Tag: overdraft facility

Home Loan With Overdraft Facility: Meaning & Benefits

herohousinfinance 5 months ago in Other 0

A home loan with overdraft facility allows you to deposit funds into a linked account, reducing the principal and saving on interest. It offers flexibility, interest savings, and no prepayment penalty. However, overdraft deposits aren’t eligible for tax benefits. Website URL: https://www.herohousingfinance.com/blog/knowledge-series-of-experts/home-loan-with-overdraft-facility Country List: India

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