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Written by Snehil
Financial guides and detailed articles written by Snehil.
What Is Margin Money in a Home Loan? Down Payment Calculation, LTV Limits and Bank Disbursal Rules Explained
Key Points Margin Money (commonly called the Down Payment) is the mandatory personal equity contribution a borrower must pay from their own funds toward the property pur…
₹20,000 Monthly SIP for 20 Years: Compounding, Milestones and Final Corpus Explained
Key Points Investing ₹20,000 every month for 20 years in diversified equity mutual funds can accumulate an estimated corpus of approximately ₹1,99,82,958 (~₹2.00 Crore) …
Section 80CCD(1B) vs. 80CCD(2) NPS Tax Deductions: Rules, Limits and Tax Savings Explained
Key Points Section 80CCD(2) allows a tax deduction on employer contributions to your National Pension System (NPS) account up to 14% of Basic Salary (+ Dearness Allowanc…