Tax Deduction Hacks
easy
low risk
1 day
1 min read
Updated 2025-10-30
Joint Home Loan Doubling
Double tax benefits: Both co-borrowers claim separately
Potential Savings
₹2.2 lakhs family savings
Time Required
1 day
Complexity
easy
Legal Status
fully legal
Applicable to:
Home Buyer
What is This Hack?
Co-borrowers each claim ₹1.5 lakh principal (80C) + ₹2 lakh interest (24b) separately if co-owners in same proportion, doubling total family benefit
Key Benefits
- Potential savings: ₹2.2 lakhs family savings
- Implementation time: 1 day
- Legal status: fully legal
- Risk level: low
Related Topics
home loan
joint loan
co-borrower
80c
24b
doubling