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WebTeam
- October 7, 2025
Naresh Kumar never thought his dream home would come with such a heavy burden. As an IT employee in Chennai, long hours, traffic, and deadlines were already part of his daily grind. But every month when his housing loan EMI notification popped up, his heart would sink a little. Half his salary seemed to vanish in seconds, and he often wondered – “Will I be repaying this for 20 years of my life?”
One evening, while traveling back from his office in Tidel Park, Naresh sat in his cab scrolling through his phone. A friend had shared a blog from Wish Tree Consultants Pvt Ltd titled “How to Close Your Loan Faster”. Curious, he clicked. That was the turning point.
🌱 The Struggle
Like most Chennaiites, Naresh had taken a ₹50 lakh home loan for a 2BHK near Anna Nagar. At 9% interest, the numbers were terrifying – almost ₹58 lakhs interest over 20 years. He had sleepless nights thinking:
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“What if I lose my job?”
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“Will my family always live under this debt?”
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“Will I ever be free to invest in my children’s education?”
This stress slowly affected his confidence at work and even his family time.
🌳 The Turning Point with Wish Tree Consultants Pvt Ltd
One Saturday, he decided to visit Wish Tree Consultants Pvt Ltd, Anna Nagar, Chennai.
📍 2nd Floor, A-Block 6th Street, Near Anna Nagar East Metro, Chennai – 600102
📞 8124422221
🕙 Timings: 10.00am – 7.00pm
Inside the office, Naresh was greeted warmly. The experts explained with simple comparisons how small steps could save him lakhs:
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+₹5,000 EMI/month → Save ₹15 lakhs interest
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+₹10,000 EMI/month → Save ₹23 lakhs
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₹1 lakh prepayment yearly → Save ₹20 lakhs
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₹2 lakhs prepayment yearly → Save ₹29 lakhs
Naresh was stunned. “Why didn’t my bank tell me this?” he whispered.
The team at Wish Tree Consultants Pvt Ltd not only guided him on loan prepayment strategies but also streamlined his Income Tax Filing through their ITR filing portal. By optimizing his tax savings, he managed to allocate more money for prepayment.
🎉 The Happy Turn
Within a few months, Naresh saw real progress. His outstanding loan amount dropped faster than expected. The constant fear that gripped him was slowly replaced with hope.
He even started planning family vacations again, guilt-free. His wife noticed the difference too – “Naresh, you’re smiling more these days.”
The financial stress that once pulled him down was now replaced with confidence, thanks to Wish Tree Consultants Pvt Ltd.
❓ Quick Quiz for You
👉 If your EMI is ₹44,986 for 20 years on ₹50 lakhs, how much interest will you pay?
A) ₹28 lakhs
B) ₹58 lakhs
C) ₹15 lakhs
(Think before scrolling up for the answer!)
🌟 Fun Facts about Loans & Finance
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Did you know? A 1% reduction in loan interest can save you lakhs over the tenure.
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In Chennai, housing loan prepayments are most common after bonus season!
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Using Income Tax refunds smartly for prepayment is a secret many miss out on.
💡 Interesting Tips from Wish Tree Consultants
✔️ Always keep your loan tenure short – it saves maximum interest.
✔️ Use bonuses, incentives, and tax refunds for prepayments.
✔️ Revisit your tax planning every year through experts – Wish Tree Consultants Pvt Ltd can help with Tax, Audit, GST, and ITR Filing.
🌈 The Moral of Naresh’s Story
Loans are not a burden if managed wisely. With the right guidance from Wish Tree Consultants Pvt Ltd, Naresh learned that financial freedom is not about earning crores, but about planning smartly.
Today, he’s on track to close his 20-year loan in just 11 years. His biggest takeaway? “Debt doesn’t control me anymore – I control my money.”
If you’re also struggling like Naresh, visit Wish Tree Consultants Pvt Ltd, Chennai or explore their ITR filing page and take your first step towards freedom from debt.
