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Krish Bhatt

Is there any tax benefits on Personal Loan?

If a personal loan is availed for buying a residential property, for purchasing any business related asset, or buying stocks or jewellery then it becomes eligible for tax deduction. But for that one will have to submit all the documents and proofs that shows the fund is utilized for the said purpose.
Check your Personal Loan Eligibility
To check how much loan you can get.
Loan Amount
Monthly Income?
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