POSTED BY January 6, 2014 2:53 pm COMMENTS (3)ON
I am new to this forum but have referred useful topics in this forum before applying for a Home Loan. I need your advise on my below mentioned thought.
I have taken a Home Loan fron HDFC Ltd. My next disbursement to builder for Rs. 3 Lac is due on Jan end. My question is – What will be more beneficial to me i.e. to do a Fixed Deposit of this 3 Lac amount and to claim tax benefit (Interest+Principal) on the disbursed amount by the bank OR Should I pay this amount from my own resources