Video: Can you really save tax with a home loan?!

When you get a home loan, are you really saving tax? Listen to Ashal Jauhari explain why it is an illusion to think that one can save tax by getting a home loan!

Here are the videos of the third Chennai investor meet held on Sep. 2015. I was able to videograph only part of Ashal's talk  (Apologies, should have done better). Here are 3 segments.

'Who is Ashal Jauhari?', you ask? Read this to find out: Interview with Ashal Jauhari: Relentless Financial Awareness Activist

A good number of people have Facebook accounts only to be part of Asan Ideas For Wealth, his Facebook group. He also blogs occasionally at Asan Ideas for Wealth: Personal Finance & Investments

Note:  Reduce volume before playing and gradually increase it, until comfortable. The room was dark. Therefore, although the slides are clear, for the most part, only Ashal's silhouette  will be seen.

Capital Gains and how they are taxed (3 mins)

Can you really save tax with a home loan?!

In this video, Ashal clears many doubts about HRA,home rent, home loans and answers if we can really save tax with a home loan or is it just an illusion (awesome!)

Writing a will and Q/A

In this segment Ashal discusses 'how to write a will' and answers questions. Unfortunately, the will part is not complete.  You can download the sample will provided by Ashal here: Sample Will

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15 thoughts on “Video: Can you really save tax with a home loan?!


    Home loan part was ultimate...especially the one where Ashal explains how to really save tax by taking loan from a family member. Thanks Pattu.

  2. Manoj


    Very useful video, but missed the second part .
    If possible I would like you to have a topic on Home loan and discuss various possibilities financially and emotionally. It is always great to know your perspective.


  3. Vivek

    "A good number of people have Facebook accounts only to be part of Asan Ideas For Wealth, his Facebook group."

    Itssssss meeeee 😛 epdi daan kandupidikrangalo haiyo haiyo...

    Well found Jagoinvestor from Google. Stumbled on to your freefincal @Jagoinvestor. Stumbled on AIFW @freefincal (modus operandi as described by Pattu Sir!). Stumbled on financialsafari & Subramoney @AIFW.

    Long Live the DIY Community...

  4. Anuj

    Really informartive. I am confused whether i understood one part correctly. This part refers to the different limits of tax saving on home loan interest for ' self occupied' case and 'rented out' case. If the house is self occupied the limit is Rs. 2 lacs but if it is rented out then there is no limit. I can claim tax exemption on the whole interest amount even if it is more than 2lacs (minus rental income ofcourse).
    Did I understand it correctly?

  5. Krishna

    Thank you very much, very nice video and knowledgeable video. Still I have some doubt on will.
    1. if witness person is no more then how will be handled? (both or all)
    2. If in my will I mention my wife is first, if not my wife then it will be my children. But in extreme case all family members are no more then what will happen to my property or life insurance? Who can claim?
    3. While declaring will my bank account have say 2lakh but on the day of death there is no amount in bank then what will happen?
    4. If I take loan from some bank after my will then how loan will be recovered? Nominee should pay loan amount ?
    5. If my wife take every amount and benefit and will not give any amount my parents or children then how my kids or parents claim benefit?
    One more question, not related to will but related transfer of property, If I own house and I will transfer my home to his name but later point if I feel I did mistake and I want to take my home back from him. Can I able to do that?

    Execuse me if I have asked same question/s again. Thank you in advance.

    Thanks & Regards,


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