My father took a home loan, and the same home is kept as mortgage.
I'm paying arround 22k emi for the same but unable to exempt tax as the loan is on my father's name.

I googled a lot how to transfer it but neither gift deed nor sale deed would work as the property is on mortgage that's under bank's ownership (until loan is fulfilled).
Tax is also getting deducted, I'm paying hefty emis.
What can I do?
Please advise 🙂

likefunny
Posting as :
works at
You are currently posting as works at

It should be in your name only to exempt it

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Just go to the bank and speak to someone google won't answer everything thing

It can be transferred

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I already visited branch. But you know SBI employees they were least bothered to help. Anyways I'll try once again.

Pay hra

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