Save 15-18 Lakhs on Home Loan: CA Reveals Smart Bi-Weekly Payment Strategy!

• Chartered Accountant Nitin Kaushik reveals a smart strategy to save 15-18 lakh rupees on a 50-60 lakh home loan.
• Instead of monthly EMIs, pay half the EMI every 15 days, resulting in 13 full EMIs annually.
• This extra EMI directly reduces the principal, significantly cutting down interest and loan tenure.
• The method can reduce a 20-30 year loan tenure by 6-7 years, saving substantial interest.
• Borrowers must check with their lenders if bi-weekly payment facilities are available.

Why It Matters: A bi-weekly EMI payment strategy can significantly reduce home loan tenure and save millions in interest.