Housing loan pre payment income tax benifit

Can I get income tax benifit from pre-payment of housing loan?

asked Jan 26 '12 at 16:18 by NIRAJ GARG 1111


There is no tax benefit on pre-paying your home loan amount.

answered Jan 26 '12 at 17:09 by pankaj 5.2k320

link
thanks pankaj
(Jan 29 '12 at 07:52) NIRAJ GARG

No tax benefit on prepayment of home loan... however - you would be happy to note that most of the banks have removed the prepayment penalty if the payment is being made from own sources..

answered Feb 02 '12 at 02:24 by CA Karan Batra 53216

link

Know someone who can answer? Share a link to this question via email, twitter , or facebook
.

Your answer
toggle preview

Follow this question

Once you sign in you will be able to subscribe for any updates here

Markdown Basics

  • *italic* or __italic__
  • **bold** or __bold__
  • link:[text](http://url.com/ "title")
  • image?![alt text](/path/img.jpg "title")
  • numbered list: 1. Foo 2. Bar
  • to add a line break simply add two spaces to where you would like the new line to be.
  • basic HTML tags are also supported

Tags:

×777
×94
×2

Asked: Jan 26 '12 at 16:18

Seen: 1,728 times

Last updated: Feb 02 '12 at 02:24