Hi,

My understanding is  that if I park some lum sum amount in the SBI Maxgain account the tenure will come down as principal amount would be reduced. So indirectly I am earning 10%(current effective home loan interest rate) on my funds parked in the current/savings account. So do I need to add this notional income while filing returns! If not, its a wonderful avenue from a debt point of view you have both liquidity + notional interest rate earnings (home loan interest rate )which would be always greater than the FD rates!

Regards,

 Rohit