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How can you save tax on personal loan?

A personal loan is an unsecured credit product offered to salaried, non-salaried, and self-employed individuals by banks and lenders. Your personal loan can be high as Rs 30,00,000. Typically, constraints are taken while personal loan application includes: borrower documents, credit score, employment stability, income, repayment history, outstanding debt. However, the loan amount is decided by …

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