You can plan to repay the home loan after the completion of the five-year tenure of the bond.īalwant Jain is a tax and investment expert who can be reached at and his X handle. These bonds have a tenure of five years and interest received on these bonds is fully taxable. However, you can claim an exemption under Section 54EC by investing the indexed long-term capital gains in capital gains bonds of specified financial institutions within six months from the date of sale of the existing flat. In case you are not able to sell the present house within one year of the purchase of this house, no capital gains exemption will be available with respect to the house property proposed to be bought. However, if you are able to sell your existing house property within one year from the date of purchase of a new house, you will be able to claim the exemption in respect of long-term capital gains arising on the sale of the present house. – Accidental death Coverage up to PKR 2.5 million – Health insurance plan up to 20.Also Read: SBI offers up to 65 bps discount on home loan interest rates to these borrowers *Above mentioned profit rates are without Takaful and TrackerĪccidental death Coverage up to PKR 2.5 million *SBP Floor + 1.0% (*Currently SBP floor is 7.7%) Remittances through Roshan Digital Account -RDA or any other account (Proof Required.
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