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Seven reasons why you should go for a joint loan to buy property

Besides increasing the eligibility, tax benefits will also double

Topics
property deals | Real estate in India | Home Loan

Sarbajeet K Sen 



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In 2013, when Aditya Nitsure, 40, software engineer and Smita Barve, 37, a private sector employee bought a property on a joint from LIC Housing Finance, their main reason was the rate of interest. Says Nitsure: “There was an offer of a lower interest rate of 10 per cent on a joint loan of Rs 44 lakh. Currently, the rate is 9.5 per cent. It also increased our eligibility.”

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First Published: Sun, October 27 2019. 22:34 IST

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