I am in the process to buy a home for my family. Please advise me whether I should take the home loan self or home loan is it beneficial to take it jointly by me & my wife. Currently, my wife is not working so can I avail full tax benefit?
It is best to go for joint owning. Yes, you can avail the tax benefits towards the EMI you pay.
Thanku sir. Is it necessary that joint loan will be given only if property is registered jointly . Am registering property on my name and taking the home loan jointly with my wife. Can I do this ??