Buying a Home in Loan: Which is best - Pledging Gold, Life Insurance certificate or Housing Loan..?

Question: I Have a plan Buying a home. Which is best  pledging Gold, Life Insurance certificate or housing loan?

It is better you go for Home loan instated of pledging Gold and Life Insurance certificate. If  you are a salaried person, 

Why you need to go Home Loan ;

**  It is cost effective; the home loan interest rate is less compared to Gold Loan or / Life  Insurance Policy mortgage loan

**  You can avail income tax benefit up to Rs. 1.5 Lakh as Interest portion per financial year .

**  Repayment of Principle portion of home loan can be used for section 80C benefit of IT act up to  Rs. 1 Lakh per financial year 

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