Bachche Ki Padhai, Aapki Kamai: 80E Hack Se Loan 5.6% Effective #oolka #creditworthy #loan

Kya aap education loan ka tax benefit (Section 80E) use karke bank se hi “spread” kama sakte ho?
Example video me: 8% loan par aap 30% tax slab me ho → effective cost ≈ 5.6% (formula: effective rate = nominal × (1 − tax rate)).
Agar aapke paas cash pada hai aur use ~6.6% tax-free instrument me park karte ho, to net spread ≈ 1% mil sakta hai (almost low risk, fees/lock-in ke hisaab se).

Important points:

Section 80E: sirf interest par deduction; principal par nahi.

Eligibility: higher education ke liye loan; borrower self/spouse/children ya legal ward; loan recognised financial institution/approved charitable institution se.

Duration: deduction max 8 saal (ya interest khatam hone tak).

Tax bracket matters: aapka actual marginal tax rate (surcharge/cess) ke saath change ho sakta hai.

“Tax-free FD” nahi hoti: tax-free typically PPF/tax-free bonds type instruments hote hain; inke lock-in & liquidity check karo.

Charges: processing, prepayment/foreclosure, documentation fees evaluate karo.

TL;DR:
8% loan @ 30% slab → ~5.6% effective.
Cash @ ~6.6% tax-free → ~1% spread (illustrative).
Apne loan rate + tax slab + instrument ke numbers niche comment karo, hum quick math karke bata denge.
Aise hi practical money hacks ke liye subscribe karo.

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