Nanda Padmanabhan
Deputy General Manager of Communications at Bankbazaar
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Jun 25, 2024 • 24min
Banks allow parking extra cash in home loan account to reduce interest, but should you?
Deputy General Manager of Communications at Bankbazaar, Nanda Padmanabhan, explains the benefits of an overdraft facility in home loans. Topics include reducing interest payments by parking extra cash, comparing with prepayments, and analyzing scenarios for opting for an OD based home loan.
