve to a bigger house, South Indian Bank has you lined.
Apply for SIB Home Loan beginning at an rate of interest of 8.5%
*T&C apply
Digital Documentation
Up to 90% Funding on undertaking value
With over 94 years of banking expertise, belief South Indian Bank for your banking wants.
To know extra on SIB Home Loan, click on right here
#SIB #SouthIndianBank #HomeLoan #TrustmeetsTechsince1929 #SIBHomeLoan #SIBMirrorplus”
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In this video you’ll study,
1. How Home Loan works
2. What is EMI and the way it’s calculated
3. Why do you find yourself paying big quantities in pursuits and how are you going to save lakhs of curiosity on your dwelling mortgage
4. The tax advantages on dwelling mortgage to save not less than 70000 in taxes.
5. How does prepayment work and the way you should utilize it to carry down your curiosity value massively
6. What are the latest RBI guidelines on dwelling mortgage that can profit you a large number.
Chapters:
0:00 Reality of Home Loan
3:29 How does EMI work?
5:37 How can Bank improve your rate of interest after taking dwelling mortgage?
5:55 Floating Rate vs Fixed Rate
10:02 A phrase from our sponsor
10:53 How to save LAKHS in interest- Prepayment
15:55 Massive Tax advantages on dwelling mortgage
17:40 RBI round 1: reset of rate of interest
19:20 BIGGEST threat of taking a house mortgage
21:34 RBI round 2: return of property paperwork
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