Hi,
I have taken home loan of 30L and current outstanding amount is @25L..
Is it would be a wise decision to retain the home loan to save the tax (10% slab) and subsidy
1) Tax saving will be for both applicant and co-applicant (10% slab)
2) Subsidy on interest @60K per annum- currently receiving from company to the applicant only not for co-applicant
or should i focus on re-payment and subsequent closure of Home loan
Kindly guide