(B) bear interest (exclusive or
premium charges for
insurance and service charges, if any) at not to exceed such per centum per
annum on the principal obligation outstanding at any time
as the Secretary finds necessary to meet the mortgage market.
As per Section 80C of the Income Tax Act, 1961,
premium made towards term
insurance policies is eligible for tax benefits up to INR 1.5 lakh per
annum.