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Moneycontrol09-12-2025, 18:12

Home Loan Hack: Pay Bi-Weekly, Save ₹18 Lakh & Cut 7 Years Off Tenure

  • A "quiet home-loan hack" can save up to ₹18 lakh and reduce loan tenure by 5-7 years without increasing EMI.
  • Instead of monthly EMI, pay half the EMI every 15 days, totaling 13 full EMIs annually.
  • This method reduces the principal faster, leading to significant savings on interest.
  • Check with your bank if they offer bi-weekly EMI payments.
  • If bi-weekly payments aren't an option, paying at least one extra EMI annually can also reduce loan tenure and interest.

Why It Matters: A simple payment trick can save millions on home loan interest and shorten tenure.

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