June 28, 2025
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No home loan deductions in new tax regime: Why prepayment makes sense & how it can help you save on interest outgo – explained

  • June 27, 2025
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With reduced tax benefits under the new income tax regime, many Indian home loan borrowers are now prioritizing early loan prepayments to minimize interest costs and shorten loan tenures. Strategies include lump sum prepayments, gradually increasing EMIs, and redirecting funds from bonuses or low-yield investments. Experts advise borrowers to consider prepayment charges and maintain sufficient emergency funds.