Joint home loan eligibility and tax benefits explained: Complete guide
Quick SummaryA joint home loan lets two or more applicants combine their income to qualify for a higher loan amount, and it can also double the tax benefits available under the Income Tax Act.Eligibility depends on combined income, credit score, age, employment type and existing liabilities of all co-applicants, not just the primary borrower.Every major lender, SBI, HDFC, Axis Bank, Bank of Baroda, Bank of Maharashtra, Kotak offers a free online home loan eligibility calculator and EMI calculato