Strategic debt solutions for personal and business growth. Low interest rates, quick processing, and transparent terms.
Turn your dream home into reality or unlock value from existing property. We partner with top banks to get you the lowest ROI based on your CIBIL score.
Fuel your business expansion with unsecured business loans or MSME financing. Working capital solutions tailored for Indian SMEs.
Quick disbursement for immediate financial needs - be it a medical emergency, wedding, or travel. Minimal documentation required.
Fund higher education in India or abroad. Covers tuition fees, accommodation, and travel expenses.
| Feature | Home Loans & LAP | Business Loans | Personal Loans | Education Loans |
|---|---|---|---|---|
| Collateral required | Property | Business assets or unsecured | Usually unsecured | Usually unsecured, sometimes a co-signer |
| Interest deductibility | See taxation section below — treatment varies by loan and use of the borrowed funds | |||
| Typical use case | Buying a home or unlocking value from an owned property | Funding or expanding a business | Short-term or emergency needs | Funding higher education in India or abroad |
| Documentation intensity | Moderate to high | High | Low to moderate | Moderate |
Tax deductibility depends on the type of borrowing, how the funds are used, the property status and the income-tax regime selected.
Interest up to ₹2 lakh per financial year is deductible under Section 24(b), but only under the old tax regime. The new tax regime—the current default—does not allow this deduction for self-occupied property.
Home-loan interest is fully deductible against rental income with no cap. Under the old regime, the loss that can be set off against other income in a year is capped at ₹2 lakh, with excess loss carried forward for up to 8 years.
LAP interest is deductible only when the borrowed funds are demonstrably used for business or investment purposes. Interest on funds used for personal expenses is not deductible.
Interest under Section 80E has no upper cap and is deductible for 8 years from the year repayment starts. This deduction is also available only under the old tax regime.
Personal loans generally carry no interest tax deduction unless the borrowed funds are demonstrably used for a purpose that itself qualifies, such as eligible home improvement or business expenditure.
Money n Wealth can help compare borrowing structures, repayment capacity, collateral implications and tax treatment before matching the loan to the investor's wider financial plan and product requirements.
Personal Loan vs. Loan Against Mutual Funds vs. Gold Loan — Which Fits?