Which One Is Right for Me?
New car, existing car, new home, existing home — each has a different structure, tax angle, and end outcome. Find the one that fits your situation.
Which structure gives you the most under IT Rules 2026?
Earning ₹30L+?
Home lease first. ₹2–4L/year. Perquisite unchanged.
Buying a car?
Choose EV. ₹2,000/mo perquisite vs ₹5,000–7,000 for ICE.
Already own a home?
Equitable mortgage unlocks 80% LTV. No sale, no stamp duty.
Own a car already?
Hypothecation route: keep ownership, get full Rule 15 benefit.
Salaried professionals wanting a home
How it works
NBFC acquires the house in a dedicated SPV → SPV leases to employer → employer provides as accommodation perquisite
Tax treatment
Rule 15 perquisite: 10% of salary (metro), 7.5% (Tier-2), 5% (Tier-3). "Salary" for Rule 15 = Basic + DA + Commission only. Full lease rental deducted pre-tax.
At lease end
Asset is returned to you through the agreed corporate mechanism at lease end. Full cost and tax implications disclosed in deal documentation before signing.
Best for
Professionals earning ₹25L+ CTC in metro cities. Houses ₹30L–₹5Cr. Tenure 10–20 years.
Biggest benefit under IT Rules 2026 — home lease saves ₹2–4 Lakh/year for ₹30L+ earners. Perquisite: only 10% of basic salary — unchanged while car rates tripled.
Biggest benefit under IT Rules 2026Salaried professionals wanting a new car
How it works
NBFC acquires the car in a dedicated SPV → SPV leases to employer → employer provides as perquisite under Section 17(2). Choose an EV for ₹2,000/month perquisite — the lowest rate under IT Rules 2026. ICE cars: ₹5,000–7,000/month. Same SPV structure, same asset return at lease end.
Tax treatment
Rule 15 perquisite (IT Rules 2026): EV ₹2,000/month ⚡ (best) · ICE ≤1,600cc ₹5,000/month · ICE >1,600cc ₹7,000/month. Full lease rental is a pre-tax CTC deduction.
At lease end
Asset is returned to you through the agreed corporate mechanism at lease end. For vehicles, no RTO transfer of registration is required.
Best for
Professionals earning ₹15L+ CTC. EVs and cars ₹5L–₹80L. Tenure 3–5 years.
EV: ₹2,000/mo · lowest perquisite under IT Rules 2026
EV: ₹2,000/mo · lowest perquisiteProfessionals who own a home and want to optimise their CTC
How it works
Option A — Sell to SPV: Employee sells house to SPV at FMV. SPV leases back to employer. Full Rule 15 accommodation perquisite applies.
Option B — Equitable Mortgage: Employee creates equitable mortgage in favour of NBFC (0.2% stamp, one-time). Benefit under Rule 15(5)/Table IV, IT Rules 2026 (read with Section 17(1)). Employee retains title. 80% LTV liquidity available.
Tax treatment
Option A: Long-term capital gains at 12.5% (if held 2+ years). Then full Rule 15 accommodation benefit. Option B: FMV-based benefit, no capital gains event.
At lease end
Option A: Asset returned through exit mechanism at lease end. Stamp and tax implications confirmed at deal stage. Net outcome: LTCG cost at sale, then ongoing benefit. Option B: Mortgage released, title always with employee.
Best for
Houses held 2+ years. Option A LTCG rate (12.5%) makes payback typically under 2 years for houses with low indexed cost.
12.5% LTCG on sale — often recovered within 2 years of structured benefit
Professionals who already own a car and want to unlock the CTC benefit
How it works
Option A — Sell to SPV: Employee sells car to SPV at Fair Market Value (FMV). SPV leases back to employer. Full Rule 15 benefit applies.
Option B — NBFC Hypothecation: Employee hypothecates car to NBFC via Form 35 (₹200 stamp). Benefit claimed under Rule 15(5)/Table IV, IT Rules 2026 (read with Section 17(1)). Zero upfront cost.
Tax treatment
Option A: Short-term capital gain on sale (if held <36 months). Then full Rule 15 benefit going forward. Option B: Rule 15(5)/Table IV benefit — value determined by FMV. No STCG.
At lease end
Option A: SPV dissolves, car returns at ₹1. Option B: Hypothecation released, car continues with employee.
Best for
Cars with significant market value, low written-down value. Option A payback typically under 18 months for cars valued ₹10L+.
Option B: ₹200 stamp + zero STCG — quickest path to benefit
Owner-occupiers aged 60 or above seeking tax-free liquidity from an owned, self-occupied residential property
How it works
If you are 60 or older and own your home, a Reverse Mortgage allows you to release cash against your property — with no monthly repayment required during your lifetime. The loan is settled from the sale of the property only after both borrowers have permanently vacated.
You remain the registered owner. The bank or Housing Finance Company holds a registered mortgage only. You (or your heirs) have the first right to redeem by repaying the outstanding amount at any time.
LeaseBridge introduces you to the right NHB-approved Primary Lending Institution and handles the documentation end-to-end.
Tax treatment
Proceeds fully exempt from income tax under Section 10(43) of the Income Tax Act, 1961. No EMI, no monthly repayment, no income tax on disbursements.
At lease end
Loan settled from sale of house only after both borrowers have permanently vacated. Heirs retain right to redeem by repaying outstanding amount.
Best for
Owner-occupiers aged 60+ seeking tax-free monthly income (approx. ₹50,000/month typical) or lump sum for medical needs. If you need a larger lump sum or are under 60, the Equitable Mortgage (Option C) is the right product.
Section 10(43) — proceeds are fully income-tax exempt. No repayment in your lifetime.
NHB-approved lenders onlyUse the calculator to model your specific situation, or register your company and we'll recommend the right structure.