Date : 11/11/2024 TO WHOMSOEVER IT MAY CONCERN
----------------------------
TYPE : ELECTRIC VEHICLE LOAN-VARIABLE RATE-MONTHLY RES
PROVISIONAL STATEMENT for claiming deduction under Sections 80EEB
of the INCOME-TAX ACT,1961 for the period 01/04/2024 to 31/03/2025
This is to certify that MR RANJAN PATRA
(Loan account number 692673667) has/have been granted a ELECTRIC VEHICLE LOAN
of Rs. 15,74,712 @10.85% per annum* in respect of the following vehicle :
MG ZS EV
The above loan is REPAYABLE in Equated Monthly Instalments (EMIs) comprising
Principal and Interest. The total amount of EMIs payable from 01/04/2024 to
31/03/2025 is Rs. 2,47,228.00. The break-up of the amount into Principal and
Interest is given below :
PRINCIPAL COMPONENT Rs. 40,212.00
INTEREST COMPONENT Rs. 2,07,016.00
NOTES :
1.Interest is calculated on monthly rests. Principal repayments are
credited at the end of each month.
2.Interest and Principal figures are subject to change in case of
prepayment/s and/or change in repayment schedule.
3.Principal repayments through EMIs and/or Prepayments qualify for deduction
under Section 80C,if the amounts are ACTUALLY PAID by 31/03/2025.
4.Deduction under Section 80C can be claimed only if :
(i) The repayment of the loan is made out of income chargeable to tax and
5.Interest payable on the loan ( including Pre-EMI Interest, if any )
is allowed as a deduction under Section 24(b).
THIS STATEMENT BEING PROVISIONAL IN NATURE REQUIRES NO AUTHORISATION FROM HOUSING
DEVELOPMENT FINANCE CORPORATION LIMITED (PAN: BJIPP7234H)
THE AMORTISATION OF THE LOAN IS AS PER THE REPAYMENT SCHEDULE BELOW :-
From Dt To Dt ROI(%) EMI From Dt To Dt ROI(%) EMI
APR-24 JUN-24 10.95 16,269 JUL-24 SEP-24 10.85 16,269
OCT-24 NOV-24 10.85 16,269 DEC-24 10.85 16,269
662443918
MR RANJAN PATRA
PL0T 624, SRIRAM NAGAR COLONY,
KONDAPUR, HYDERABAD-500081
Regd. Office: Ramon House, H T Parekh Marg, 169, Backbay Reclamation, Churchgate, Mumbai 400 020.
Tel: 66316000, 22820282. Fax: 022-22811205, 22046834, 22046758.,CIN: L70100MH1977PLC019916
