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Banks allow parking extra cash in home loan account to reduce interest, but should you?

Why Not Mint Money

00:00

Intro

Learn how banks offer a unique feature on home loans that allows borrowers to park extra cash in the loan account to reduce the outstanding principal and total interest while still having access to the money. The episode features a guest from Bank Bazaar who provides in-depth insights into this facility available with banks like Access Bank, SuperSiver Loan, SBI's Max Gain, and ICICI Bank's Money Saver.

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