Labour Law Advisor's video: How to save LAKHS on your Home Loan: Complete Guide

▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The video from 10:02 - 10:55 is sponsored by the South Indian Bank. Following is a word from our sponsor: "Are you ready to turn your dream of owning a home into a reality? Look no further than the South Indian Bank Home Loan! 🏠 Discover the key to securing your own piece of paradise with SIB’s affordable home loan. Whether you're a first-time homebuyer or looking to upgrade to a larger space, South Indian Bank has you covered. Apply for SIB Home Loan starting at an interest rate of 8.5% *T&C apply Digital Documentation Up to 90% Funding on project cost With over 94 years of banking experience, trust South Indian Bank for your banking needs. To know more on SIB Home Loan, click here https://bit.ly/3MCCrvl " ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ In this video you will learn, 1. How Home Loan works 2. What is EMI and how it is calculated 3. Why do you end up paying huge amounts in interests and how can you save lakhs of interest on your home loan 4. The tax benefits on home loan to save at least 70000 in taxes. 5. How does prepayment work and how you can use it to bring down your interest cost massively 6. What are the recent RBI rules on home loan that will benefit you a lot. Chapters: 0:00 Reality of Home Loan 3:29 How does EMI work? 5:37 How can Bank increase your interest rate after taking home loan? 5:55 Floating Rate vs Fixed Rate 10:02 A word from our sponsor 10:53 How to save LAKHS in interest- Prepayment 15:55 Massive Tax benefits on home loan 17:40 RBI circular 1: reset of interest rate 19:20 BIGGEST risk of taking a home loan 21:34 RBI circular 2: return of property documents ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Insurance is Important, Get one Now! 👇 Term Insurance: https://term.lla.in Health Insurance: https://health.lla.in/ Car Insurance: https://4wheeler.lla.in Bike Insurance: https://2wheeler.lla.in Commercial vehicle Insurance: https://cv.lla.in ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Follow us on Social Media📲 Twitter: https://link.lla.in/LLAtwitter Instagram: https://link.lla.in/LLAinsta Telegram: https://t.me/JoinLLA Facebook: https://link.lla.in/LLAFB