Dear Sir,
I had barowed 12 lacs home loan from SBI during March 2010. at the rate of 10.5% intrest
for 15years period.
Now I want to repay 5 lacs from my savings. Can I do so ?
I am getting IT exmption of 30,000/- per anum . ( I am in 20% IT slab )
and also I am getting 96000/- per anum return on investment from my property.
Thanks
R. Sivakumar