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Interest Subsidy on Home Loan: A Complete Guide Are you considering buying a home but worried about the high interest rates on home loans ? Well, you're in luck! There is a financial tool that can help you save money on your home loan - interest subsidy. In this article, we will guide you through all the details of interest subsidy on home loans, how it works, who is eligible, and how you can benefit from it. What is Interest Subsidy on Home Loan? Interest subsidy on home loans is a financial benefit offered by the government to provide interest rate relief to homebuyers. This subsidy is designed to make homeownership more affordable and accessible to a wider range of individuals. The subsidy is usually provided in the form of a reduction in the interest rate charged on the home loan, resulting in lower monthly payments for the borrower. How Does Interest Subsidy Work? Interest subsidy works by reducing the effective interest rate on the home loan, thereby lowering the amount o...