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fd rate tax rebate


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Bank of Baroda

Bank of Baroda

Home Loan : BOB offers following benefits with home loan to be availed by you: • Free Property and Personal Accident Insurance (available for...
Axis bank

Axis bank

Home Loan : Axis Bank's Power Home puts an end to your Real Estate troubles. Augment your reach and buy the house that you've set your heart on....
Loan Faqs
Faq

Do I get any tax benefit by taking an educational Loan? :

Once you start repaying the loan, you can deduct the interest amount from your total income while calculating tax. So, the effective interest rate on the loan works out to a lower amount for that particular year.  
Faq

Can a fixed rate loan be converted to a floating rate loan and vice versa? :

Yes, you can convert floating rate home loan into a fixed rate one with no extra charges. However, banks charge a small fee for converting a fixed rate product to a variable rate product. The swap can be done any number of times and at any point of time.
Loan Blogs
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How to select the right bank for home loan

Owning a house of own is a dream for every person. Lots of people go for any bank loan in the case they can not afford to pay the full price of a house. Banks and other financial institutions offer home loans to people who meet the required eligibility. Various banks offer home loan with their...
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The basics of business loan

Business loans are provided by various banks to business people for their short or long term financial needs. A lot of times it is important for businessmen to acquire a certain amount of money for running their enterprise. It is well known that without the required capital no business can run....
Insurance Faqs
Faq

What are the tax benefits of a life insurance policy? :

In India, under Section 88 of the Income Tax Act, tax rebate is provided to premiums paid to keep in force an insurance policy. You can also get deduction under Section 80CCC of the Income Tax Act for the contribution towards pension funds.
Faq

Why do we need it? :

Besides making payment after the loss or life or maturity of the insurance term, insurance policies also offer investment benefits. With a life insurance policy, you can save for your old age, fund your child's education, save taxes and so on. Most life insurance policies also provide tax...
Insurance Blogs
Blog

Basics of life insurance

Life insurance provides a family with financial support in the case of death of the breadwinner of the family. According to a life insurance policy, a fixed amount of money is paid to the insured or the beneficiary at the end of its term or upon the death of the insured. Life insurance also...


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