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How to Avail Tax Benefits on Loan Against Property

Looking for a way to apply for easy loan against property then you must visit Bajaj Housing Finance. To know about the tax benefits on a loan against property and how to apply for loan, read this presentation carefully. Visit:- https://www.bajajhousingfinance.in/resources/how-to-avail-tax-benefits-on-loan-against-property<br>

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How to Avail Tax Benefits on Loan Against Property

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  1. How to Avail Tax Benefits on Loan Against Property?

  2. Introduction about Loan Against Property Loan against property is a type of loan that can be useful for both salaried individual as well as business. So, here are no tax cuts for a loan against property. It can also be termed as mortgage loan.

  3. Benefits of Loan Against Property The Loan against property tax benefits is part of the features of the loan against property. There are many reasons to apply for loan against property. • For great value which fulfill various needs. • Secured loan available for both individuals • Easy to meet eligibility criteria • No end restriction

  4. Process of Applying for Property Loan • Filling the Application form • Detail confirmation • Submit Documents • Documents Verification • Get Sanction Letter • Await the property evaluation • Get funds into your Account

  5. Tax Benefits on a Loan Against Property • Tax Exemptions under 24(B)- Applicable for salaried borrowers who have used the Loan Against Property funds to buy a new residential property. • Tax Exemptions under Section 37(1) - Applicable for borrowers who have used the Loan Against Property sanction to meet business expenses.

  6. Documents Required for Loan Against Property Banks and NBFC’s require the following document for sort of loans: • Income Tax Return or ITR • Address and Identity proof • Pan Card • Bank Statement of past 6 months • Proof of Employement

  7. More Info- BAJAJ HOUSING FINANCE LIMITED Cerebrum IT Park, 5th Floor B2 Building, Holy Cross Rd, Kalyani Nagar Pune, Maharashtra - 411014 Phone number: +91-8698010101 Email id: bhflwecare_at_bajajfinserv.in Follow us on- /Bajaj-Housing-Finance-Limited-106889874092628/ bajaj-housing-finance-limited/mycompany/

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