Unlock Home Loan Savings: 6 Secrets Banks Don't Want You to Know

• Tax advisor Sujit Bangar reveals 6 crucial home loan tips to save millions, often undisclosed by banks.
• Demand a detailed written cost breakdown post-sanction to avoid hidden charges like processing fees and stamp duty.
• Reject multi-year insurance proposals; it adds 4% cost and 80C benefits are already available.
• Apply to multiple banks simultaneously to secure better interest rates and negotiate effectively.
• Utilize joint ownership for employed couples to double tax benefits under Section 24 and 80C, saving up to Rs 7 lakh.
• Accelerate loan repayment by paying one extra EMI or increasing EMI by 5% annually to save millions in interest and shorten tenure.