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Outlook Money - April 17,2013

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16 Prepaying
Home loan
The 25 bps rate cut by the RBI
notwithstanding, no lender has
talked of lowering the rate of interest
on home loans. So, if you
are an existing borrower and can
afford to prepay your home loan
in part or in full, better do so
and save on the interest outgo.
What’s more, there is no prepayment
penalty on home loans
either. But prepayment also has
its tax implications. Here’s a
home loan prepayment plan for
the next financial year

Outlook Money Description:

Outlook Money is a monthly business magazine published by The Outlook Group in India. The magazine is known for its in-depth coverage of the Indian economy, as well as its insights from leading experts in the field. It covers a wide range of topics related to business, including:

* Economic news and analysis: Outlook Money covers the latest economic news and trends from India and around the world. The magazine also provides in-depth analysis of the Indian economy, as well as its impact on businesses and individuals.

* Industry news and trends: Outlook Money also covers the latest news and trends from different industries, such as technology, finance, healthcare, and manufacturing. This coverage helps readers to stay informed about the latest developments in their respective industries.

* Corporate news and profiles: Outlook Money also features corporate news and profiles of leading companies in India. These profiles provide readers with insights into the strategies and operations of these companies.

* Personal finance: Outlook Money also features articles on personal finance, such as investing, saving, and retirement planning. These articles help readers to make informed financial decisions.

Outlook Money is a valuable resource for anyone who is interested in business in India. It is a must-read for anyone who is looking to stay informed about the latest economic and business trends in the country, or who is looking for insights from leading experts in the field.

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