No. If you take loan only for land purchase, you are not eligible for any IT benefits. If you take a composite loan (land and house construction), only after the completion of the construction w
Encumbrance on a property refers to claims or charges on the property due to liabilities such as unpaid loans and bills. It is critical that during your home search you consider properties which
The repayment of loan is done through Equated Monthly Installments. It can be paid through Post Dated Cheques (PDC) or Electronic Clearance System (ECS)
A Business Loan is a loan without security, giving one an access to credit that can be paid back over an agreed time frame along with the interest.