Tax Benefits of Taking a Home Loan from Shubham Housing Finance

home loan tax benefits


At Shubham Housing Finance, we believe that owning a home should be a dream within reach — not just in terms of easy financing, but also in helping you make the most of every rupee you invest. One of the major advantages of taking a home loan is the attractive tax benefits it offers under the Indian Income Tax Act. Here’s how you can benefit when you choose Shubham Housing Development Finance Company Limited:

1. Section 24(b)

You can claim a deduction of up to ₹2 lakh per year on the interest paid towards your home loan under Section 24(b) of the Income Tax Act, provided the property is self-occupied. If the house is rented out, there is no upper limit on the interest you can claim, although overall loss from house property is capped at ₹2 lakh.

2. Section 80C

Under Section 80C, you can claim a deduction of up to ₹1.5 lakh per year on the principal portion of your EMI. This is part of the overall 80C limit that also includes other investments like PF, life insurance, etc.

3. Section 80EE & 80EEA

If you're purchasing your first home, you may qualify for additional benefits:

  • Section 80EE: Deduction of up to ₹50,000 per year on home loan interest (for loans sanctioned between FY 2016–17).
  • Section 80EEA: Deduction of up to ₹1.5 lakh on interest (for loans sanctioned between April 1, 2019 and March 31, 2022), applicable over and above Section 24(b).

4. Joint Home Loans – Double the Tax Benefit

If you’re taking a joint home loan (e.g., with your spouse or parent), both co-applicants can claim the above deductions individually, as long as they are co-owners and co-borrowers.

Why Choose Shubham Housing Finance?

At Shubham, we go beyond offering home loans — we offer financial inclusion, flexible documentation, and tailored support to guide you through both your loan journey and tax planning.

  • ✅ Easy EMIs with custom repayment plans
  • ✅ Loans without formal income proof
  • ✅ Personal guidance on tax documentation
  • ✅ Transparent process with zero hidden charges

Need Help with Your Tax Planning?

Let our team help you maximize your savings. Get in touch with our loan advisor today and unlock the financial and tax benefits of owning your dream home with Shubham Housing Finance.

📞 Call us: 1800-258-2225
🌐 Visit: www.shubham.co

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