POSTED BY September 2, 2014 9:16 am NO COMMENTSON
Dear all i am a salaried professional and a first time home buyer and planning to take up a loan for the same. I got to know about SBI Maxgain Home loan product.
Have a couple of queries regarding the same:
1. Is it overall beneficial to take up Maxgain or normal home loan
2. Are there any tax benefits in case of Maxgain (for Principal & interest payment) as in case of normal home loan
3. Is there any catch if the possession is delayed beyond 3 years
4. Is there any tax benefits for first time home buyer (i.e. can i take tax benefits for Interest or principle payment before possession)