The debate of buying vs renting a house has been going on for a long time now. Those who seek financial security in the long run often take the plunge and buy a home, even if it means cutting down on their monthly budget to make space for EMIs. On the other hand, those who do not want to cut corners choose to rent a home. These people believe the money they will spend on buying the house can be used to invest in other instruments that are more likely to bring higher returns in the long run. In this article, we try and settle the debate on buying vs. renting a house.
Buying vs. Renting a Home: Which is Better from an Investment Perspective?
From an investment perspective, buying a house makes a lot more sense for several different reasons. To start with, when an individual buys a property, they put their money into an asset - the value of which will grow over time. Over the last few decades, real-estate prices have delivered amazing returns. Therefore, Indians see real estate as a safe investment option that has proven to always bring great returns on investment in the long run. Further, Indians associate homes with social and financial security. Almost every Indian dreams of becoming a homeowner one day. Investing in a home, therefore, does not only add to one’s financial health but also their emotional health.
If you are someone who prefers renting primarily because you do not want to deal with the burden of paying monthly EMIs, you are making a mistake. Home Loan interest rates are at an all-time low and now is the right time to buy a home and become a homeowner. However, if you do not want to buy a home because you wish to use the money to invest in other things, you must choose your investments cautiously so that you at least get the return you would have got on a property, if not more.
Tax Benefits on Renting vs. Buying a House
If you are planning to avail of a Home Loan to buy a house, know that Home Loans come with tax deduction benefits. Under Section 80C of the Income Tax Act, borrowers can claim tax deduction benefits up to a maximum of Rs.1.5 Lakh and under Section 24(b) of the same act, a borrower can claim tax deductions up to a maximum of Rs.2 Lakh. Thus, combined, Home Loans allow borrowers to claim tax deduction benefits up to a maximum of Rs.3.5 Lakh every financial year. Couples can claim these tax benefit deductions separately and therefore, a couple can claim tax deduction benefits up to Rs.7 Lakh as a family by way of a Home Loan. This is a substantial amount of money and can help one save a lot over the tenor of the loan.
Also Read: 10 Useful Income Tax Deductions
One can claim tax benefits on house rent as well – both salaried and self-employed individuals can do so. Those living in a metro city can claim up to 50% of their basic salary and those living in a non-metro city can claim 40% of their basic salary as an HRA deduction. Yet another way of calculating HRA for tax deductions is 10% of a person’s basic salary minus the total rent they pay. However, if the total tax deduction you are claiming under HRA is more than Rs.1 Lakh a year, you will need to provide the PAN card of both, you and your landlord.
Also Read: Claim Deductions on the Home Loan Interest Paid
Thus, in terms of tax benefits, in the debate between buying vs renting a house, there is no clear winner as both allow borrowers to save taxes though one may be able to save more taxes in the long run by way of a Home Loan.
Renting Vs Owning a Home: What is Better?
Let us try and settle this argument by listing out the benefits of renting and owning separately.
Benefits of Renting a Home
- If you are renting a home to have liquidfunds for other investments that you believe will provide better returns than real estate in the long run, renting can be a smart choice.
- For aspiring homebuyers, the increasing property prices can be one of the reasons why they prefer renting a home instead of buying one. In this case, renting may be a better option because it allows you to live in the home of your choice in case you don’t want to spend funds purchase one.
- Renting is also a better option for individuals who frequesntly change jobs and cities. If you are shifting from one place to another constantly, it may not be the best idea for you to buy a home and take on the added responsibility.
Benefits of Owning a Home
- The biggest benefit of owning a home is that the real estate sector has been giving good returns over the last few years. Property prices are increasing and therefore, if you invest in a home right now, you can build an asset that will bring returns in the long run and also provide social and financial security to your family.
- If you are availing of a Home Loan to buy a home, know that you can claim tax deductions on the Home Loan. These deductions will allow you to save funds in the long run, which you can invest in other assets to get good returns on your investments.
- Buying a home has become easier than ever. Today, there are many different online tools that borrowers can use to understand their EMIs for a Home Loan. Knowing everything in advance can allow borrowers to plan well and ensure the feasibility of a Home Loan.
Final Words
The answer to whether one should own or rent a house depends on one’s long-term financial goals. If you want to build a stable asset and provide social and financial protection to your family, investing in a home is a far better idea. However, if you have already taken care of your financial goals and now you want to have enough money in your hands and not worry about loan EMIs, you should consider renting.
Also Read: Home Loan EMI Calculator Benefits and its Features
DISCLAIMER:
While care is taken to update the information, products, and services included in or available on our website and related platforms/websites, there may be inadvertent errors or delays in updating the information. The material contained in this website and on associated web pages, is for reference and general information purposes, and the details mentioned in the respective product/service document shall prevail in case of any inconsistency. Users should seek professional advice before acting on the basis of the information contained herein. Please take an informed decision with respect to any product or service after going through the relevant product/service document and applicable terms and conditions. Neither Bajaj Housing Finance Limited nor any of its agents/associates/affiliates shall be liable for any act or omission of the Users relying on the information contained on this website and on associated web pages. In case any inconsistencies are observed, please click on contact information.
Trending Articles
![alt](https://www.bajajhousingfinance.in/documents/37350/2643928/Blog-108.jpg/acdda18b-4ec5-7485-e411-889e8eec7d9e?version=1.0&t=1690395072700null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Everything You Need to Know About Top-up Loans on a Home Loan2024-04-09 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-41.jpg/47921c8b-be21-9c4e-13dd-8abd3ee7bbd9?version=1.0&t=1690869409608null&download=true)
cibil Cibil
[N][T][T][N][T]
What Is a Good Credit Score for a Home Loan?2022-12-28 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+2.webp/9bce1476-bc9f-5771-382b-2f64b1668cf5?version=1.0&t=1660719631404null&download=true)
cibil Cibil
[N][T][T][N][T]
Things That Can Go Wrong with Your CIBIL Report2023-03-15 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+2.webp/9bce1476-bc9f-5771-382b-2f64b1668cf5?version=1.0&t=1660719631404null&download=true)
cibil Cibil
[N][T][T][N][T]
How a Good CIBIL Score Can Help You Celebrate the Festive Season Better2024-03-19 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2643928/Blog-112.jpg/e80f3a23-f8ba-5689-a60b-a754aea66c8d?version=1.0&t=1690395071172null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Difference Between Home Loan and Personal Loan: Which is better?2024-03-04 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-48.jpg/7cad495a-b166-1108-8722-05e87b87d18d?version=1.0&t=1690869412202null&download=true)
home+loan Home Loan
[N][T][T][N][T]
How to Get a Better Interest Rate on Your Home Loan2024-01-04 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
cibil Cibil
[N][T][T][N][T]
How Can Your CIBIL Score Help in Negotiating Better Home Loan Deals2023-05-18 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Get a Home Loan Without Visiting Branch: A Step-by-Step Guide2024-03-20 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1461143/Blog-9.jpg/2aebdaed-600e-17a6-bd65-f8ad1edf01ce?version=1.0&t=1680758616610null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Complete Guide to Securing a Attractive Interest on Home Loans2024-01-23 | 3 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-92.jpg/885b9f30-8830-105a-028c-4b3645d5d8de?version=1.0&t=1690869421738null&download=true)
loan+against+property Loan Against Property
[N][T][T][N][T]
Understanding the Fees and Charges on Your Loan Against Property2024-02-16 | 8 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
cibil Cibil
[N][T][T][N][T]
Here’s What You Can Do to Improve Your CIBIL Score2023-03-16 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1461143/Blog-4.jpg/dd6fa2d4-5c4e-594c-dab9-226e8623b8df?version=1.0&t=1680758615265null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Home Loan Refinancing: What, Why, and Things to Remember2024-06-17 | 5 Min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
tax Tax
[N][T][T][N][T]
How to Avail of Tax Benefits on a Loan Against Property2024-06-13 | 5 Min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
cibil Cibil
[N][T][T][N][T]
Top 10 Reasons For Low CIBIL Score & How To Improve It2024-03-01 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+4.webp/2b7c3f4b-a149-201d-4db8-fef9d47a39fa?version=1.0&t=1660719632011null&download=true)
home+loan Home Loan
[N][T][T][N][T]
5 Great Ways Women Can Benefit from Taking a Housing Loan2024-01-16 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2782509/Blog-128.jpg/6d785cfd-1bf0-c4d6-88f1-f25b579c726e?version=1.0&t=1691386978870null&download=true)
loan+against+property Loan Against Property
[N][T][T][N][T]
Top Benefits of a Loan Against Property Over Collateral-Free Loans2024-01-09 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-72.jpg/02b7d16c-54a7-29f5-497c-ece5b5c17064?version=1.0&t=1685941985070null&download=true)
cibil Cibil
[N][T][T][N][T]
Five Reasons Why a Bad Credit Score Could Lead to Loan Rejection2024-01-22 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+4.webp/2b7c3f4b-a149-201d-4db8-fef9d47a39fa?version=1.0&t=1660719632011null&download=true)
cibil Cibil
[N][T][T][N][T]
How Does Your Digital Footprint Affect Your CIBIL Score?2024-03-20 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+4.webp/2b7c3f4b-a149-201d-4db8-fef9d47a39fa?version=1.0&t=1660719632011null&download=true)
cibil Cibil
[N][T][T][N][T]
How Can I Get My ECN Number in CIBIL?2024-01-09 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-36.jpg/14ca3104-ede1-d998-cb83-b9c322044609?version=1.0&t=1685941982662null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Types of Home Loan Charges2024-01-22 | 3 Min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-82.jpg/234ce60c-a7fe-3f48-556b-a5692c88493a?version=1.0&t=1690869418914null&download=true)
home+loan Home Loan
[N][T][T][N][T]
What is Foreclosing a Home Loan? These are Some of the Do’s and Don’ts2023-12-20 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
tax Tax
[N][T][T][N][T]
10 Useful Income Tax Deductions for FY 2022-232024-02-21 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-55.jpg/957ca97c-0087-8a5f-2b7b-b0ffc800d8ef?version=1.0&t=1690869414103null&download=true)
home+loan Home Loan
[N][T][T][N][T]
All You Need to Know About Home Loans2023-01-19 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+4.webp/2b7c3f4b-a149-201d-4db8-fef9d47a39fa?version=1.0&t=1660719632011null&download=true)
cibil Cibil
[N][T][T][N][T]
Ways You Can Improve your Credit Score for a Small Business2023-03-01 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-88.jpg/7bf56db8-bfbe-d9ad-b32d-2566743de345?version=1.0&t=1685941986395null&download=true)
tax Tax
[N][T][T][N][T]
5 Tax Savings and Other Advantages You Can Get When You Apply for Home Loans2024-02-14 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-67.jpg/fdafcdc2-a700-03f3-7287-0cb1d47d5c82?version=1.0&t=1690869416565null&download=true)
cibil Cibil
[N][T][T][N][T]
Reasons Why Your CIBIL Score Is Going Down2024-04-10 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-46.jpg/7bec0c6c-60e3-0a07-bcdd-d9ee999078c7?version=1.0&t=1690869411357null&download=true)
[N][T][T][N][T]
Checklist of Documents Required for Home Loan2024-02-07 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+4.webp/2b7c3f4b-a149-201d-4db8-fef9d47a39fa?version=1.0&t=1660719632011null&download=true)
home+loan Home Loan
[N][T][T][N][T]
How to Get a Housing Loan Approved Instantly?2024-04-10 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-56.jpg/ea7183e6-6861-ffb3-0bc4-d67060689f70?version=1.0&t=1690869414421null&download=true)
home+loan Home Loan
[N][T][T][N][T]
What Is a Pre-Approved Home Loan and How Should You Get It Done?2024-03-12 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2643928/Blog-103.jpg/942a2c04-ae57-3f53-1329-729ffefc8ff9?version=1.0&t=1690395074160null&download=true)
tax Tax
[N][T][T][N][T]
Should You Get a Home Loan to Save Your Taxes?2024-02-01 | 3 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+10.webp/a33b518b-be01-12e8-5324-6bbeae19f860?version=1.0&t=1660719633433null&download=true)
home+loan Home Loan
[N][T][T][N][T]
How to Pay Off Your Home Loan Quicker2024-03-11 | 4 Min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+2.webp/9bce1476-bc9f-5771-382b-2f64b1668cf5?version=1.0&t=1660719631404null&download=true)
cibil Cibil
[N][T][T][N][T]
How Business Loans Affect Your CIBIL Score & How to Improve the Same2024-03-13 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2643928/Blog-115.jpg/65da35c2-5e32-7040-3aa5-02f545770619?version=1.0&t=1690395069927null&download=true)
loan+against+property Loan Against Property
[N][T][T][N][T]
Short vs. Long Loan Against Property Tenor - Which Is Better?2024-05-07 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-15A.jpg/ccb369b6-12ea-3a0f-815d-4cbd569505ce?version=1.0&t=1685941981124null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Consider These Factors Before Foreclosing Your Home Loan2024-04-16 | 3 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2643928/Blog-111.jpg/a4a26f6e-bef5-d93c-d5af-91c956c14bec?version=1.0&t=1690395070744null&download=true)
tax Tax
[N][T][T][N][T]
What is a Property Tax in India and How is It Calculated?2024-03-13 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2782509/Blog-118.jpg/cf26d4ab-b42e-84b1-93e4-d18049a6e0d6?version=1.0&t=1691386976319null&download=true)
loan+against+property Loan Against Property
[N][T][T][N][T]
Understanding the Fees and Charges on Your Loan Against Property2024-04-10 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
cibil Cibil
[N][T][T][N][T]
How Does Missing One Payment Affect Your CIBIL Score?2024-05-15 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-97.jpg/40066fbe-fa3d-2353-ab03-602d6e1f3407?version=1.0&t=1690869422595null&download=true)
home+loan Home Loan
[N][T][T][N][T]
6 Ways to Reduce Your Home Loan Interest2024-03-20 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-65.jpg/99b36380-d23d-3877-5ead-3e6a910b88ab?version=1.0&t=1685941983877null&download=true)
cibil Cibil
[N][T][T][N][T]
Ways to Improve Your Credit Score with a Credit Card2024-02-02 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2782509/Blog-149.jpg/5ff230dc-58ef-6459-652b-c27e8d5f49a0?version=1.0&t=1691386983997null&download=true)
cibil Cibil
[N][T][T][N][T]
What Factors Do Not Affect Credit Scores?2024-02-28 | 7 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+4.webp/2b7c3f4b-a149-201d-4db8-fef9d47a39fa?version=1.0&t=1660719632011null&download=true)
cibil Cibil
[N][T][T][N][T]
How to Check Your CIBIL Score for Free and What to Do If There Are Errors in It2024-06-05 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1461143/Blog-14.jpg/24615559-e5fb-492b-517d-7f5f92101484?version=1.0&t=1680758737154null&download=true)
home+loan Home Loan
[N][T][T][N][T]
What Affects the Interest Rate on Your Home Loan2024-03-13 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2782509/Blog-30.jpg/df2da7bb-af05-dddb-c2d1-d835b061e9c0?version=1.0&t=1691386975204null&download=true)
loan+against+property Loan Against Property
[N][T][T][N][T]
3 Different Loan Against Property Types You Should Know About2024-02-13 | 5 Min
![alt](https://www.bajajhousingfinance.in/documents/37350/1461143/Blog-16.jpg/f853a627-0be7-f88b-44da-b35a79108cf6?version=1.0&t=1680758737683null&download=true)
loan+against+property Loan Against Property
[N][T][T][N][T]
Easy Ways to Pick the Right Loan Against Property Tenor2024-05-14 | 3 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-60.jpg/740fc935-bac3-8956-6be0-918c1c72bb47?version=1.0&t=1690869415677null&download=true)
cibil Cibil
[N][T][T][N][T]
How to Check, Calculate, and Improve CIBIL Score?2024-01-11 | 2 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
tax Tax
[N][T][T][N][T]
How to Save Tax for Salary Above 30 Lakh?2023-08-07 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
tax Tax
[N][T][T][N][T]
How to Save Tax Between Rs 20 to Rs 25L Salary in India2023-07-19 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-85.jpg/630ed104-8bc3-8853-a751-5810dc9fab92?version=1.0&t=1690869419979null&download=true)
home+loan Home Loan
[N][T][T][N][T]
10 Smart Steps for Effective Home Loan Management2024-02-16 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Advantages for First-Time Home Buyers2023-07-14 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2782509/Blog-27.jpg/b9f6572f-5521-a4fc-ddae-2002adc4440e?version=1.0&t=1691386974794null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Understanding Loan-to-Value Ratio (LTV) and its Calculation2023-11-28 | 4 Min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
home+loan Home Loan
[N][T][T][N][T]
How to Determine Your Ideal Credit Score for a Home Loan?2024-03-28 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-13A.jpg/38896fc5-3a25-e903-1bdf-c338e26b28fc?version=1.0&t=1685941980827null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Would it be Possible for Me to Apply for a Second Mortgage?2024-05-22 | 3 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-58.jpg/77d20335-105c-5c6e-c57c-f87626015dac?version=1.0&t=1690869415055null&download=true)
cibil Cibil
[N][T][T][N][T]
Easy Ways to Maintain a Good Business Credit Score2024-01-10 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
cibil Cibil
[N][T][T][N][T]
Impact of Late Payment on CIBIL Score?2024-03-08 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-44.jpg/a3e2af38-dd05-6225-9eed-5848d81250cf?version=1.0&t=1690869410642null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Common Myths About Home Loans: All You Need to Know2024-04-08 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
[N][T][T][N][T]
5 Benefits of Availing of a Home Loan at an Early Age2024-05-10 | 3 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
[N][T][T][N][T]
7 Smart Ways to Boost Your CIBIL Score for a Home Loan2024-05-09 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
cibil Cibil
[N][T][T][N][T]
Pay Minimum Amount Due on Your Credit Cards Will Impact Your Credit Score2024-03-11 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+4.webp/2b7c3f4b-a149-201d-4db8-fef9d47a39fa?version=1.0&t=1660719632011null&download=true)
cibil Cibil
[N][T][T][N][T]
Here’s How a Short-term Loan Can Help You Improve Your CIBIL Score2024-03-25 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
cibil Cibil
[N][T][T][N][T]
How Can I Raise My Credit Score From 360 to 800 Within a Year?2024-03-21 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1461143/Blog-20.jpg/8a62b6ff-d696-dd8f-cff1-e569b4c22bf9?version=1.0&t=1680758738737null&download=true)
home+loan Home Loan
[N][T][T][N][T]
What is an NOC Letter and Why is it Important?2024-05-14 | 3 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2782509/Blog-145.jpg/f5f903bd-d248-a352-8790-439fba167598?version=1.0&t=1691386983016null&download=true)
tax Tax
[N][T][T][N][T]
Income Tax Structure in New Regime: New Tax Exemption Limit 20232024-05-08 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2782509/Blog-140.jpg/a02bf2ca-4455-68a3-8816-2f9588470bb6?version=1.0&t=1691386981808null&download=true)
loan+against+property Loan Against Property
[N][T][T][N][T]
Top 5 Issues Regarding Loan Against Property Application Rejection that You Might Face2023-02-14 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-42.jpg/3a2ae456-a404-2b89-7e54-e8bf9204ccee?version=1.0&t=1690869409947null&download=true)
tax Tax
[N][T][T][N][T]
Know all About Top Up Loans and How to Avail of Tax Benefits2023-12-12 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2782509/Blog-146.jpg/c5a5a24d-0617-d520-9678-304ea3deb71b?version=1.0&t=1691386983267null&download=true)
home+loan Home Loan
[N][T][T][N][T]
5 Tips for Lowering Home Loan Interest Rates in 20232024-03-19 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-84.jpg/e2ffe9b5-5a4c-69f5-9eeb-51368ba49f68?version=1.0&t=1690869419690null&download=true)
home+loan Home Loan
[N][T][T][N][T]
How Can Your Credit Score Impact Your Home Loan Interest Rate?2024-02-13 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2782509/Blog-138.jpg/a8523220-b25c-9eff-1deb-a84e132c50a7?version=1.0&t=1691386981323null&download=true)
[N][T][T][N][T]
Everything You Need to Know About Home Loan Tax Benefits2024-04-23 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-8A.jpg/731f2df9-1164-13ac-d7fb-599e21b127b2?version=1.0&t=1685941980459null&download=true)
cibil Cibil
[N][T][T][N][T]
Does a Name Change Affect Your Credit Score2024-01-07 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1461143/Blog-3.jpg/22260265-9e12-0935-ca61-78067326b979?version=1.0&t=1680758614864null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Home Loan Balance Transfer: Benefits, Eligibility, and More2024-05-15 | 3 Min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-87.jpg/fa109881-d7ad-26dc-22c5-45ee4bda3c30?version=1.0&t=1690869420582null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Benefits of Submitting a Digital Home Loan Application in Current Times2023-12-20 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-13A.jpg/38896fc5-3a25-e903-1bdf-c338e26b28fc?version=1.0&t=1685941980827null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Common Mistakes to Avoid When Applying for a Home Loan2023-12-04 | 2 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1461143/Blog-10.jpg/c63a06aa-ce58-d906-3de6-3ff47d265601?version=1.0&t=1680758616883null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Differences Between Fixed and Floating Interest Rates2024-05-15 | 2 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-77.jpg/32fcc9c0-9e55-1ee7-175b-f4bf8ea62a32?version=1.0&t=1685941985344null&download=true)
cibil Cibil
[N][T][T][N][T]
Everything You Should Know About Your CIBIL Score2024-02-09 | 7 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2643928/Blog-105.jpg/c21fd41f-039a-df82-49b4-5fae79443c49?version=1.0&t=1690395074886null&download=true)
tax Tax
[N][T][T][N][T]
Top Benefits of Using an Online Income Tax Calculator2023-12-28 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
cibil Cibil
[N][T][T][N][T]
What is Credit Score and Its Impact on Loan Availability2023-03-27 |
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
cibil Cibil
[N][T][T][N][T]
What Does Your Credit Score Tell About You?2024-06-11 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2782509/Blog-32.jpg/fef2104a-dcb2-be40-f896-ad8e19d47c49?version=1.0&t=1691386975529null&download=true)
cibil Cibil
[N][T][T][N][T]
Know How Mortgage Loan Affect Your CIBIL Score2024-02-05 | 5 Min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-160.jpg/b176bac7-067f-4e44-393a-8aaada52a5c3?version=1.0&t=1685941987517null&download=true)
home+loan Home Loan
[N][T][T][N][T]
ITR Filing for Home Loan – Know the Right Process to File Your Income Tax Returns2024-02-16 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-100.jpg/aa033754-67be-c130-24f0-f19b94012339?version=1.0&t=1685941986948null&download=true)
cibil Cibil
[N][T][T][N][T]
Why is a CIBIL Score Measured Between 300 and 900?2024-05-07 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
cibil Cibil
[N][T][T][N][T]
What are the Types CIBIL Errors & How to Correct Them?2023-11-22 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-61.jpg/7300d599-ca9d-c699-8b6a-79492dd3910d?version=1.0&t=1685941982984null&download=true)
cibil Cibil
[N][T][T][N][T]
What is CIBIL? Understand How It Works and Its Importance2024-01-31 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
tax Tax
[N][T][T][N][T]
What Does It Mean to Have a CIBIL Score of -12023-06-16 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-22.jpg/8cb3d168-a546-4eeb-d5cb-a7dac4b05532?version=1.0&t=1685941981740null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Home Loan Terminologies2024-06-01 | 3 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+4.webp/2b7c3f4b-a149-201d-4db8-fef9d47a39fa?version=1.0&t=1660719632011null&download=true)
cibil Cibil
[N][T][T][N][T]
What Are Tradelines and How to Find Them On Your Credit Report?2024-05-28 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-91.jpg/b908a69a-8bac-bd94-29de-1bd0ae941a1c?version=1.0&t=1690869421460null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Ways to Check Bajaj Housing Loan Account Numbers2024-04-05 | 3 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2782509/Blog-153.jpg/0d5d00d1-167b-a60d-f84c-744878bc9281?version=1.0&t=1691386984944null&download=true)
cibil Cibil
[N][T][T][N][T]
What is Credit Mix and How to Boost Your Credit Score?2023-03-27 | 7 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+4.webp/2b7c3f4b-a149-201d-4db8-fef9d47a39fa?version=1.0&t=1660719632011null&download=true)
home+loan Home Loan
[N][T][T][N][T]
What Do You Need to Know About Home Loan Foreclosure?2023-03-23 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
cibil Cibil
[N][T][T][N][T]
Introduction to Credit Information Bureau India Limited (CIBIL)2024-04-15 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-94.jpg/429f97fa-c0ef-4536-70e8-0a93c5272e9e?version=1.0&t=1690869422320null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Section 80EE: Claim Deductions on the Home Loan Interest Paid2023-02-17 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2782509/Blog-119.jpg/7b826bfc-74a2-5407-5680-bd2d56f817c5?version=1.0&t=1691386976573null&download=true)
home+loan Home Loan
[N][T][T][N][T]
What is the Process to Get Your Home Loan Approved Fast with Bajaj Housing Finance?2024-02-15 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-24.jpg/8a130b64-e3f4-5930-59bf-ee21e77ed3fe?version=1.0&t=1685941982040null&download=true)
home+loan Home Loan
[N][T][T][N][T]
What are the Different Types of Loans Available in India?2024-01-02 | 5 Min
![alt](https://www.bajajhousingfinance.in/documents/37350/1461143/Blog-147.jpg/4d964c6f-cf7b-eb04-4f6d-baef2d5d9e30?version=1.0&t=1714645440981null&download=true)
cibil Cibil
[N][T][T][N][T]
What Does a Zero or Negative Credit Score Mean?2023-02-24 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-63.jpg/a2064d73-04dd-b64f-b8fb-8e1f046c7485?version=1.0&t=1685941983281null&download=true)
cibil Cibil
[N][T][T][N][T]
How Many Credit Inquiries are Too Much in a Year2023-09-21 | 2 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
cibil Cibil
[N][T][T][N][T]
Will a Loan Settlement Ruin My CIBIL Score?2023-03-21 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2782509/Blog-141.jpg/4c794e23-85c1-4cb3-89e2-1df840185c6c?version=1.0&t=1691386982061null&download=true)
cibil Cibil
[N][T][T][N][T]
How to Check CIBIL Score Online?2023-03-14 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+4.webp/2b7c3f4b-a149-201d-4db8-fef9d47a39fa?version=1.0&t=1660719632011null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Top 5 Home Loan Benefits for First-time Woman Buyers2024-05-14 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-51.jpg/e9016f4b-8a7e-de9e-3f4a-afe0363b2ec4?version=1.0&t=1690869412867null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Importance of an NOC Letter after Closing Your Home Loan2023-12-14 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Benefits of a Joint Home Loan with your Spouse2023-08-04 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1461143/Blog-19.jpg/283e91fa-76c6-510c-e6c4-3e3e06b728e5?version=1.0&t=1680758738471null&download=true)
home+loan Home Loan
[N][T][T][N][T]
How to Pick the Best Home Loan Tenor that Suits Your Budget2023-06-29 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-66.jpg/14922f02-6202-96ad-63e2-05b20c57e9d8?version=1.0&t=1690869416281null&download=true)
home+loan Home Loan
[N][T][T][N][T]
How Digital Platforms Are Revolutionising the Face of Housing Finance2023-12-21 | 7 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
home+loan Home Loan
[N][T][T][N][T]
What is the Ideal Down Payment for a Home Loan?2024-05-16 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+4.webp/2b7c3f4b-a149-201d-4db8-fef9d47a39fa?version=1.0&t=1660719632011null&download=true)
tax Tax
[N][T][T][N][T]
Comparison Between New Tax Regime vs Old Tax Regime2024-04-10 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-38.jpg/149eb7e7-c2ff-d466-1fa4-d78580450e8d?version=1.0&t=1690869408600null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Know All About the Home Loan Foreclosure Procedure2023-12-20 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+2.webp/9bce1476-bc9f-5771-382b-2f64b1668cf5?version=1.0&t=1660719631404null&download=true)
cibil Cibil
[N][T][T][N][T]
10 Common Myths About CIBIL Score2024-03-27 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2782509/Blog-142.jpg/5dc0e05a-83a1-7ab3-bf53-d021723583bc?version=1.0&t=1691386982298null&download=true)
cibil Cibil
[N][T][T][N][T]
Check CIBIL Score with PAN Card for Free, in 3 Steps2024-02-27 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+4.webp/2b7c3f4b-a149-201d-4db8-fef9d47a39fa?version=1.0&t=1660719632011null&download=true)
cibil Cibil
[N][T][T][N][T]
How Does Being A Loan Guarantor Affect Your Credit Score?2023-03-23 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-101.jpg/35021707-9c15-b12e-3131-d0e162487071?version=1.0&t=1690869423435null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Advantages of Including a Co-Applicant on Your Home Loan2024-01-21 | 7 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
cibil Cibil
[N][T][T][N][T]
How can I Remove Loan Inquiry from CIBIL Credit Report2024-01-22 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-50.jpg/95eac235-a7fb-9428-8808-569d29aa004e?version=1.0&t=1690869412550null&download=true)
home+loan Home Loan
[N][T][T][N][T]
What is the Difference Between Top-up Loan and Home Improvement Loan2023-01-11 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-79.jpg/429652d3-cf73-dc06-6701-ca8e144d54da?version=1.0&t=1690869418055null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Are Registration Charges Compulsory When You Opt for a Home Loan?2024-04-15 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-45.jpg/eda2cbe5-2698-c0e3-ff9e-87f82ca69b82?version=1.0&t=1690869410994null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Can I Take a Home Loan and a Personal Loan Together?2024-01-17 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-98.jpg/3d01134e-c5ea-ad38-1711-aa77fece6ea6?version=1.0&t=1690869422885null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Should You Take a Home Loan Even If You Have Enough Money to Buy a House?2023-01-30 | 3 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-73.jpg/ab9043fa-c179-0cd6-ff85-60035d21eb6e?version=1.0&t=1690869417162null&download=true)
home+loan Home Loan
[N][T][T][N][T]
7 Common Problems You May Face While Applying For Home Loan2024-01-18 | 7 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
home+loan Home Loan
[N][T][T][N][T]
What Happens If Home Loan EMI Bounces? Know the Consequences2023-07-11 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1461143/Blog-18.jpg/aea627c6-044d-a572-c1a5-5982c3a23e9a?version=1.0&t=1680758738202null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Hybrid Flexi Loan vs. Personal Loan: Which One is Better?2024-01-24 | 3 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-69.jpg/07816147-504b-0220-445d-97e2b48780e3?version=1.0&t=1685941984478null&download=true)
cibil Cibil
[N][T][T][N][T]
A Helpful Guide to Understanding Your Credit Report2024-01-26 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1461143/Blog-5.jpg/fdfc7e4b-0b54-563c-f312-06cbd77b97d1?version=1.0&t=1680758615539null&download=true)
home+loan Home Loan
[N][T][T][N][T]
An Essential Guide to Refinancing a Home Loan2024-04-22 | 5 Min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-90.jpg/e75d091d-9b86-9dfd-58b5-b4c371c20b08?version=1.0&t=1690869421161null&download=true)
cibil Cibil
[N][T][T][N][T]
Difference Between Credit Score and CIBIL Score2024-02-15 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+4.webp/2b7c3f4b-a149-201d-4db8-fef9d47a39fa?version=1.0&t=1660719632011null&download=true)
cibil Cibil
[N][T][T][N][T]
Loan Settlement And Its Effects On Your Credit Score2024-03-07 | 6 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2782509/Blog-137.jpg/5622febd-40cb-47d6-bdca-0761c742bc7d?version=1.0&t=1691386981090null&download=true)
tax Tax
[N][T][T][N][T]
How Much Tax Can be Saved Under Sections 80C, 80D, and 80G?2023-02-22 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-83.jpg/c91b6dbf-df97-4123-b46c-58ef8ef6cafb?version=1.0&t=1690869419208null&download=true)
home+loan Home Loan
[N][T][T][N][T]
10 Factors That Affect Your Home Loan Eligibility2024-05-21 | 7 min
![alt](https://www.bajajhousingfinance.in/documents/37350/1980576/Blog-21.jpg/122e3dd8-4b55-6dbd-2d81-66129ef1eb8f?version=1.0&t=1685941981426null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Understanding Stamp Duty and Property Registration Charges2024-03-13 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
home+loan Home Loan
[N][T][T][N][T]
Should I Apply for a Pre-Approved Home Loan or an After Property Finalisation Loan?2024-03-15 | 5 min
![alt](https://www.bajajhousingfinance.in/documents/37350/2716445/Blog-57.jpg/5c139dd2-a7f6-70ac-b85e-78c27201f303?version=1.0&t=1690869414742null&download=true)
cibil Cibil
[N][T][T][N][T]
Everything You Need to Know About the Ideal CIBIL Score for Business Loan2024-01-17 | 4 min
![alt](https://www.bajajhousingfinance.in/documents/37350/146860/Blogs+1.webp/dfde657e-946f-2b0a-d20a-772fa5f19371?version=1.0&t=1660719630964null&download=true)
cibil Cibil
[N][T][T][N][T]
What is the Role of CIBIL Score in Getting a Home Loan?