{"id":3783,"date":"2022-09-09T13:29:26","date_gmt":"2022-09-09T11:29:26","guid":{"rendered":"https:\/\/www.nripio-forum.nl\/?post_type=question&#038;p=3783"},"modified":"2022-09-09T13:29:26","modified_gmt":"2022-09-09T11:29:26","slug":"im-planning-to-buy-an-apartment-for-my-parents-in-india-i-have-some-cash-saved-but-confused-if-i-should-opt-for-a-home-loan-or-use-the-money-already-in-some-fixed-deposits-i-heard-about-ta","status":"publish","type":"question","link":"https:\/\/www.nripio-forum.nl\/question\/im-planning-to-buy-an-apartment-for-my-parents-in-india-i-have-some-cash-saved-but-confused-if-i-should-opt-for-a-home-loan-or-use-the-money-already-in-some-fixed-deposits-i-heard-about-ta\/","title":{"rendered":"I\u2019m planning to buy an apartment for my parents in India. I have some cash saved. But confused if I should opt for a home loan or use the money already in some fixed deposits. I heard about tax benefits for loan repayments, but as we aren\u2019t under that category, what should an NRI consider? Are there interest differences for NRIs? Could someone please give me some insights? TIA"},"content":{"rendered":"","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","question-category":[182],"question_tags":[],"class_list":["post-3783","question","type-question","status-publish","hentry","question-category-company"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v18.6 (Yoast SEO v26.9) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>I\u2019m planning to buy an apartment for my parents in India. I have some cash saved. But confused if I should opt for a home loan or use the money already in some fixed deposits. I heard about tax benefits for loan repayments, but as we aren\u2019t under that category, what should an NRI consider? Are there interest differences for NRIs? Could someone please give me some insights? TIA - NRIPIO-FORUM<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.nripio-forum.nl\/question\/im-planning-to-buy-an-apartment-for-my-parents-in-india-i-have-some-cash-saved-but-confused-if-i-should-opt-for-a-home-loan-or-use-the-money-already-in-some-fixed-deposits-i-heard-about-ta\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"I\u2019m planning to buy an apartment for my parents in India. I have some cash saved. But confused if I should opt for a home loan or use the money already in some fixed deposits. I heard about tax benefits for loan repayments, but as we aren\u2019t under that category, what should an NRI consider? Are there interest differences for NRIs? 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