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Explore ₹50 Lakh Home Loan? Try This to Save on Interest 💰 with 160,245 views, 2,650 likes, and 61 comments. Experience the impact of this video content that has captured audience attention.

In a normal Home Loan, most of your initial EMIs are actually directed towards paying of the interest, it is much later that the Principal starts getting set off. However one of the ways to payoff this loan earlier or to reduce the burden of interest on you can be to open an OffSet account. An offset account basically means you keeping money parked with the bank, which the bank sets off against your loan amount and calculates interest on the Loan Amount - Offset Amount. And with the lower principal base the interest applicable on you remains low as well. We made an entire video on how to payoff your home loan earlier: https://www.youtube.com/watch?v=ZC-2SLTEnrs&t=220s https://docs.google.com/spreadsheets/...

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