PROVISIONAL STATEMENT FOR CLAIMING DEDUCTIONS UNDER SECTION 80E & 80E 25
FOR THE INCOME TAX ACT, 1961.
This is to inform that HUMA A. ANSARI with Loan Account Number SBIPUNB001215420191/Application Form No.
DN1589 has/have been granted Student Loan for M.B.A of Rs.15,00,000 /-@11.75% p.a. fixed in respect of the following
college:
College Address: - Symbiosis Society
Senapati Bapat Road,
Pune - 411 004,
EMI Amount/Prepayment if Any Payable for 01-Apr-2024 to 31-Mar-2025
Principal Component 214286.00
Interest Component 176250.00
Please Note -
*Interest and Principal Figures are subject to change in case of prepayments and/or change in repayment schedule.
* Deductions under Section 80E & 80E25 of the Income-tax Act, 1961, in respect of interest payable on borrowed capital can
be claimed in accordance with and subject to fulfillment of conditions prescribed under the income-tax laws. Interest payable
for the pre-acquisition period cannot be claimed as deduction, subject to fulfillment of conditions prescribed in Section 80E
& 80E25 of the Income-tax Act, 1961.
*Deductions under Section 80E & 80E25 of the Income-tax Act, 1961, in respect of payments towards repayment of principal
can be claimed in accordance with and subject to fulfillment of conditions prescribed under the income-tax laws.
*The utilization/end use of the loan is as per the Borrowers” discretion, and is required to be in accordance with the
details provided in the loan application and the undertakings given, if any, in the Loan Agreement, which, where, such
details have been provided, has solely been relied upon.
*For purpose of calculation of Interest /further interest (additional interest) & other charges, the basis, applied by the Bank
is 1/12 applied monthly.
The course chosen is OPERATIONS
Tenure of the chosen course is 7years (84 months)
The above loan is repayable in Equated Monthly Installments (EMIs) comprising of Principal and Interest. The break-up of the
EMI amount for the above loan into Principal and Interest is as follows:
The PEMI interest payable from 01-Apr-2024 to 31-Mar-2025 is Rs. 0/-
For State Bank of India Ltd.
(Acting for itself and/or as duly constituted attorney in this behalf of State Bank of India)
Authorized Signatory
Statement Generated on: January 02, 2025.
State Bank of India Ltd
